Former FTX Executive Launches "No-Loss" AI Trading Platform UpsideOnly

Odaily Planet Daily News: Former FTX European business executive Patrick Gruhn has launched the "no-loss" AI trading platform UpsideOnly. The platform transforms crowdsourced simulated trading strategies into shared real capital profits, executing trades using only company funds.

Investors conduct simulated trading by predicting the future prices of assets such as oil, gold, and stocks. The platform's AI model then selects the predictions most likely to generate profits. The company uses its own capital to trade based on these predictions and, upon success, shares half of the profits with the traders who created the profitable signals. (Bloomberg)