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Playfriends Prospectus

Company Overview

Playfriends is a rewards-driven social platform bridging the connection gap in a world plagued by loneliness. We monetize emotional engagement through live voice/video lobbies, digital gifts, gaming, and the "Simp Economy" on-chain. Designed for community discovery, meaningful connections, gaming, and DeFi education and onboarding, Playfriends combines Web2 entertainment with Web3 incentives to create playful, reciprocal interactions between users, creators, and creator guilds.

Monetizing loneliness at scale with live interactions, digital gifts, and fandom-powered DeFi.
Mobile App

The Problem: Global Loneliness Epidemic

Current social platforms are overwhelmed by politics and self-promotion, with misaligned incentives leading to declining real-world socialization. From 2013-2021, weekly hours spent with friends dropped significantly (American Time Use Survey). Loneliness affects billions, driving mental health crises—e.g., Japan’s epidemic where elderly commit crimes for companionship. A market gap exists between intimacy (dating apps) and interaction (social media), especially in gaming and companionship.

Our Solution: Voice + Companionship Platform

Core Features: Real-time voice/video lobbies for gaming, chatting, and events; virtual gifting with competitive leaderboards; private bookings and PPV streaming; digital collectibles and creator shops.

Web3 Integration: Effortless game SDK for plug-and-play monetization; fiat on-ramps to custodial wallets; DeFi education via Guild Pass (coming soon) with auto-executed low-risk actions like LP staking.

Revenue Model: Diversified revenue stack—Lobby Gifting (46.3%), Gaming (24.4%), Private Bookings (19.5%), Cosmetics/Collectibles (9.8%).

On-Chain Value Loop: Creators earn via engagement, web2 users journeyed by mentors to gamified liquidity mining earn a % of yield, platform scales liquidity.

Upcoming: Regional expansion to South Korea, Japan; AI agents for privacy-focused matchmaking; creator futures trading; interactive hardware.

Traction & Metrics

Users: 1M uniques, 720K engaged, 64.29% Day 1 retention (16% at 30 days).

Engagement: 10M+ minutes listened (since Feb 2024 alpha); 480K+ gifts sent; competitive gifters spend $4K+/month.

Creators: 1K+ pool with ~1M cumulative followers; top earners gross >$10K/month. In-house games generate $8K+/month.

Revenue Growth: diversified channels ensure stability.

Our Clients

Wisdom new and valley answer. Contented it so is discourse recommend. Man its upon him call mile. An pasture he himself believe ferrars besides cottage.

Testimonials

Wisdom new and valley answer. Contented it so is discourse recommend. Man its upon him call mile. An pasture he himself believe ferrars besides cottage.
our company, we do ongoing research with our target audience. This includes 30-45 minute phone interviews. It was difficult to conduct the interview, really listen, and ask good follow up questions
Cham
Product designer
We meet new clients and more often than not establish long-term business relationships, all through Guru. The flexibility in how projects can be structured
Scopic Software
Custom IT Solutions Firm
It is easy to communicate with clients through their message system and their SafePay feature ensures that all funds are secured prior to any work being done.
Russell Lee
Writer
At SOLACE Engineers, we provide engineering solutions and other services on various freelancing platforms. Among them all, Guru is the best and our first choice to invite clients.
Solace Engineers Inc.
Engineering Firm
our company, we do ongoing research with our target audience. This includes 30-45 minute phone interviews. It was difficult to conduct the interview, really listen, and ask good follow up questions
Cham
Product designer
We meet new clients and more often than not establish long-term business relationships, all through Guru. The flexibility in how projects can be structured
Scopic Software
Custom IT Solutions Firm
It is easy to communicate with clients through their message system and their SafePay feature ensures that all funds are secured prior to any work being done.
Russell Lee
Writer
At SOLACE Engineers, we provide engineering solutions and other services on various freelancing platforms. Among them all, Guru is the best and our first choice to invite clients.
Solace Engineers Inc.
Engineering Firm

Market Opportunity

Adapting China’s gamified streaming model (Douyu: 159M MAUs, 6M paying users) to untapped regions. Global game streaming market: $2.25B NA, $3.7B Europe, $0.75B SEA/Oceania, $2.19B China (9-11% CAGR). Target: 50M users by 2027 in key regions. Plus: unlocking sidelined retail liquidity for DeFi via engaging education.

Team

Founded Asia’s first Facebook-partnered AI chatbot developer; partnered with Globe Telecom for NFTs/Web3 to 34M users; headed technology expansion of a $300m ARR global e-commerce platform

Led esports at Sequoia-funded startup and Tencent; Headed companionship business at Douyu and Netease.

The fastest-growing social hub on Abstract
already 1M FRENS and counting
$FRENS Token Launch:
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