• 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

Oracle's Financial Metrics Show Strength Amid Cash Flow Concerns

chest

Oracle's financial fundamentals indicate profitability, but cash flow issues raise concerns for investors.

user avatarArif Mukhtar

Oracle's Stock Faces Critical Analysis Amid AI Infrastructure Bets

chest

Oracle Corporation's stock has dropped significantly, leading to divided opinions among analysts regarding its future. The stock is down approximately 40% from recent highs, with analysts providing varying price targets ranging from $175 to $430.

user avatarLuis Flores

DASH Shows Signs of Potential Trend Reversal

chest

Crypto analyst Crypto Patel highlights a significant shift in DASH's price structure, indicating a possible bullish reversal.

user avatarDavid Robinson

TAP Tokenomics Designed for Long-Term Growth

chest

The TAP token employs a deflationary mechanism linked to platform revenue, ensuring sustained value.

user avatarMaria Gutierrez

Turing Certs Revolutionizes Digital Credential Verification

chest

Turing Certs is transforming digital credential verification by providing secure issuance, management, and verification of digital identities, reducing verification time by up to 80% and costs by up to 50%.

user avatarAndrew Smith

Turing Space Joins IOTA Business Innovation Program to Enhance Digital Identity Solutions

chest

Turing Space has joined the IOTA Business Innovation Program to develop scalable digital identity solutions using IOTA's public infrastructure.

user avatarJacob Williams

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.