• 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

21Shares Moves Custody Services from Zodia to Standard Chartered

chest

21Shares has transitioned its digital asset custody services from Zodia Custody to Standard Chartered to leverage the latter's expertise in traditional finance.

user avatarAyman Ben Youssef

Federal Reserve Governors Signal Potential Interest Rate Cut

chest

US Treasury Secretary Scott Bessent announces that Federal Reserve governors are leaning towards an interest rate cut, which could significantly impact financial markets.

user avatarSon Min-ho

Launch of OneClick Copy Trading on SuperEx

chest

SuperEx unveils OneClick Copy Trading, allowing users to replicate expert trading strategies easily.

user avatarAndrew Smith

Foldable Smartphone Market Surges as Apple Prepares to Enter

chest

The global foldable smartphone market is experiencing significant growth, with shipments increasing by 45% year over year. Apple is preparing to enter this competitive space, aiming to capture market share from established players like Huawei and Samsung.

user avatarTando Nkube

Apple Set to Launch First Foldable Smartphone by Late 2026

chest

Apple is reportedly planning to launch its first foldable smartphone, potentially named V68, in late 2026.

user avatarSatoshi Nakamura

Czech National Bank Becomes First European Central Bank to Buy Bitcoin

chest

Czech National Bank becomes the first European central bank to purchase Bitcoin directly, investing 1 million into BTC and USD-pegged stablecoins.

user avatarNguyen Van Long

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.