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 such as oil, gold, stocks, and others, which are then filtered by AI models to select the most likely profitable strategies; the company then uses its own funds to execute related trades. If the trades succeed, half of the profits are shared with users who provided effective signals. The report states that Gruhn previously worked at FTX Europe and claims that during his time there, he saw many traders lose money due to high-risk bets. Now, he hopes to reshape trading incentives through a model where users participate with zero capital and the company bears the financial risk.