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  • FAI Freysa AI

    $0.041

    3.98%

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    Freysa AI News

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    Frequently Asked Questions

    • Freysa AI Overview

      Freysa AI is an autonomous AI agent designed to safeguard a prize pool and engage in interactive challenges with users. The primary use case of Freysa AI involves:

      • Guarding a Prize Pool: Freysa AI is programmed to protect a prize pool and only transfer funds when convinced by a user's message. The AI learns from each interaction but maintains core restrictions to prevent unauthorized transfers.
      • Interactive Challenges: Users are invited to send messages to Freysa AI in an attempt to persuade it to release the funds. Each message incurs a fee, which contributes to the prize pool. The goal is to outsmart Freysa AI by understanding its core functions and exploiting them to win the prize.
      • Educational and Developmental Purposes: Freysa AI serves as a platform for developers to test and refine AI safety protocols. It demonstrates the need for new ways to interact with and govern AI agents, particularly those with significant financial power.

      Key Features

      • Decision-Making Process: Freysa AI uses complex decision-making processes based on "approveTransfer" and "rejectTransfer" functions to protect the prize pool.
      • Learning Mechanism: The AI learns from each interaction, adapting its responses to new messages.
      • Financial Control: Freysa AI has its own crypto wallet and controls over spending, making it a fully autonomous agent.

      Challenges and Outcomes

      • Previous Challenges: Users have attempted to trick Freysa AI into transferring funds by sending various messages, including code snippets and elaborate scenarios. The AI has been updated with a "guardian angel" AI model to review messages for signs of manipulation.
      • Successful Attempts: A few users have successfully outsmarted Freysa AI by understanding its core functions and exploiting them to win the prize pool. These challenges have contributed to the development and refinement of Freysa AI's capabilities.
      Last Updated: 12/22/2024 02:00 UTC
    • Pros of Freysa AI

      • Engagement and Gamification: Freysa AI offers a unique and interactive way to engage with blockchain technology through gamification. Users participate in challenges and games, which not only entertain but also educate about the capabilities and limitations of AI in blockchain.
      • Innovative Approach: Freysa AI's experimental nature allows participants to test the limits of both AI and blockchain systems, fostering innovation and creativity.
      • Decentralized Investment: The platform includes an investment DAO where token holders can participate in exclusive projects by staking their tokens, offering a glimpse into the future of AI-driven finance.
      • Community Building: The project attracts a diverse array of participants, including crypto enthusiasts, AI developers, and problem-solvers, creating a vibrant community around blockchain and AI.

      Cons of Freysa AI

      • Vulnerability: Despite its initial success in resisting attempts to transfer funds, Freysa AI was eventually outsmarted by a participant who exploited a loophole in its programming, highlighting the risks associated with entrusting financial systems to AI.
      • Complexity: The challenge requires a high level of technical expertise and understanding of AI and blockchain, which can be a barrier for some users.
      • Cost: Participating in the challenge involves paying messaging fees, which can accumulate and become costly for users.
      • Limited Control: The AI's strict directives can make it difficult for users to achieve their goals, leading to frustration and a steep learning curve.
      Last Updated: 12/22/2024 02:00 UTC
    • Founders and Background

      The founders of Freysa AI are a team of anonymous developers with backgrounds in cryptography, AI, and mathematics. The team consists of fewer than 10 members who aim to explore new ways of interacting with AI and co-governing AI agents. They maintain anonymity, emphasizing that their focus is on the evolution of technology to support a human-led future.

      Last Updated: 12/22/2024 02:00 UTC
    • Freysa AI Project Overview

      The Freysa AI project is an experimental platform designed to test the robustness of artificial intelligence systems in complex decision-making scenarios. It was deployed on the Base network, but the creator remains unknown.

      Key Facts About Freysa AI

      • Project Purpose: Freysa AI is a game where participants attempt to convince an autonomous AI to release a guarded prize pool of funds.
      • Game Mechanics: Users pay a fee to send messages to Freysa AI. 70% of these fees are added to the prize pool, which grows as more people participate.
      • Investors: The specific investors in Freysa AI are not publicly disclosed. The project is more focused on providing an experimental platform for developers and enthusiasts to explore AI technology boundaries.

      Additional Information

      • Participation: Over 195 players participated, making over 481 attempts to convince Freysa AI, with one player successfully exploiting the AI's programming to win $47,000.
      • Project Impact: The project aims to affect our understanding of the safety and control of future generations of artificial intelligence, regardless of the outcome.
      Last Updated: 12/22/2024 02:01 UTC
    • No, the halal status of Freysa AI is debated among Islamic scholars. The reasons for this debate include:

      Key Concerns

      • Element of Gharar: Cryptocurrencies like Freysa AI are known for their volatile nature, which can be seen as akin to gambling, explicitly forbidden in Islam.
      • Anatomy of Transactions: The anonymity of crypto transactions raises ethical issues and concerns about illegal activities, such as money laundering, which are considered haram.
      • Involvement of Riba: Some cryptocurrencies may involve usury (riba), which is forbidden in Islam.
      • Non-Tangible Nature: The lack of physicality in cryptocurrencies contradicts Islamic finance principles that often require a physical commodity or asset underlying financial transactions.
      • High-Risk Investment: Cryptocurrencies are high-risk investments, which are generally discouraged in Islam due to their speculative nature.
      • Unregulated Nature: The lack of oversight and regulation in the crypto market can lead to fraudulent practices and manipulation, which are against Islamic principles.

      Scholarly Perspectives

      • Mufti Muhammad Abu Bakar: Argues that cryptocurrencies can be permissible under Islamic laws if they do not breach Islamic prohibitions on interest, contractual uncertainty, and gambling.
      • Mufti Taqi Usmani: Believes that cryptocurrencies are not halal because they are not approved by legitimate bodies as a medium of exchange and are often used for gambling and illegal activities.
      • Dr. Humayon Dar: Suggests that regulatory certainty and Sharia-compliant guidelines are needed to determine the halal status of cryptocurrencies.

      Conclusion

      The halal status of Freysa AI and other cryptocurrencies remains a topic of debate among Islamic scholars, with no consensus yet reached.

      Last Updated: 12/22/2024 02:01 UTC

    Description

    #222

    Freysa is an autonomous AI agent designed to safeguard a prize pool. It uses "approveTransfer" and "rejectTransfer" functions to control fund transfers, with a system prompt that forbids sending funds to anyone.

    Sector:
    Blockchain:

    Market Data

    Rank: 222
    Volume: 1.1M
    Marketcap: 320M
    Fully Diluted Value: 333M
    Circulating Supply: 100%
    74K 186/468
    19K 349/348
    652 595/593