In a Monday announcement, Facebook said that it will soon be launching a new app - called 'Slingshot - which will apparently be a take on Snapchat as well as Instagram. The social network Facebook briefly launched its Snapchat-like disappearing-photo app on the Apple App Store on Monday, and then pulled it.

About the app being briefly put on the App Store, a Facebook spokesman said via an email that the app had been posted by accident; and added that the actual Slingshot app will be ready shortly.

The Verge managed to take some screenshots of Facebook's Slingshot app when it was posted briefly on the App Store. Going by the screenshots posted by The Verge, the Facebook Slingshot app will work in a manner fairly similar to the Snapchat self-destructing messages app.

Just like Snapchat, the Slingshot app will enable the users to apply captions to and draw on their photos. In addition, the app will also, like Snapchat again, make photos and videos disappear after a specific period of time.

Moreover, the Facebook Slingshot app will also give the users the ability to swipe through the photos received from their friends. Users probably will also have to send a message back to a friend, or "sling a shot," before being able to actually view an incoming message.