A new online social networking site has been created but only for those who are rich enough to afford its membership fee, Computer World reported.
Unlike free-to-join social sites such as Twitter and Facebook, Netropolitan.club requires users to shell out $6,000.00 to register. They will also have to agree to pay $3,000 for yearly dues.
The pricey membership fee reflects the true nature of the networking site.
Founded by composer and former principal conductor of the Minnesota Philharmonic Orchestra, James Touchi-Peters, Netropolitan.club is a place where the rich can discuss matters that only people of their status can appreciate or relate to, according to LA Times.
"Meet like-minded individuals from across the globe who share your lifestyle and interests," the description on the site read. "The entire service is inaccessible from the public Internet, including search engines. All member transmissions to and from Netropolitan are encrypted."
According to Touchi-Peters, his idea for the exclusive site came to him due to his desire to converse with people who can relate to his lifestyle.
"Traveling the world as an orchestra conductor and composer, I quickly realized my life is different," Touchi-Peters said. "Many people cannot relate to my lifestyle or my interests. I was longing to connect on that level. That's how Netropolitan came to be."
"I saw a need for an environment where you could talk about the finer things in life without backlash -- an environment where people could share similar likes and experiences," he told CNN.
ZK Research's analyst, Zeus Kerravala, believes the site could become a hit among its target audience primarily due to its exclusivity. He noted that Netropolitan plays on the idea that wealthy folks only prefer to mingle with their own kind.
"The people that join would like the fact that it's exclusive - the thesis being that wealthy people want to only interact with outer wealthy people," he explained.
"Instead of how can I make the monthly payment on my Toyota, I can talk about why my Porsche uses so much gas and other first-world problems," he added.
Ezra Gottheil, Technology Business Research's analyst, on the other hand doubts the success of the site.
"Nice try but I don't think it will work," he said. "What's the incentive for the first entrants to pony up the $9,000? It's not a desirable property until there's a built-up membership. Without any members, it's an empty shell."