Back in 2012, Twitter acquired Vine ahead of its official launch which seemed to spawn a trend of short-form videos, resulting in some people becoming internet celebrities as a result. However in 2016, Twitter announced that they would be shutting the service down, where in early 2017 the service officially shut its doors.
However the good news is that Vine’s co-founder Dom Hofmann has announced (via The Verge) that he is working on a follow-up to Vine. According to Hofmann, “i’m going to work on a follow-up to vine. i’ve been feeling it myself for some time and have seen a lot of tweets, dms, etc.” He also adds that he will be funding the effort himself, but as it stands he has nothing to share regarding the specifics of what he is working on.
https://twitter.com/dhof/status/936298690842636292
While Vine might be gone, in a way you could argue that its spiritual successor comes in the form of Snapchat Stories, where users can also upload short-form video (sometimes). This has been copied by the likes of Facebook who applied it to their other services and products, like Messenger, Instagram, and WhatsApp. Recently it also appears that YouTube is testing out a similar feature.
In any case only time will tell what Hofmann could be working on, but given the success of Vine, you can bet that we’re interested in seeing what he’s got.