Your 15 seconds of video on Instagram just got more interesting.

Facebook’s Instagram division has just released “Hyperlapse,” a new video sharing app for recording cinematic time-lapses.

The standalone app features a simplistic interface, with only a single setting for speed. The app is available now on iOS for iPhone and iPad owners. Facebook said an Android launch is planned but didn’t share an ETA.

Hyperlapse won’t operate as a separate social network — instead the app enables users to make videos and share them directly onto Facebook and Instagram.

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Here’s a preview of what you can do with the new app, which you can download here:

http://vimeo.com/104362903

Not the only “Hyperlapse” app

Strangely enough, there was already a time-lapse app in the App Store called “Hyperlapse,” although that app only lets you view time-lapses. And, believe it or not, Microsoft also launched time-lapse smoothing tech this month under the same “Hyperlapse” name.

It’s Facebook Paper all over again.

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