• 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

Transforming Web3 AdTech: ChainAware and MelosClaw's Strategic Partnership

chest

The partnership is set to transform the Web3 advertising landscape by leveraging blockchain data for better targeting.

user avatarRajesh Kumar

ChainAware and MelosClaw Enhance Web3 Advertising Execution and Scalability

chest

ChainAware and MelosClaw are enhancing Web3 advertising execution and scalability through real-time data processing capabilities.

user avatarMaria Gutierrez

StakeStone's Ecosystem Developments Provide Context for Price Rally

chest

StakeStone is building a broader ecosystem narrative that includes a neobank model and a new governance structure.

user avatarLuis Flores

ChainAware and MelosClaw Join Forces to Revolutionize AI in Web3

chest

ChainAware and MelosClaw are collaborating to improve AI functionality in the Web3 ecosystem by integrating their technologies.

user avatarDavid Robinson

Surge in Trading Volume Confirms Strong Market Participation for StakeStone

chest

Surge in trading volume for StakeStone's STO token by over 660% indicates strong market participation.

user avatarMiguel Rodriguez

StakeStone STO Price Surges to New All-Time High

chest

The price of StakeStone's STO token surged to an all-time high of 0.8427 on April 2, driven by a significant supply-demand imbalance.

user avatarArif Mukhtar

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.