Microsoft is said to be in the process of developing a new console, codenamed “Paragon,” that would be released in 2019. The console would be powered by a new gaming engine, and it is said that it would feature a number of features not found on current Xbox One models. There are no details available yet about what the Paragon Console would look like, but it is likely that it will be similar in design to Microsoft’s current Xbox One model. It is also possible that the Paragon Console will come with its own cloud-based gaming service, which would allow users to play games anywhere in the world. If this rumor proves true, then it means that Microsoft is planning to revive its console series and make it more popular than ever before. If this happens, then Xbox One could become a very important player in the gaming market.