Via Scientific American:
Scientists believe this animal belongs to the genus Crossota, a group of jellies that does not have a sessile polyp stage; all phases of their lives are ocean drifters. They also believe this animal is an ambush predator – note the posture it had assumed in the first half of the video: its bell motionless with its tentacles outstretched like the struts of a spider’s web, waiting for something to bumble into them. The red canals, they suggest, appear to connect the bright yellow objects, which may be gonads.
Bravo, Mother Nature 🙂