It’s easy to capture and share what’s happening around you with Lightt. With one tap, you grab 10 seconds of time in a burst of pictures. We call this a “highlight.” Your highlights upload instantly and connect in a seamless stream of beautiful moving pictures. Watch your highlights, and the highlights shared by your friends, play back faster than life, like the speed of your memory.
Lightt:
http://lightt.com
On iTunes:
https://itunes.apple.com/us/app/lightt/id545803363
Robert Scoble interviewed the team:
https://plus.google.com/+Scobleizer/posts/fzFJVGPmWGH
Update:
I've started using the app and it's fun.
Here's one from tonight on the subway.