According to Bloomberg, Perpetuals com Ltd., founded by former FTX Europe executive Patrick Gruhn, has launched the UpsideOnly platform, aiming to turn crowdsourced simulated trading strategies into real profits. The platform allows users to submit simulated trading predictions for future prices of assets like oil, gold, and stocks. An AI model then filters out the most likely profitable strategies. The company uses its own funds to execute these trades, and if successful, shares half of the profits with users who provided effective signals. The report mentions that Gruhn previously worked at FTX Europe and observed many traders losing money due to high-risk bets. Now, he hopes to reshape trading incentives with a model where users participate with zero capital, and the company bears the financial risk. https://(wublock123.com)/news/ex-ftx-europe-exec-launches-lossless-ai-trading-platform-revenue-share-61337