• 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

Bitget Broadens Tokenized Traditional Assets on BNB Chain.

chest

Bitget launched 98 tokenized US stocks and ETFs on BNB Chain, allowing users to trade traditional assets alongside cryptocurrencies.

user avatarLuis Flores

Bera Builds Businesses Initiative Aims at Revenue-Generating Solutions.

chest

Berachain's Bera Builds Businesses initiative aims to support 35 applications with revenue potential.

user avatarArif Mukhtar

Future Technical Enhancements for Berachain in 2026.

chest

Berachain's roadmap for 2026 includes key technical upgrades aimed at improving protocol efficiency.

user avatarMaria Gutierrez

The Need for a Pivoting Culture in Africa

chest

David Chima advocates for normalizing pivots in the African startup ecosystem, emphasizing that they should be seen as a sign of strength rather than failure.

user avatarAndrew Smith

The Importance of Pivots in African E-commerce

chest

David Chima discusses the psychological challenges of pivoting in the African tech scene, emphasizing the stigma of failure and the necessity of adapting for success.

user avatarJacob Williams

Successful Pivots: Case Studies from African Startups

chest

Chima shares examples of successful pivots in African startups, such as Flutterwave transitioning from a consumer remittance app to a payments infrastructure company, and Paystack shifting focus from banks to developers.

user avatarDavid Robinson

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.