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Signups opened this week for Loops, a short-form looping video app from the creator of Instagram alternative Pixelfed, reports TechCrunch.
I don’t think they’ll be able to do any type of direct competition for TikTok with a lack of advertising and payments You’re not going to draw quality creators. Decentralized algorithm sounds like a nightmare to manage.
However one place they will have some advantage is censorship. Anything that’s not explicitly illegal Will be a hell of a lot harder to stamp out. Moderation will probably be very light.