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The app reportedly works by using "real-time collective knowledge to connect trendsetting crowds and travelers to the places and people that best reflect their distinct interests."CEO Michael Belkin told CNET that he launched because he's "disgusted by the tasteless torsos and imagery on gay social sites and apps." And he wants "the good-taste part of the gay stereotype to gain traction with advertisers and cross the mainstream divide."Belkin launched what is being billed as "the only gay social app approved by the i Tunes store for 12-year-olds and older," with other investors that include Pay Pal cofounder Peter Thiel and Keith Rabois, a former executive at Pay Pal and Linked In, among others."Think of it as the ultimate gay accessory.