Vine was an interesting platform, but in a couple years, it started losing momentum, and eventually was shut down. Although it is a bit of shame, the firm was smart enough to keep everything archived, giving users a chance to navigate through the service's content. Now, it looks like its co-founder, Dom Hofmann, is working on a successor to the service.
Hofmann took to Twitter to show off a "V2" logo in a Vine's turquoise colorway, a week after he said that he was "'going to work on a follow-up to Vine" and that he is funding it himself. Of course, as to what that ends up looking like is up for debate, given that no further comment has been provided by the Vine founder.
i'm funding it myself as an outside project, so it doesn't interfere with the (quite exciting) work we're doing at the company, which is my first priority— dom hofmann (@dhof) November 30, 2017
Naturally, there will be more information shared when the time is right, but one has to question the return of the format, especially when the market has become quite crowded with competitors like Snapchat, Instagram, and others.