The OUYA rival boasts impressive hardware specs, with HD visuals and Tegra 3 quad-core processor on board, backed up by 2GB RAM and 16GB of internal storage.
eSfere uses a touchscreen controller similar to the Wii U GamePad as its primary input, which comes with customisable adhesive buttons that can be placed on the screen.
The console also features an aesthetic design, and can double as a decorative living room ornament, such as a vase or a sculpture.
Android-based gaming devices are growing increasingly prevalent. The OUYA is now available for pre-order after raising more than $8.5 million during a Kickstarter campaign, and Archos launched its handheld GamePad earlier this month.
eSfere is seeking funding of $390,000 on indiegogo and has until January 21 to reach its goal.
Watch eSfere co-founder Joaquin Soler introduce the project below: