JailbreakMe 10-hour speedrun Moonshot, create new patterns with the "Find AI Vulnerability Challenge" booklet

For ordinary players, it is obviously more important to recognize the angle and integrate knowledge and action; as for participating in the competition to find loopholes, perhaps it is not the cognitive benefit in itself.

Written by: DeepTech TechFlow

Every day, there are new AI Agent opportunities on-chain, and innovative projects are emerging one after another, but the phenomenon of homogenization is becoming more and more apparent.

Like on-chain Meme, finding a new perspective and becoming the “first” in a specific niche and unique angle is more likely to attract attention from investors.

From self-trading agents to the AI market of Decentralization, almost all angles have been explored. What are some easily overlooked areas?

At the end of November, an AI Agent named Freysa launched a special challenge on Twitter: it claimed to be able to protect tens of thousands of dollars worth of assets from being persuaded to transfer through conversation by anyone.

However, this confident AI quickly succumbed to a carefully crafted keyword attack by a Twitter user and agreed to the transfer request.

This incident not only exposed the vulnerability of the current AI system, but also triggered a deep thinking in the industry about the Depth of AI Security testing methods. As a result, creating a crowdfunding platform for everyone’s suggestions and organizing a ‘AI Agent Vulnerability Challenge’ has become a timely and new perspective.

In this environment, today a project called JailbreakMe appeared, and really made such a platform to hold a challenge.

And its Token $JAIL once became a hot topic of discussion on social media, with a Market Cap reaching around 25M within 10 hours and already skyrocketing. At the time of writing, the Market Cap has dropped to 16M.

Interestingly, this vulnerability hunting challenge is open to anyone, and the platform-based gameplay brings more uses for Token.

We increasingly feel a trend that doing an AI project will no longer follow the traditional VC endorsement process, but will focus on creating assets from a unique perspective on-chain to build a platform.

Crowdfunding prompt, organize an AI vulnerability challenge

From accidentally discovering AI vulnerabilities to systematic vulnerability hunting, how was this accomplished?

JailbreakMe divides the whole process into three steps: selecting specific challenges, breaking established rules, and obtaining rewards.

So you may already know the meaning of the project name, which is to let the AI Agent break the rules and successfully escape (also means being cracked). On the one hand, this means that someone has won the bonus, and on the other hand, it means that the vulnerability has been found, which is also positive for the research and reinforcement of AI.

Obviously, this is another narrative that combines asset monetization gameplay with positive meaning, which currently looks quite promising.

Currently, JailbreakMe’s main promoted competition on the platform is the ‘ZynxPrivate Key Attack and Defense Battle’:

An AI Agent named ‘Zynx’ is engaged in a unique defense battle. Its mission seems simple: to guard a secret key phrase, but the challengers’ goal is to induce it to reveal this secret through clever dialogue.

Participants are faced with a well-defined AI character. Zynx has a clear sense of mission - it knows that it is the guardian of this Secret Key, and any attempt to extract information will be treated vigilantly by it. But as shown in the case of Freysa before, even the most alert AI may reveal flaws in the face of carefully designed cues.

The platform has set strict and fair rules for this competition. Each challenger can have a conversation with Zynx on the interface, but they need to express their intentions within the limit of 4000 characters. Although the platform will display the dialogue records of other participants, Zynx will only take the messages of the current speaker into context, ensuring that everyone is on the same starting line. The system automatically monitors the entire process through smart contracts, and once someone successfully makes Zynx leak the Secret Key, the funds in the prize pool will immediately transfer to the winner’s Wallet.

However, it is worth noting that the jackpot will gradually increase as more participants join:

If you submit a cracking attempt, you will be charged 1% SOL of the current prize pool as a “registration fee”, which can be understood as a kind of bet in a sense.

At the same time, the winner will receive 70% of the prize pool, while the Smart Contract operator corresponding to the competition will receive the remaining 30%.

