Quick look at JellyJelly: Creating a "video version of podcasts" targeting pain points in social media creation

Original Text: DeepTechFlow

DVM Viewpoint

$$JellyJelly is a new application aimed at revolutionizing the social media video chat experience. We initially valued it at $84 million, but the trading volume reached $350 million within the first hour of launch, with over 26,000 holders. The founding team consists of top talents from Silicon Valley. The product is currently in beta testing phase with a user base of 50-100 people. The official launch date has not been determined yet, and the tokenomics roadmap is also not finalized. The founding team revealed that the application has been under development for 3 years. We believe that $$JellyJelly has the potential to fill a high-profit market gap in areas such as podcasts and is a positive driving force for the SocialFi industry, especially in the current context where projects like $Vine and @cloutdotme are gaining attention.

What is $JellyJelly?

$JellyJelly is an innovative platform that aims to change the way video chatting 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 Instagram, X (formerly known as Twitter), LinkedIn, and TikTok, etc.

The project aims to simplify the process of creating and sharing viral video content from everyday conversations, making it as simple as publishing regular videos, with a powerful real-time interactive background.

Some of the current creator users include: @nasdaily, etc.

$JellyJelly working principle

$JellyJelly's core functionality is to capture exciting moments in video chats and quickly convert them into shareable content.

Here is how it works:

1. Recording and Editing: Users can record and edit certain parts of video chats, and the system will automatically save these clips.
2. Transcription and Sharing: These clips will be transcribed for easy editing and optimized for immediate posting on different social media platforms.
3. AI Enhancement: The AI component generates additional video content based on recorded clips to enhance the shareability and reach of the content.

This process makes video chat content creation lightweight and user-friendly, focusing on raw, unedited interaction rather than overly edited content.

Technology and Infrastructure

$JellyJelly relies on the following technologies:

• AI Video Generation and Transcription: Not only transcribing, but also suggesting content enhancements or generating new video clips through algorithms.
• Cloud storage and management: Efficiently store and manage massive video data.
• API Integration: Seamless integration with major social media platforms for easy sharing.

Founder and Vision

Sam Lessin leads the project and has extensive background experience, including:

• Former Vice President of Product at Facebook;
• Co-founder of Dropio and Fin;
• Seed investors in projects such as Solana and Venmo.

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

Roadmap and Future Potential

1. Current Stage:

   1. $JellyJelly is conducting beta testing with 50-100 users to improve platform functionality.

2. Focus on community support and user experience optimization.

3. Future Plans:

4. Launching the token system ("Jellies"), which can be used for advanced features or community governance. 2. Expand platform functionality, such as providing more advanced editing tools or more powerful AI content generation options.

5. Community and Growth:

   1. Currently, by issuing early access invitations, we are cultivating a community of creators to support the platform's development and benefit from it.

Summary: $JellyJelly is an exciting new SocialFi project that is expected to play a significant role in the social media and content creation space in the future, thanks to its innovative features, strong technical support, and experienced team.