The problem Harbergernator solves

Currently there is no easy way to create an NFT under the Harberger tax (named for Arnold Harberger). This is especially relevant for creators, who are often drawn to NFTs under the false impression that they make it possible to earn royalties. In reality, implementing royalties on standard NFTs is impossible to enforce. However the Harberger tax changes this. Under the Harberger tax, creators can earn a constant stream of value from the NFT's owner forever, proportional to its true value, no matter how often it is transferred or who owns it.

Once an NFT is Harbergernated, anyone can buy it immediately. To prevent other people from buying it, owners can set a high price. However, since a higher price means higher taxes, there is a natural limit to this self-assessed price.

In addition to its use as a tool for enforcing creator royalties on NFTs, the Harberger tax is theorized to encourage fair property prices and a revenue source for funding public goods. Because of this, the Harbergernator can help facilitate experiments utilizing the Harberger tax for public goods and similar things like a social dividend.