Vine co-creator Dom Hofmann has been working on a successor to the short-form video platform. The new app is available now on iOS and Android.
Hofmann has been developing the app for years. He quit Vine just after its acquisition by Twitter. He has been regularly dropping updates in the app’s online forum.
The name itself is not to be confused with Beijing-based TikTok. The app has fast-become one of the most explosively popular platforms ever created.
Hofmann came up with the name in 2015 when he was designing his next V2 app. It was a short-lived creative app with a social component similar in ways to the original Vine.
We’ll introduce a pilot version of our partner program to pay creators. The program celebrates creativity and community, and compensating creators is one important way we can support both.
Vine was shut down by Twitter four years ago. Vine’s creative spirit is now out. Users will have to see whether the app can live up to the hype.
The company will introduce a revenue-sharing mechanism to help creators get paid for their work when the app does eventually introduce advertising.’we’ll be starting with a revenue share supplementing with our own funds,’ Hofmann says.