This is a GIF maker, so it creates GIFs from videos and nothing more. Due to the fact that GIFs are over 30 years old, it should not be compared to today's technology, specially video encoding which is very different from a soundless looping image. Having said that, I'm all for something new that will replace a GIF with more modern approach and millions of colors.
> it should not be compared to today's technology, specially video encoding which is very different from a soundless looping image
Considering most sites that let users upload gifs convert them into looping soundless videos, I'd say they're "very different" insofar as they're very inferior.