S3E23: Can You Price Carbon with Crypto?—w/ Chris Burniske of Placeholder VC
Reversing Climate Change
00:00
Using an Automated Market Maker to Reduce Volatility
The point of the Nori fungible token is to create a depthful market. It might directionally go up over time if there is increased demand for carbon over time. You could also say, hey, I think that the cost to sequester carbon over time is going to outpace the demand for carbonover time. And so maybe the Nori token should go down in price over time. Maybe that's it. Yeah.
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