Obviously, Camera MX can't use the same name, so it calls its new feature Live Shot and works the same way as Live Photos does. Unlike Apple's version, Android users are allowed some customization by deciding how far back they want the recording to start. And because Force Touch is not yet a widespread Android capability, the Live Shot is activated with a long-press on the display. The final shot can be shared via messaging apps and social media.
It's easy: The app saves the last seconds before you take the actual photo.
This way, you can view your Live Shot as an animated photo and share it with friends, or rewind and select and save moments as individual photos."-Camera MX
Camera MX is a free download from the Google Play Store. To install it on your phone running Android 4.3 or higher, simply click on the sourcelink. And when your iPhone 6s totin' buddy shows off Live Photos, you can come right back with Camera MX's Live Shot.
source: CameraMX via RedmondPie