Original article: TechFlow
DVM Perspective
$$JellyJelly is a new application that aims to revolutionize the social media video chat experience. We initially valued it at $84 million, but the trading volume reached $350 million in the first hour of launch, and the number of holders exceeded 26,000. The founding team is composed of top Silicon Valley talents. The product is currently in the Beta testing stage with a user scale of 50-100 people. The official launch time has not yet been determined, and the token economics roadmap has not been finalized. The founding team revealed that the application has been in development for 3 years. We believe that $$JellyJelly has the potential to fill a high-profit market gap in fields such as podcasts, and is a positive driving force for the SocialFi industry, especially at a time when projects such as $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, especially for social media platforms.
It allows users to extract clips from video chats, transcribe them, and share them directly to platforms like Instagram, X (formerly Twitter), LinkedIn, and TikTok.
The project goal is to simplify the process of creating and sharing viral video content from everyday conversations, making it as easy as posting a normal video but with a strong real-time interactive context.
Some of the current creator users include: @nasdaily and others.
How $JellyJelly works
$JellyJelly's core function is to capture the wonderful moments in video chats and quickly turn them into shareable content.
Here’s how it works:
Recording and Editing: Users can record parts of video chats, and the system will automatically save these clips.
Transcribe & Share: The clips are transcribed, edited, and optimized for instant posting on different social media platforms.
AI Enhancement: The AI component generates additional video content based on recorded footage, making the content more shareable and reachable.
This process makes video chat content creation lightweight and user-friendly, focusing on raw, unpolished interactions rather than overly edited content.
Technology and Infrastructure
$JellyJelly relies on the following technologies:
AI Video Generation and Transcription: Not only transcribes, but also enhances or generates new video clips through algorithmic suggestions for content.
Cloud storage and management: Efficiently store and manage massive video data.
API Integration: Seamlessly connect to major social media platforms for easy sharing.
Founder and Vision
Sam Lessin is leading the project and has a broad background including:
Former Vice President of Product at Facebook;
Co-founder of Dropio and Fin;
Seed investor in projects such as Solana and Venmo.
Lessin, who owns 1.7% of $JellyJelly, envisions making podcast creation as easy and engaging as TikTok made short videos popular, focusing on authenticity rather than polish.
Roadmap and future potential
Current stage:
$JellyJelly is currently in beta testing with 50-100 users to perfect the platform functionality.
Focus on community support and user experience optimization.
Future plans:
Introducing a token system (“Jellies”) that can be used for advanced features or community governance.
Expand platform capabilities, such as providing more advanced editing tools or more powerful AI content generation options.
Community and Growth:
Currently, by issuing early access invitations, we are cultivating a community of creators to help the platform develop and benefit from it.
Summary: $JellyJelly is an exciting new project of SocialFi. With its innovative features, strong technical support and experienced team, it is expected to occupy an important position in the field of social media and content creation in the future.