BlipSnips is a new application that turns something tedious into something truly simple. By putting it into practice, you will be empowered to sort of bookmark parts of videos and then proceed to share them with anybody.
Up until now, if you wanted a friend to see a cool part of an otherwise unremarkable video the only way to do it would be sending him the link to the clip on YouTube, and instructing him to look from 2:35 to 2:56 to see that specific part you were talking about only. That is exactly what a tool like BlipSnips turns into a thing of the past. Not only does it let you individualize fragments within videos and share them on the spot, it also lets you add your own comments and explain why they are worth a look.
The ultimate aim of the site, then, is to make online video shape itself into something not just more contextualized and personalized, but actually into something more engaging for everybody. At a time in which the attention span of people has gone down considerably, a tool like this one is priceless.
BlipSnips.com In Their Own Words
“BlipSnips makes online video awesome. Use BlipSnips to link your friends right to the good stuff. Explain every snip in your own words, and share your BlipSnips tags with any social network. Find out who else is tagging what, where. Or even just save your place in a long video (like a bookmark!)”
Why BlipSnips.com It Might Be A Killer
It turns the sharing of video content into something better-suited to the current state of the Internet, in which people can (and do) get distracted more easily.
Some Questions About BlipSnips.com
How massive can this become? 
