Tortola, British Virgin Islands, January 3rd, 2025, Chainwire
XO, the Web3 social DApp, shares its insight of SocialFi, which emphasizes anti-censorship and privacy, faces practical challenges such as inconsistent content and fraud. While platforms attract users with flashy economic models, they lack the ability to continuously engage content creators. Leading SocialFi protocols struggle to break through the user growth bottleneck and have difficulty proving market demand.
Recent daily active user data for Farcaster in the past six months:
XO has proven its genuine user demand with unique data. In just over two years since launching its app in 2022, the user base has grown from zero to 1.5 million; the daily transaction volume on Cyber L2 (the blockchain where XO operates) exceeds 100,000 transactions; there are 7 million clicks and 1 million matches per month; 82% of users are acquired through organic growth or referrals.
These metrics reflect high user engagement and willingness to pay, proving that XO is fulfilling a genuine social need.
The First Dating App Combining Blockchain Technology
The dating industry has always been a massive market, but scams are rampant, and there are currently no signs that industry giants intend to change the status quo. The XO team’s original intention was to create a secure social environment and to believe that blockchain technology could bring transformative change to the dating industry.
The counterpart to privacy protection is security, and XO employs multiple technological methods to prevent common fraud and fake account issues seen in social media and dating apps. Upon registering for XO, users are assigned a unique XO soul-bound token (XOUL), which is enhanced by multiple verification methods (such as facial recognition, social network verification, ENS, and collaborations with DID providers like CyberID and Farcaster).
For users with high social credit scores, XO offers personalized AI Agent services. This feature allows users to generate an AI "avatar" that expands their social interaction capabilities and incentivizes users to improve their credit scores.
Currently, XO has also integrated Farcaster and Cyber ID, allowing users to interact across platforms, link data, and share credit scores. The platform will continue to expand its cross-chain social ecosystem in the future.
Content Matching + AI Agents for Precise Dating
Unlike traditional dating apps that rely on profile-based swiping to match users, XO matches users based on the content they share (such as emotions, confessions, or lifestyle).Earlier this year, XO launched its AI agent feature. The AI companion on the platform, named ROO, can conduct MBTI tests and provide personalized feedback based on user responses.
XO's AI agent system is not only an innovation in functionality but also a phenomenon in the Web3 landscape. As a dark horse in the Web3 social space, XO’s AI system, built on large-scale data-driven models and decentralized applications, is paving the way for the following trends:
1. Scalability of Decentralized Identities: The AI system combines users' DID (Decentralized Identity) with on-chain activity data to create a high-trust social environment, attracting a large number of high-quality users.
2. New Standard for Intelligent Socializing: With ROO and AI Twin, XO provides users with an unprecedented interaction experience, allowing them to engage not only in socializing but also in the Web3 transformation.
3. Shift from Tools to Culture: The AI agent, as one of XO's core features, has made socializing a cultural symbol, making it a hot topic in the Web3 ecosystem and driving more user engagement.
In the whirlwind of the Web3 revolution, XO has become a trendsetter. Whether through data growth, functional innovation, or market impact, XO’s AI system is continuously amplifying the FOMO effect, making it impossible for users and investors to ignore its future potential.
Sustainable Economic Model and Business Model
To avoid the "X to Earn" model being exploited by “farm studios,” XO first launched the Chat2Earn mechanism based on $rStar before officially launching its on-chain token. This approach ensures the existence of a sustainable token economy, maintaining a balance between potential income and expenditure.
Based on surveys and iterations, XO ultimately refined its Social2Earn model. The underlying PoC (Proof-of-Companionship) algorithm is based on users’ chat activity and real paid behavior, evaluating interaction quality comprehensively and offering $XO virtual currency rewards.
XO also has a very robust business model. In fact, it was this strength that led to XO securing $800,000 in seed funding in its founding year from renowned incubators such as TechStars and Japan's Rakuten Group. Currently, XO’s revenue comes from both B2C and B2B segments.
The B2C segment generates revenue through subscription fees, in-app purchases, ads, and Social2Earn.
The B2B segment, XO provides brands with customized market research and advertising services through AI chat ads and opinion mining, helping brands better understand and reach their target audience.
On July 11, 2024, the Xoul DID mainnet officially launched, and the team announced a $1.2 million airdrop. Meanwhile, $XO is also about to be listed.
In the first quarter of 2025, XO is set to launch the $XO token. Users can earn $XO tokens by actively engaging in community interactions or publishing content. Additionally, users can receive $XO airdrops by completing verification on the XO app and DID websites, as well as share in the prize pools of periodic quests updated on the DID website.
With a verified user base and driven by both Proof of Personhood and AI agents, XO is undoubtedly poised to take SocialFi further and become a disruptive force in global social platforms.
About XO
XO is an anonymous Web3 dating app equipped AI agent and Proof of Personhood. Invested by Rakuten Japan and Cyber, with 1.5M users from 7 countries, XO’s mission is to revolutionize human connection in a very different way.
Website: https://xoul.xoapp.co/
Contact
Kathy
kathyleee116@gmail.com
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