
Episode 417
Eric Wall on Eric's Orb (EP.417)
On The Brink with Castle Island · Castle Island Ventures
April 17, 20231h 15m
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Show Notes
Eric Wall is a cryptocurrency researcher, analyst, critic, and investor. In this episode we sit down to discuss the creation and premise of his new project, the Orb.
- What is the orb?
- How did the orb come about?
- How to bet on the human capital and reputational growth of individuals
- Why previous social tokens failed
- What does the orb entitle you to?
- Why the orb is not a security
- Harberger taxes and their implementations so far
- How harberger taxes create better allocative efficiency
- Harberger taxes and domain names
- The problem with social tokens as a way to invest in people
- Why an obligation to a single holder is better than one to many holders
- Eric's feud with the Hex community and how the rb could solve this
- Possible orb failure modes
- Possible AI issues with the orb
- Why orb issuers have an incentive to provide value to holders
- The possible role of orbs in venture capital
- How the orb could disrupt expert networks
- How to parameterize the orb
- The significance of the orb animations
Further reading: