Former FTX Guys Launch Unholy Combination of AI and Prediction Markets Promising No Losses
UpsideOnly is a new AI-powered trading platform that allows users to engage in simulated trades without risking real money. The platform collects data from these trades to improve its AI model, which makes actual trading decisions. Users can earn rewards based on their insights, but the system is designed to ensure that no one loses money.
- ▪UpsideOnly is a fake trading platform where users trade stocks, cryptocurrencies, and commodities without real financial risk.
- ▪The AI model, BayesShield AI, uses data from user interactions to inform its trading decisions.
- ▪Users can deposit between $1 and $500 to potentially earn rewards based on their contributions to the platform.
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| Original publisher | Gizmodo |
| Canonical URL | https://gizmodo.com/former-ftx-guys-launch-unholy-combination-of-ai-and-prediction-markets-that-promises-no-losses-2000760975 |
| Publication time | Thu, 21 May 2026 09:00:23 +0000 |
| Retrieval time | 2026-05-21T09:06:10.451Z |
| Last seen | 2026-05-21T09:06:10.451Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | CDnGOy9HA3Aq |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
What if you could make trades on the global financial markets and never lose money? That’s the pitch of UpsideOnly, a new AI-powered trading platform from Perpetuals.com. While the idea is obviously compelling, there is a big catch. UpsideOnly exists as a kind of fake trading platform where human users trade stocks, cryptocurrencies, and commodities. The idea is that by engaging in these fake trades, humans are providing data to the company’s AI model, BayesShield AI, which then adds that information to what it already has by observing markets and its training data of historical…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Gizmodo.
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