There's a protocol that I feel good about called Deus.finance. It's a project like Synthetix that aims to provide a market to trade any asset for any asset. The tokens for the system, DEUS and DEA, have been skyrocketing recently because the protocol has been marketing a listing for Coinbase futures.
Now I hate Coinbase as a company. It's racist and a government stooge. I would never use the company. But will I make money from idiots using Coinbase? Absolutely.
Of course, you can't get in on any Coinbase pre-sale on the traditional finance side, but you can get in through Deus. The change to the website is set to occur in a few hours. The face of the company, Lafayette Tabor, says that you need the DEUS token to participate in the Coinbase sale, although I'm not quite sure how it will play a part. I — think — you burn Deus to mint the futures token. This provides an opportunity to get free futures tokens if you get Deus low and sell it for the futures token at a higher price.
There's a bonding curve involved. I heard Tabor say that he will make it "steep." I admit I don't know anything about bonding curves.
The "presale" will allow people to purchase Coinbase IOUs that will be traded out for wrapped Coinbase tokens when the actual Coinbase IPO price is made public. I also understand that the price of the Coinbase futures token will immediately snap to the actual price of the Coinbase IPO once the price is public. This could lead to a huge gain or a huge loss depending on how the futures token is trading. Before the price comes out, the Deus market represents pure speculation. Caveat emptor.
12/22 UPDATE: Website is up and worked flawlessly. Now we'll see if I actually make any money or not.