Since 2018, TikTok has been the talk of the neighborhood. It’s the new kid on the block that brands and influencers alike are attracted to in order to stay ahead and connect more innovatively with one another. In just a few short years, the app’s evolved into the hub of internet sensations including Lil Nas X, Charli D’Amelio, Addison Rae, and dance trends like “The Renegade,” “Say So,” and the #DistanceDance.
This past April the app surpassed 2 billion downloads on both the Google Play Store and Apple’s App Store. Recently, however, TikTok has dominated the news including threats to have it banned in the US — its fate now uncertain unless an American company, like Microsoft, acquires it.
Amidst the uncertainty, competitors are looking for windows of opportunity including video-sharing app Triller. Read on to learn more about the basics of this app, why it’s experiencing a moment in the digital space, and what’s next.
Triller at a glance
Triller, first introduced in 2015, was dubbed as “an entertainment platform built for creators.” Similarly to TikTok, Triller is built for short-form, flawless video content that can be shared in seconds and created for trending challenges, music videos, and other viral clips. A key perk that differentiates it from TikTok? Triller auto-edits your takes into a single flawless clip. As stated in the official app store description “You do you, Triller does the rest.”
Outside of its auto-editing algorithm, you can customize content with over 100 filters, text, drawings and emojis, access the top music tracks from your personal music library, and directly share your content across your other platforms including Twitter, Facebook, Instagram, a simple text message or email, or store it in your camera roll and decide how you want to use it later. Another useful element especially in an age of social distancing — you can collaborate with friends in a group video.
So just how popular is Triller? As of early July, it garnered 50 million monthly active users, but more recently, the app soared to the top spot in every category in the app store across 50 countries, including the United States, Australia, and Italy. According to an official announcement, Triller now boasts more than 250 million downloads worldwide — a 20x increase.
Who’s on Triller?
Millions have made Triller videos to date including Chance the Rapper, Justin Bieber, Rae Sremmurd, Rita Ora, and Kevin Hart. Marshmello, Skip Marley, Juicy J, Martin Garrix, Millie Bobby Brown, Brad Paisley, Blac Chyna and Mike Tyson are also known for their presence on the platform while others, including rappers Snoop Dogg and Lil Wayne, are leading investors in the company.
This summer, a few of Triller’s most notable creators — Josh Richards, Noah Beck, Griffin Johson, and Anothy Reeves — revealed they’d be leaving TikTok and onboarding with Triller. As part of the deal, they will be advisers and equity shareholders in the company. Together they have a combined following of nearly 50 million,
TikTok isn’t counting itself out just yet. On August 7th at 8:30pm ET, The Weeknd will take to the platform, in the form of a digital avatar, to perform his fourth studio album “After Hours” during a virtual concert. In what TikTok is referring to its “first-ever in-app cross reality experience,” the event will be livestreamed on the company’s official account (@tiktok).
With the future of TikTok unknown, other platforms are wasting no time trying to get a competitive edge. Triller itself unveiled new filters, camera tools, and the acquisition of Hallogen, a go-live app slated to introduce a monetization feature in the near-term. Snapchat shared it would be rolling out a TikTok-like music feature this fall. Finally, last month Instagram officially confirmed that its competitor app, Reels, will launch this summer.
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