In early December 2017, Dom Hofmann, cofounder of Vine, tweeted an image that appears the same as Vine’s original logo but with a “2” added. Twitter bought Vine for $30 million before the app was originally released in 2012. However, Twitter shut down Vine in the beginning of 2017.
Vine came to an end primarily because of its competition with other platforms. Instagram released the ability to record 15-second videos, then increased the cap to 60-second videos. After the Instagram video feature and Snapchat’s 10-second videos, Vine’s future became uncertain, prompting Twitter to close the app Jan. 17, 2017.
This time, however, Hofmann doesn’t plan to sell Vine 2. “I’m going to work on a follow-up to Vine … [and] I’m funding it myself as an outside project, so it doesn’t interfere with the … work we’re doing at [Interspace],” Hofmann said.
Lacking solid information on what Vine 2 officially will be, how the app will function or what the interface will look like is all speculation; however, many are hoping for the app to bring back its hallmark feature of 6-second looped videos.