• 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

NEAR Protocol Thrives with Cross-Chain AI Capabilities

chest

NEAR Protocol is gaining traction with its cross-chain AI system and a large active user base.

user avatarLucas Weissmann

SAND Experiences Significant Volume Surge

chest

SAND's trading volume surged to approximately 222.7 million, reflecting strong market participation and demand-driven price appreciation.

user avatarFilippo Romano

SAND Confirms Support Flip After Downtrend

chest

SAND has shown signs of an improving market structure after a prolonged downtrend, with increased trading volume supporting price gains.

user avatarEmily Carter

Anonymous Trader Achieves 701 Million in Unrealized Gains from ETH and HYPE Shorts

chest

An anonymous trader increased short positions in ETH and HYPE, realizing significant unrealized profits of 701 million within just one hour.

user avatarKaterina Papadopoulou

Canaan Inc's Stock Performance Declines Amid Industry Shift

chest

Canaan Inc's shares have dropped 63% over the past year as many crypto mining companies have shifted their focus to providing computing power for artificial intelligence.

user avatarKaterina Papadopoulou

Canaan Inc Faces Nasdaq Delisting Warning

chest

Canaan Inc has received a warning from Nasdaq to increase its share price within 180 days or face delisting.

user avatarTomas Novak

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.