Is Vine Coming Back? V2 Announced By Video App Founder

When Twitter, Inc. announced it would shut down Vine in October 2016, the internet lost a popular source of content and seemingly a piece of its history.

Vine, which at one point had roughly 200 million active users, launched in January 2013. It was mostly considered a medium for a diverse set of creators to shape online comedy with looping, six-second videos. Phrases like “back at it again at Krispy Kreme” became part of the internet’s collective vernacular, spawning many unforgettable memes.

But Vine struggled to hold on to its accounts. A data study by Markerly showed that 52 percent of "the platform’s top users (those with 15,000 followers or more) have left the platform as of January 1, 2016. There are 9,725 users on Vine that have more than 15,000 followers, putting them in the 99th percentile, but 5,094 of them have not posted on the platform since the beginning of this year."

Last week, Vine co-founder Dom Hofmann used Twitter to announce a new app that will perhaps carry the torch for its fallen predecessor. At the time, he did not share any details other than he would be funding it himself as a side project to another company he’s involved with called Interspace, according to The Verge.

Only a name and logo were released. Hofmann again used the platform that ended Vine to announce that the sequel app will be called V2.

After Vine was shut down, users were given the chance to download their Vines for posterity, but after a point, new Vines could no longer be uploaded to the service. Many of them still work or can be found on YouTube, but a great deal of them are dead links now.