The NintendoVirtualBoy, released in 1995, was a video game console that used a twin eyeglass style projector to display the games in "true" 3-D (though monochromatic).
The VirtualBoy was a flop in the marketplace, for several reasons:
A full color VirtualBoy was impossible to release in 1995, due to the fact that high-efficiency InGaN (indium gallium nitride) blue and green LEDs only became available from Nichia in 1996.
The NintendoVirtualBoy (released on August 14, 1995 in the USA and July 21, 1995 in Japan) is a video game console that used a twin eyeglass style projector to display the games in "true" 3-D (though monochromatic).
Other game problems were related to the format of the console itself, which did not seem especially suited for certain types of games, giving players the impression that it was a rather limited system.
At the time, Nintendo was considered nearly invincible in the videogame market with the massive success of the NES, SNES, and GameBoy and its ability to hold arch-rival SEGA at bay as the Nintendo 64 was being developed.