Quick Look Jellyjelly: A new social networking app with a market value of 180 million yuan, focusing on video chat and sharing

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The core function of $JellyJelly is to capture the exciting moments in video chats and quickly transform them into shareable content.


DVM Perspective

$JellyJelly is a new application aimed at revolutionizing the social media video chat experience. We initially valued it at $84 million, but its trading volume reached $350 million in the first hour of launch, with over 26,000 holders. The founding team is composed of top talent from Silicon Valley, and the product is currently in the Beta testing stage with a user base of 50-100 people. The official launch date and the token economics roadmap have not been finalized yet. The founding team revealed that the application has been in development for 3 years. We believe that $JellyJelly has the potential to fill a high-profit market gap in the podcasting industry and is a positive driving force for the SocialFi industry, especially as projects like $Vine and @cloutdotme are gradually gaining attention.

What is $JellyJelly?

$JellyJelly is an innovative platform that aims to change the way video chat is used in content creation, particularly on social media platforms.

It allows users to extract clips from video chats, transcribe them, and directly share them on platforms like Instagram, X (formerly Twitter), LinkedIn, and TikTok.

The project's goal is to simplify the process of creating and sharing viral video content from everyday conversations, making it as easy as posting regular videos while retaining a powerful real-time interactive context.

Some of the creator users currently include: @nasdaily.

How $JellyJelly Works

The core function of $JellyJelly is to capture the exciting moments in video chats and quickly transform them into shareable content.

Here's how it works:

  1. Recording and Editing: Users can record portions of their video chats, and the system automatically saves these clips.

  2. Transcription and Sharing: These clips are then transcribed, making them easy to edit and optimize for immediate posting on various social media platforms.

  3. AI Enhancement: AI components generate additional video content based on the recorded clips, enhancing the shareability and reach of the content.

This process makes video chat content creation lightweight and user-friendly, focusing on the original, unedited interactions rather than heavily edited content.

Technology and Infrastructure

$JellyJelly is built on the following technologies:

  • AI Video Generation and Transcription: Not only transcribing, but also using algorithms to suggest content enhancements or generate new video clips.

  • Cloud Storage and Management: Efficient storage and management of massive video data.

  • API Integration: Seamless integration with major social media platforms for convenient sharing.

Founders and Vision

Sam Lessin is leading the project, with a rich background that includes:

  • Former Vice President of Product at Facebook;

  • Co-founder of Dropio and Fin;

  • Seed investor in projects like Solana and Venmo.

Lessin holds a 1.7% stake in $JellyJelly. His vision is to make podcast creation as simple and appealing as the widespread adoption of short videos on TikTok, focusing on the authenticity of the content rather than its visual appearance.

Roadmap and Future Potential

  1. Current Stage:

    1. $JellyJelly is conducting Beta testing with 50-100 users to refine the platform's functionality.

    2. Focusing on community support and user experience optimization.

  2. Future Plans:

    1. Launch a token system ("Jellies") that can be used for advanced features or community governance.

    2. Expand platform capabilities, such as providing more advanced editing tools or more powerful AI content generation options.

  3. Community and Growth:

    1. Currently, cultivating a creator community through early access invitations, which helps drive platform development and benefits from it.

In Summary: $JellyJelly is an exciting new SocialFi project that, with its innovative features, strong technical support, and experienced team, has the potential to play a significant role in the social media and content creation landscape.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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