Quick Look at JellyJelly: Creating a "Video Podcast" and Targeting Pain Points in Social Media Creation

Original: DeepTechFlow

DVM Viewpoint

$$JellyJelly is a new application aimed at innovating the social media video chat experience. We initially valued it at 84 million U.S. dollars, but the trading volume reached 350 million U.S. dollars in the first hour of launch, with a holder count exceeding 26,000. The founding team is composed of top talents from Silicon Valley. The current product is in the beta testing phase, with a user base of 50-100 people. The official launch date has not been determined, and the tokenomics roadmap has not been finalized. The founding team revealed that the application has been in development for 3 years. We believe that $$JellyJelly is expected to fill a high-profit market gap in areas such as podcasting, and is a positive driving force for the SocialFi industry, especially at a time when projects like $Vine and @cloutdotme are gradually gaining attention.

What is $JellyJelly?

$JellyJelly is an innovative platform designed 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 directly share them to Instagram, X (formerly Twitter), LinkedIn, and TikTok, etc.

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

Some current creator users include: @nasdaily etc.

$JellyJelly's working principle

$JellyJelly's core feature 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 parts of video chats, and the system will automatically save these clips.
2. Transcription and Sharing: These clips will be transcribed for editing and optimized as content suitable for immediate release on various social media platforms.
3. AI Enhancement: The AI component generates additional video content based on recorded clips, enhancing 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 enhancement or generating new video clips through algorithms.
• Cloud Storage and Management: Efficiently store and manage massive video data.
• API Integration: Seamlessly integrate with major social media platforms to enable easy sharing.

Founder and Vision

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

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

Lessin holds 1.7% of the shares in $JellyJelly. His vision is to make podcast creation as simple and appealing as TikTok's popular 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.

2. Future plans:

   1. Introduce a token system ('Jellies') that 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.

3. Community and Growth:

4. Currently, by issuing early access invitations, we are nurturing a community of creators to support the development of the platform and benefit from it.

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