The app is called Color and works like this: As soon as you open the app, you'll start receiving on your phone photos and videos of other Color users within 150 feet of where you are -- in a crowded bar, for instance, where you're looking to meet people. You can annotate a comment to someone's photo and use it as an intro to a conversation, etc.
The app was created by a smart tech guy with a couple other very successful startups under his belt (one purchased by Apple, the music service LaLa), and he's received big-time venture capital support as if this is going to be the next new social networking phenom.
Of course, you don't have to turn Color on -- then no one can see your pics/videos and you can't see those of other Color uses. But how many people are going to resist? The same number who resist looking at train wrecks, is my guess.
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