“Probably impossible… But certainly worth a try!”

That’s the tongue-in-cheek tagline for the Open Source Hoverboard Project, a crowd-funded initiative on Indiegogo (a version of Kickstarter with more relaxed submission rules) that hopes to raise $1 million towards releasing a working hoverboard by 2015.

Based on early designs shared on the project’s Indiegogo page, the hoverboard will use a lithium-air-battery and paper coated with an ink infused with nanotubes and silver nanowires as its dual power sources. Sound complicated? It is. The whole thing will also be controlled via Android and iPhone app that can turn the board on, control it, install updates, run diagnostics and offer share functions so you can show your friends all the sweet hoverboard tricks you’ll be able to do.

For $10,000 you can be first in line to receive a working hoverboard when (and if) the project is ever completed, and invite to the launch party scheduled for summer 2015. However, with 53 days of fundraising left the project has only drummed up $963 in support, with most backers vying for the cheaper $10 pledge that comes with a t-shirt and access to classified hoverboard development documents online. $50 will get you high resolution blueprints and renderings, while $250 will get you VIP access and input to the project, and $1000 will get you a mini hoverboard replica.

Looks like this one won’t come to fruition, but we can dream, can’t we?