In a world so obsessed with Facebook and Twitter, Lady Gaga is apparently the ready to be the first celeb to cash in on the phenomena, with a new social networking site… dedicated to herself.

LittleMonsters.com will reportedly let fans spend even more hours on the internet talking about the singer, and perhaps even allow a little communication with Gaga herself. And whilst this might sound like a very giving and unselfish gesture towards fans, she is an investor in the company that's building the site.

Fans can sign up right now to be put on the waiting list, with the site currently in testing form.