• 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

Revised Editorial Standards Seek to Improve Reporting Quality.

chest

A new editorial policy has been established to ensure accuracy, relevance, and impartiality in reporting.

user avatarElias Mukuru

Core Scientific Shifts Focus from Bitcoin Mining to AI Data Centers

chest

Core Scientific plans to raise $33 billion through senior secured notes as it transitions from Bitcoin mining to AI data centers.

user avatarDiego Alvarez

Umbra Crypto Protocol Takes Its Front End Offline Amidst Legal Concerns

chest

Umbra Crypto Protocol has taken its hosted website offline to prevent further misuse of its platform for moving stolen funds.

user avatarKenji Takahashi

TRX Price Tests Multi-Month Resistance Amid Uptrend

chest

TRX is testing a significant resistance level while maintaining an uptrend structure.

user avatarRajesh Kumar

TRON Integrates with LIFI to Enhance DeFi Accessibility

chest

TRON has integrated with LIFI, allowing seamless access to its liquidity for DeFi applications.

user avatarGustavo Mendoza

Analysts Split on Ethereum's Future Amid Recent Price Surge

chest

Analysts provide differing perspectives on Ethereum's price surge and its implications for future performance.

user avatarMiguel Rodriguez

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.