Core Viewpoint - Myseum, Inc. has launched Picture Party, a new instant social networking platform aimed at enhancing privacy, content control, and user engagement in sharing photos and videos [1][6]. Product Overview - Picture Party is designed to provide a more controlled and enjoyable way to share media, addressing privacy and ownership issues not sufficiently covered by existing social media platforms [1][3]. - The platform allows users to create private, encrypted spaces for sharing photos and videos, ensuring that only invited guests can view the content [5][8]. Features and Functionality - Users can create unlimited Picture Parties, invite participants via text, QR code, or in-app invites, and launch events in under a minute [8]. - The platform includes features such as live feeds, organized albums, and the ability to comment and react to posts, making it more interactive than traditional group chats [3][4]. - Picture Party eliminates common frustrations associated with photo sharing at events, allowing for instant sharing without the need to chase down individual copies [4][7]. Privacy and Security - All media shared within Picture Parties is private and encrypted, with users having control over who can save pictures and invite others [5][6]. - The technology behind Picture Party is supported by a newly granted U.S. patent, which is a significant aspect of Myseum's intellectual property strategy [6][9]. Market Positioning - Myseum aims to fill a gap in the social media landscape by addressing user concerns about privacy and content control, positioning Picture Party as a new category of private social interaction [6][11]. - Following the initial launch on iOS, Myseum plans to expand Picture Party to Android devices, enhancing accessibility and user adoption [9].