On April 12, 2021, to help BitMart users know more about the xDNA Project and its team, we held a Telegram AMA with the topic of “Getting Started with xHumanity”. We are honored to have Cosmin Vranceanu, the CEO of xHumanity, and Gheorghe Biculescu, the Founder of xHumanity, to join the AMA and share valuable insights with our community members. If you didn’t make it to the AMA live event, please check our AMA recap below for more details:   [AMA]   BitMart Admin: Q1. Could you please introduce yourself?   Cosmin: My name is Cosmin Vranceanu and I’m the CEO and angel investor for the xHumanity project. I’m a Romanian citizen like most of our team. xHumanity represents our dream for a better world. As the name suggests our app involves people for the people. We use blockchain technology to solve social problems, distribute equity rewards, and in the end to build a different social media network.  I have a lot of experience in designing and implementing hardware and software solutions. I own a few companies in Romania in different domains like engineering, software, and education. This is the first company that I have built in the crypto “space”.  I had wanted to do something better for this world and to let humanity something behind me. I had associated with my partner who has the vision to do something for the betterment and we found the best way in the crypto world and freedom inside.   BitMart Admin: Q2. Can you give us a brief introduction to your project?   Cosmin: Blockchain technology has much to contribute to the evolution of the Next Generation Internet and towards achieving high levels of Distributed Trust seamlessly and unobtrusively, by explicitly increasing the trustworthiness of the content shared through future media. Trust is essential to societies and blockchain has the potential to shift the focus from trust in people and institutions to trust in the technology being used. After we identified the main problems in the current applications and searched for solutions, we started to put the main concepts for our idea on the paper. First, it was a redesign of the reputation (rating) system which is wrong today. Then we realize that trust is missing also between users and apps. So we made a study and proposed the Game of Truth to solve the trust problem. After, we designed the financial parts which include: rewards, donations, UBI (Universal Basic Income), access to lending and borrowing services. The last part was about an advertising system which has to be governed by the users, as all important aspects in an app.   BitMart Admin: Q3. What are your stellar achievements? (e.g. investments, team members, public interest, celebrity endorsement, or anything significant)   Cosmin: The main achievement for the project is the team itself. All members have at least 20 years of experience in software development and machine learning. Listing on Bitmart was another milestone of the project. We also have a large community that supports us. Partnerships with EmiSWAP, Polkadot, and Elrond are on the way.   BitMart Admin: Q4. What problems do xHumanity solve?   Cosmin: 1. Fake news presence in news feeds  2. Unwanted ads for every user  3. Affiliation charity issues  4. Unfair rewards for users behavior 5. Centralized decision-making for application development BitMart Admin: Q5. What makes XDNA different? Why would the users choose XDNA?   Cosmin: xDNA is different in many ways from other projects. Those are the main reasons users should choose us: 1. Game of Truth implementation (AI-based) –   This is very important in trust-building. For example, one implementation of this in our project will be opinion polls. Anonymity and privacy from blockchain plus rewards from crypto will allow people to express their feelings, thoughts, and opinions more accurately regarding some subjects. We are introducing this pool into game theory and obtaining highly accurate results. (ex. election polls) 2. Advertising system oriented towards the users- The advertising system will be user-oriented. In other words, companies will be able to pay and buy higher rankings in the system. Users will choose which ads to see and for how long.  3. Direct donations to wallets- Blockchain is perfect to eliminate middlemen in financial transactions. This way the donations will arrive directly at their intended destinations. Also, Blockchain offers us tools to certify the transactions. 4. Reward users’ consensus- The reputation system is one of the pillars of our system. We chose not to reward people for just likes/dislikes or comment activities. More than that we measure the quantity and content of replies on some particular post. In the next stage, we will apply basic emotions to weigh all users’ actions in the system. 5. Decentralized system governed by users- We designed a special app based on groups instead of individuals like the current apps. This allows us to implement a faster voting system. Governance is very important for the course of the app. If the users want to transform it into a more or less financial app that will be their choice. BitMart Admin: Q6. Why choose to list on Bitmart? What is going to change and improve from this partnership?   Cosmin: Bitmart is a great exchange for startup projects, like ours. We chose it in the first place for Bitmart’s fantastic community. Being a social network we need communities like this. We intend to launch every month a campaign with Bitmart for 2021. Also, xHumanity dApp will be launched in partnership with Bitmart.   BitMart Admin: Q7. What can we expect from XDNA in the near future?   Cosmin: Today we are developing our MVP. We will show some of our concepts to the world. This month hopefully we will launch it. At the same time, we are building the first component of our ecosystem – the crypto jobs market.  The main goal is to build trust between users and between users and the system. This combined with emotions and posts (images, videos) will offer us the possibility to create true memory virtual reality for people. We develop now a full stack of DEFI services starting with staking until the borrowing system. Ll will be available this year.   BitMart Admin: Q8. Any other fun facts/interesting comments about xHumanity to add?   Cosmin: We want to provide two pieces of advice to our users: 1. Do not ever forget that easy money easily goes. Train yourself is the most certain investment you can make in your life. 2. Avoid scammers. Official offers never come on telegram or any other chat. Read the documentation of the project before investing. Search for team members and their social profiles.   [Free Q&A]   Question from a Community Member: Q1. Smart contracts are vulnerable to bugs, and Recently some DeFi projects were victims of this, costing users funds. So How safe and secure is your smart contract, and is it audited by any company?   Cosmin: Our smart contracts will be audited next month. All of them.   Question from a Community Member: Q2. Most projects start up with promises of products and/or better products but end up failing on their promises; some even focus too much on token prices that the aim of the project itself is defeated. What are the assurances that this case will be different and what advantages would an investor get in the long term?   Cosmin: Good point indeed. Our project is here to stay. We will involve a lot of people with us. We care about project development...not about the price. We will have a lot of partners and aim to be in the top 100 projects next year.   Question from a Community Member: Q3. What is the staking mechanism and how will it work with regards to inflation? How can you deal with security and Scalability? As you know security and Scalability is the big challenge in any field.   Cosmin: Inflation is not a problem for us. Because our token emission is limited to a max of 5% per year from the total amount. Security is the most important thing. Scalability is assured because we will build our app on many blockchains.   Question from a Community Member: Q4. NFT is a very hot trend now, do you pretend to catch up with this trend or still follow and focus on your original roadmap? create values, not create TREND!   Cosmin: NFT is very well on our app. Imagine that all your social activity is like a digital fingerprint. You can create your own NFT like a fantastic influencer and use it also in our DEFI system.   Question from a Community Member: Q5. I’m a developer, and I’m interested in contributing to your project alongside earning, Do you have any Bug Bounty to check for vulnerabilities?   Cosmin: We will have bug bounty of course. And also hackathons.   [About xHumanity]   xHumanity is a blockchain-powered social community developed to empower individuals and businesses to fully take advantage of social media networking. Users on the xHumanity platform can freely air their views, network with like-minded people from across the world, and associate with public figures.    [Useful Links] - Official Website: https://xhumanity.org/  - Explorer: https://etherscan.io/token/0x8e57c27761EBBd381b0f9d09Bb92CeB51a358AbB   - Twitter: https://twitter.com/xHumanity1  - Telegram: https://t.me/xHumanity  - Medium: https://medium.com/@xHumanity