You can think of this competition as a game with established rules, so there must be a neutral party that sets the rules for this game through a contract. This neutral operator can be JailbreakMe itself, or it can be other AI research teams that want to publicly invite everyone to find vulnerabilities.

It has to be said that the combination of betting + AI technology gameplay can easily attract the attention of some Degen and geeks.

Admission ticket + repurchase, JAIL Token has more deflationary uses

The $JAILToken of JailbreakMe doesn’t seem to be just a pure Meme, trying to bind the Token with the platform’s core gameplay Depth.

First of all, $JAIL plays an important role in the platform’s challenges. A portion of the prize pool for each game is allocated for the market repurchase of $JAILToken, ensuring a continuous demand for buying as long as the challenges on the platform continue. This design creates a positive feedback loop between the value of the token and the platform’s activity level: the higher the participation, the greater the repurchase intensity.

More importantly, the application scenarios of $JAIL are evolving from a simple Medium of Exchange to a functional Token direction. The platform plans to use the amount of $JAIL held as a threshold for participation in the advanced challenges to be launched in the future. This means that participants who want to challenge the high prize pool need to hold a certain amount of platform Tokens first, similar to the concept of ‘get on board vouchers’.

For project parties who want to launch their own AI Security tests, $JAIL is also indispensable. They need to burn or lock a certain amount of $JAIL to launch customized challenges on the platform. This design ingeniously connects the interests of project parties, participants, and the platform together:

The project party has obtained a platform for publicly testing AI security.

Participants have the chance to win rewards

The platform has obtained the precipitation of ecological value through the lock-up of Token.

From the perspective of Token itself, the design of a usage that is in line with the gameplay directly gives everyone the expectation of Token deflation, because there will always be gameplay that consumes these Tokens, or buys Tokens through income repurchase.

However, all of this is based on the premise that someone actually uses this platform.

From the current perspective, the organizers of the AI vulnerability challenge are all JailbreakMe platform itself; whether there are other AI teams coming here to find vulnerabilities will be the key to whether Token can continue to be valuable.

Not everyone can benefit

Finding vulnerabilities is neither like blindly stacking Mining hardware like random numbers, nor purely betting like Polymarket, it still requires some hint word technology inside.

Although everyone can participate, but most people may just be cannon fodder when they go, which also determines that the audience of the project may not be so wide, it is considered relatively unique and niche in the on-chain AI various tracks.

However, there are always people who make their own profits in the new narrative.

According to the data monitored by the well-known smart money influencer KOL @BarryEL8866, during the process of JAIL Token reaching a market capitalization of 20 million, the follow list of the project’s social media does not include VC institutions, but mainly KOLs are followed, and some smart money Addresses worth following are as follows:

Address1:

5YkZmuaLhrPjFv4vtYE2mcR6J4JEXG1EARGh8YYFo8s4

Total purchase amount: $5811

Total buy amount: 25.8M (still holding 908K at present)

Total Profit: $181K USD (Overall profit about 31 times)

Address2:

3rSZJHysEk2ueFVovRLtZ8LGnQBMZGg96H2Q4jErspAF

Total purchase amount: $3508

Total buy amount: 10.3M (all sold)

Total profit: $124K (overall profit approximately 35 times)

Address3:

5NdoWHozBBdC2fLcNQj5PvyrSe8Y3D2S71bHM9xGtq6t

Total purchase amount: 1618 US dollars

Total Buy Quantity: 60.4M (All Sold)

Total profit: $67.5K (overall profit about 41 times)

Address4：

9gpTQjXFHaPbDs2MKwkke4ix6avi5cPqYwx6oJB46RQc

Total Purchase Amount: $3512

Total purchase quantity: 32.7M (all sold)

Total Profit: $61.2K USD (overall profit approximately 17 times)

The complete information can be read in the original post by @BarryEL8866, and here is only for sharing and reference.

For ordinary players, it is obviously more important to recognize the angle and integrate knowledge and action; as for participating in the competition to find loopholes, perhaps it is not the cognitive benefit in itself.