Chinese online video sex chat
CEO Brian Gross founded My Girl Fund six years ago.
He told Business Insider, “Guys send girls money whether it’s for content or simply to be a nice, generous guy. We’ve heard of them helping pay for things from tuition to speeding tickets.” With about 8,200 women and 15,000 new men who sign up each month, they buy credits for a dollar each to exchange on the site.
We Chat, (Weixin 微信 in Chinese), is the dominant chat application in China and fourth largest in the world, with 806 million monthly active users.
Accordingly, the popularity of We Chat has also been met with suspicions of surveillance and media reports of censorship.
The gangs created social media accounts on which they posed as attractive Asian women and befriended victims.
The fraudsters invited victims to engage in cybersex activities via webcam, during which the woman would take off her clothes to entice the victim to take off his.
Because there are so many more men joining the site than there are women, female users take to marketing themselves to men who will pay- one anonymous user claimed she makes ,000 to ,000 a year “working” full-time on the site.
It’s an interesting experiment with a monetized social network.