# Overview

## Introduction

Despite the prevalence of SNS, 79% GenZ feel lonely. Current apps fail to help them connect deeply. 

At XO, we are pioneering the use cases of <mark style="color:blue;">**AI and Web3**</mark> in SocialFi to facilitate deeper human connections. On our mobile app, our users often use it as a safe space to vent their emotions, talk about struggles, or share their interests to match with like-minded people, all while maintaining their <mark style="color:blue;">**anonymity**</mark> with avatar-based identity.

We believe that everyone deserves to feel heard and understood. Our goal is to create a community where people can find genuine connections and support by providing a safe and welcoming space where people can express themselves freely without fear of judgment. Through our platform, we strive to break down the barriers that prevent people from reaching out and connecting with others.&#x20;

## Our Success

* 1.5M APP Downloads
* 100K+ Daily Transaction on Cyber L2
* Generating <mark style="color:blue;">**7M+ swipes and 1M+ matches a month**</mark>&#x20;
* LTV/CAC > 5 / ARPPU $38 USD (1.7X higher than Bumble)
* 82% Users are from Organic / Referral
* 30-day retention is <mark style="color:blue;">**3x the industry standard**</mark> at 15%.&#x20;
* Average user spends <mark style="color:blue;">**40 mins per day**</mark> on XO, nearly twice that of Facebook and Snapchat&#x20;
* Our [**AI bartender** ](https://docs.xoapp.co/xo-whitepaper/xo-app/chatroom/ai-agents)(AI Wingmen) gets summoned to facilitate conversations over <mark style="color:blue;">**100k+ times per day**</mark>

## History

* **2020:** Backed by TechStars, Rakutan, and Taiwan Gov Fund - 💰**Raised $800k Seed Funding**&#x20;
* **2022:** Meet The Drapers - **🏆Regional Winner**
* **2022:** Web3Matching by AWSCloud and BNB **- 🏆Top 20 Finalist**
* **2023:** WAGMI Web3 Competition - **Runner Up**

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