In Insert Coin, we look at an exciting new tech project that requires funding before it can hit production. If you'd like to pitch a project, please send us a tip with "Insert Coin" as the subject line.

http://www.engadget.com/2012/05/29/insert-coin-modkit-micro-graphical-programming/

What does microcontroller programming have in common with Tetris? Quite a bit if you're doing it with Modkit Micro from a Kickstarter project out of Cambridge, MA., which allows almost anyone to visually set up their hardware using graphical blocks to write the code. The partially-hooded trio behind it promises that the software is ideal for use with prototyping boards from Arduino, Evil Mad Science, Lilypad, Seeed Studio, Wiring and SparkFun, and they even claim that elementary school students have used it to "take their projects from concept to reality in just a few hours." Purists should have no fear either: you can still get into a code view to see what's going on behind the scenes. A web-based Modkit Micro is being offered online starting June 1st for $25, and there'll be a desktop variant for Windows, OSX, and Linux as early as July if they reach their funding target. Check out the video after the break and then try to get your kids to wait for college before inventing version 2.0 of this.

Previous Project Update: The PressurePen stylus is a bit short of its $10,000 goal, but that could change since the campaign won't come to a close for another solid two months.

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Insert Coin: Modkit Micro asks us if we're ready for six-year-olds coding Arduino boards