Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Sora downloads plummeted by 32% after a record-breaking start - ForkLog: cryptocurrencies, AI, singularity, future
Sora’s video generator is losing its audience after a rapid launch. According to Appfigures, the number of downloads and the app’s popularity are declining.
On the release day, the iOS version based on Sora 2 gathered over 100,000 installs. The service surpassed 1 million downloads faster than ChatGPT, despite being invite-only.
However, a few weeks after the debut, the trend reversed. In December, Sora downloads decreased by 32% compared to the previous month. In January, the situation worsened: the app was downloaded 1.2 million times.
Consumer spending also decreased by 32% in January.
In total, Sora has been downloaded 9.6 million times on iOS and Android. Users spent $1.4 million in the app, of which $1.1 million came from the US market.
Similar to TikTok, the Sora app allows creating short videos using prompts. A unique feature is the ability to choose yourself or friends as the main characters in the video.
Videos from other participants are open for editing and addition. Users can add music, sound effects, and dialogues.
In the American App Store, Sora has dropped out of the top 100 free apps.
Reasons for the decline
The decline is caused by several factors. First, Google’s Nano Banana model proved to be a serious competitor and strengthened Gemini’s position.
Sora also competes with Meta AI, which features Vibes videos powered by AI. In December, the pressure increased with the startup Runway, whose Gen 4.5 model outperformed competitors in independent tests.
Second, OpenAI’s product faced copyright infringement issues. Users created videos with popular characters like “SpongeBob” or “Pikachu,” which led the companies to tighten restrictions.
In December, the situation stabilized after an agreement with Disney, allowing users to generate videos with studio characters. However, this did not lead to an increase in downloads.
Recall that in October, deepfakes featuring Sam Altman flooded Sora.