• Pendulum
Pendulum

Pendulum

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This is a project inspired by Orb Land and developed in the ETHGlobal Superhack hackathon.

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The goal of this project is to provide an accessible platform for experts in any field to share their expertise. The idea was developed in the Chainhub Foundation's Crypto Summer Lab in 2023. Similar to the premise of Orb Land, experts would issue "pendulums" that are bought and sold according to a Harberger tax. Each pendulum is initially sold in auction, and is always for sale up until it's expiration. During a pendulum's active period, the holder has the exclusive right to pose a questions to the issuer (expert) with a frequency specified by the pendulum, and the holder is guarantied an answer. In order to continue holding a pendulum, the holder must set a price at which they are willing to sell, and they pay a percentage specified by the pendulum to continue holding and asking questions.

Importantly, pendulums are different from orbs in that pendulums have topics associated with them and generally have shorter active periods. This allows a single expert to issue many pendulums on different topics for questions.