What is the WhatsYourPrice app and how does it work?

WhatsYourPrice is a unique online dating platform that adopts an incentive-based structure to connect individuals. It works by allowing "Generous Members," typically men, to bid on first dates with "Attractive Members," often women. After setting up a profile, the Attractive Member specifies the amount they would like to be offered for a first date. Generous Members can then browse profiles and place bids for the honor of going out on a date with them. Once a bid is accepted, the two parties can arrange the date just like any other dating scenario. WhatsYourPrice aims to streamline the dating process by making it clear what each person expects from the encounter, ostensibly reducing the time spent on finding a suitable match. The financial aspect is meant to incentivize the pursuit of a first date but should not be confused with escorting or similar services; it simply uses financial offers as a means to establish initial interest and facilitate meeting opportunities.