According to the demo, Storify allows users to curate social media posts, such as tweets, YouTube videos, and other links, to create a narrative about a current event or conference.
Here's the video:
It's easy to see immediate applications, especially when trying to filter content from noise on a specific hash tag.
But let's step away from intended use for a moment and think about new narrative possibilities. Imagine this as a tool for fiction. You could extract a story told through tweets and easily share it with those who aren't on Twitter, so this becomes a new method of publication or distribution for a short work. You could assemble a digital dérive, combining tweets with images and video. Even more radical, you could put together an entire story without writing a single line of it by piecing together items found on the web and then publishing the compilation. The interface is simple enough to permit a gap between intention and openness, so there's ample room for appropriation and play.
If you try out Storify for fiction, let me know. I'd love to see what you create.