The new series, hosted by NBC's 'Last Comic Standing' finalist Amy Schumer, debuts on Video today.
US MySpace users are being asked to for a chance to win a trip to watch the show being recorded in New York.
Also available on the 'BFF' page is an application allowing MySpace users to create their own quizzes to send to friends to see how well they really know them.
Cristian Cussen, MySpace Video director of content and marketing, said: "MySpace users have been waiting for a snackable and social property like BFF. It encourages users to not only play along, but also create their own versions of the game."
Separately, MySpace also announced it will offers fans of Canadian folk-rocker Neil Young an exclusive premiere of his new album 'Fork in the Road'.
Starting today, before it hits stores on April 7.
Young follows other artists such as Neil Diamond and The Cure, who both premiered their albums and took part in individual MySpace Music Secret Shows, in which they performed for free at small venues to MySpace members.