When the description of an app starts like "XXX changes the way you meet new people. XXX is so much more than a social app." then I feel I've come across yet another app where the developers watched The Social Network and recreated... Facebook / Google+ / Bebo / Path / {add an existing social network}?

but adding extra stuff that is missing from these social networks.

Engineering wise I'm sure it's a fun challenge to build something like this, but product wise I can't see how this will get traction.

My advice would be to target a niche group (either geographically or interest wise) if you are going down the social app route. It's a chicken & egg problem getting a community that makes using an app worthwhile.

PS: I wanted to try the app, but the first line of the privacy policy scared me off: "You will not provide any false personal information on the App, or create an account for anyone other than yourself without permission."

Damn right I won't give real data to test run an app I have no reason to trust. Since on the registration screen the only thing to read is the privacy policy, which does an excellent job intimidating me as a person - I guess so much for the test run.