A TikTok alternative called Loops is coming for the fediverse

Loops, a decentralized version of TikTok, began accepting signups this week, promising short-form video posting without third-party advertising.

The Verge
@verge Apparently threads is creating a feature called loops, Nevermind that pixelfed has had an apps called loops on the works for about a year now
@anubis2814 @verge why bow to Vapourware?
@jamesjm @verge Its part of the fediverse and made by the same guy who created pixelfed, its no vaporware.

@anubis2814 @verge with vaporware I’m referring to the unreleased threads feature you mentioned.

Pixelfed’s @loops is very real!

@verge I have signed up for this. Waiting to be accepted. It will not be great at first but I expect it to grow like Mastodon did.
@verge
Thanks for sharing this. The Verge
@dansup
@verge nice to see you're getting attention from media outlets now!