Just a week after Facebook pulled its Poke app from the App Store, a new rumor has emerged that claims that the company is building another Snapchat competitor.

Sources speaking to the Financial Times claim that Facebook is prepping a new app known internally as “Slingshot.” The app is said to feature video chat and a simple, speedy user interface that allows users to capture and share short clips with just a couple of taps. 

It’s said that Slingshot could launch as soon as this month, though one tipster suggests that Facebook could still decide not to release it all. Today’s report doesn’t specify which platforms the app might be made available on.

Snapchat is currently one of the hottest mobile apps around, and it recently gained a significant update with chat and video call features that garnered quite a bit of attention. Considering Snapchat’s popularity, it wouldn’t be a surprise to see Facebook take another crack at creating a Snapchat competitor. Just because Slingshot is backed by Facebook doesn’t guarantee that it will see success, though, as Snapchat is a well-established app and users may not want to switch away from it unless a new app offers a significantly better experience.

Do any of you use Snapchat? If so, would you be interested in this new Snapchat-like app from Facebook?

Via Financial Times