YouTube co-founders Chad Hurley and Steve Chen are about to release their new platform called Mixbit that allows users to shoot videos from their mobile devices, upload them to Mixbit and then collaborate with others to remix the videos. Recorded clips are stored as independent assets that other can use to create new mixes, however, a visual progress bar shows independent clips used in a remix.
Their mobile app has already been been submitted to the Apple App Store while the Android version is coming soon.
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