"...Still in the early stages, Loops is not yet open sourced, nor has it completed its integration with ActivityPub, the protocol that powers Mastodon, Pixelfed, PeerTube, and other federated apps..."
Hey, PeerTube is already open source, and works on ActivityPub:
this article is sort of clickbaity
Note, https://loops.video/ splash page doesn't even have any content, just a sign up.
"...interested testers will be emailed when it’s possible to actually start using the new app..."
kinda seems fishy.
Note, PeerTube is functional - you can watch and download videos on it today!