As predicted earlier, Facebook has officially released Slingshot, a Creative labs project, which is considered to be a Snapchat killer. A really good answer to Snapchat for denying acquisition requests from Facebook.
Slingshot is an app with lets you share moments in your life instantly with your Facebook friends. The company says that they wanted to create something where everybody is a creator and not a speculator.
The concept here is very simple. You will have to take a picture or a video, share it with your friend, and the friend will NOT be able to view that sling that was shared until he slings back to you. In this way, as Facebook says, it is making everyone a creator of content. Thus making sure there are chains of reactions from two different people.
The Android and iOS apps will be available to the US users pretty soon, according to the website. Hit the source link to know more about Slingshot. The company has put up a really nice video describing the app.