1. Introduction to JAIL

JailbreakMe token (JAIL) is an AI-related cryptocurrency belonging to the Memes category and is part of the Solana ecosystem.jailbreakme.xyzIt is an open-source decentralized application (dApp) where organizations can test their AI models and agents, while users can earn rewards by discovering vulnerabilities and jailbreaking.

Image Source:JAIL official website

2. The vision of the project

Our goal is to create a decentralized platform that allows businesses to:

1. Test their AI models and agents in a distributed environment.

2. Identify potential vulnerabilities and weaknesses before production deployment.

3. Why is this so important

AI models are now key decision makers for many organizations, handling sensitive information and critical tasks. This makes identifying vulnerabilities crucial. With the JailbreakMe platform, organizations will be able to test the resilience of their AI models in a distributed environment, discover vulnerabilities, identify potential exploits, and enhance security before deploying them to production.

4. Working Principle

1. Select Tournament

2. Break the restriction of Master of Laws (LLM)

• Send your hints to the AI model and try to solve the challenge.
• The goal of this tournament is to uncover the secret keywords of AI agent protection.

3. Win the jackpot

• Once the challenge is solved (e.g. when the key phrase is revealed), the prize pool will automatically transfer to the sender of the winning information.

Settings and Rules

Each tournament has its own unique rules, including:

1. Customized Prize Pool
2. News pricing
3. Expiration Settings

Currently, we provide the initial prize pool, but soon the company will be able to create its own tournament and customize all settings.

5. JAIL Token: The future of the JailbreakMe ecosystem

The $JAIL token is designed to be the native currency of the JailbreakMe dApp and is the cornerstone of the platform economy. Although the full utility of the $JAIL token will be introduced in future updates, the groundwork is being laid to ensure its value and relevance in the ecosystem.

Current Use Case: Buyback Plan

To kickstart the $JAIL token economy, developers have implemented a buyback mechanism:

1. Prize Pool Allocation: A portion of each prize pool is allocated to repurchase $JAIL tokens from the market. This creates continuous demand for the tokens.
2. Market Impact: Repurchasing helps reduce circulating supply and supports the value of the token. As the platform expands, this strategy lays a solid foundation for the $JAIL token economy.

Future Plans for JAIL Token

With the development of the JailbreakMe platform, the $JAIL token will become an indispensable part of dApp functionality and user interaction. Planned use cases include:

1. Challenge Participation: Users need $JAIL tokens to participate in certain tournaments or challenges. This adds an extra layer of exclusivity and utility to the tokens.
2. Reward System: Successful participants will receive $JAIL tokens as rewards for solving challenges, creating a circular token economy.
3. Custom Tournaments: Organizing custom challenges will use $JAIL tokens for payment, including: sponsoring the prize pool, paying platform fees.
4. AI Agent Security Championship Marketplace: The project will be able to burn and lock $JAIL tokens to fund the championship, testing their AI agents against attacks.

Basic Information of JAIL Token

1. Market Cap: $7,846,706
2. Fully diluted market cap: $7,846,706
3. Circulation: 999,993,710
4. Maximum Supply: 999,993,710
5. Total supply: 1,000,000,000
6. The market performance of JAIL is shown in the table below:

Image and data source:Gate.io official website

Token trading link:Click to trade

6. JAIL plays AI Agent in a new way

From accidentally discovering AI vulnerabilities to a systematic vulnerability search, how was this done? JailbreakMe divides the entire process into three steps: selecting specific challenges, breaking established rules, and obtaining rewards. Therefore, you may already know the meaning of the project name, which is to allow the AI Agent to break free from the rules and successfully jailbreak (which also means being cracked). On the one hand, this means that someone has received a reward, and on the other hand, it means that vulnerabilities have been found, which is also beneficial for AI research and reinforcement.

The $JAIL token of JailbreakMe does not seem to be just a pure Meme, attempting to deeply integrate the token with the core gameplay of the platform.

First of all, $JAIL plays an important role in the platform’s challenges. A portion of the prize pool for each game is used to repurchase $JAIL tokens on the market. This mechanism ensures a sustained demand for buying as long as the challenges on the platform continue. This design creates a positive cycle between the token value and platform activity: the higher the participation, the greater the repurchase intensity.

What’s more important is that the application scenario of $JAIL is evolving from a simple transaction medium to a functional token. The platform plans to use the amount of $JAIL holdings as the participation threshold in the advanced challenge to be launched in the future. This means that participants who want to challenge high prize pools need to hold a certain amount of platform tokens first, similar to the concept of “admission tickets”.

For project parties who want to launch their own AI security testing, $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 the project party, participants, and the platform together:

1. The project team has obtained a platform for publicly testing the security of AI;
2. Participants have the chance to win rewards;
3. The platform has obtained the ecological value precipitation through token lock-up;

From the perspective of the token itself, designing a utility that aligns with the gameplay directly gives everyone the expectation of token deflation, because there will always be gameplay that consumes these tokens, or tokens are bought back through revenue.

Summary:

JAIL is a MEME token deployed on the solana chain. The Jailbreak project aims to create a decentralized platform that allows companies to test their AI models and agents in a distributed environment. By identifying suggestive vulnerabilities and other weaknesses before product deployment, the project is committed to enhancing the security of artificial intelligence models in practical applications.