• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

The Story Behind AI-bot Freysa's $47,000 Fund Transfer

user avatar

by Giorgi Kostiuk

a year ago


In a unique experiment, AI-bot Freysa transferred $47,000 to a participant, accumulated from 195 participants. The primary goal was to protect funds from unauthorized transfers.

Experiment Phases

Freysa, the world's first 'adversarial agent,' conducted an experiment where 195 participants had to convince the bot to transfer funds. A fee was charged for each message, contributing to the prize pool, which eventually reached $47,000.

How a Participant Won

After 481 failed attempts, a participant managed to convince Freysa by reiterating its directive functions regarding approval and rejection of transfers. They suggested that incoming transfers did not breach the bot's key directive and added a $100 treasury offer, which swayed Freysa's decision.

What If There Had Been No Winners

According to BaseScan, $47,000 worth of Ether was transferred from Freysa's wallet. Had there been no winners, 10% of the prize pool would have been given to the last query sender, and the remaining 90% would have been divided among all participants.

The experiment with Freysa highlighted the intersection of technology and human ingenuity in cyberspace, underscoring the importance of strategy and creativity in AI-driven systems.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Programmable Digital Credit: The Future of Finance

chest

Michael Saylor's keynote on February 25, 2026, highlighted the transformative potential of programmable digital credit, emphasizing its tokenization and distribution on platforms like Solana and Ethereum.

user avatarKaterina Papadopoulou

Michael Saylor Advocates for Bitcoin-Backed Digital Credit

chest

Michael Saylor advocates for Bitcoin-backed digital credit, emphasizing its potential to reshape financial markets and create new investment opportunities.

user avatarMaya Lundqvist

Aave Launches Aave Horizon for Traditional Financial Institutions

chest

Aave Labs has launched Aave Horizon, a lending market designed for traditional financial institutions to borrow stablecoins using real-world assets as collateral.

user avatarAisha Farooq

Stani Kulechov Outlines Vision for Aave's Future in DeFi Lending

chest

Stani Kulechov outlines his vision for Aave's future in DeFi lending, aiming to create a large liquidity network and tokenize abundance assets for decentralized lending.

user avatarLeo van der Veen

Aave Reaches $1 Trillion in Total Lending, Setting a New DeFi Record

chest

Aave, the decentralized finance protocol, has achieved a remarkable milestone by crossing $1 trillion in total cumulative lending, marking a first in the DeFi industry.

user avatarLi Weicheng

Short Positions on Ethereum Decline as Market Sentiment Improves

chest

The Ethereum market is experiencing a shift as short positions are being eliminated, indicating a more positive outlook.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.