That design just takes me back. Remember the Ghost Rider villain, the Orb with that look?
Heard it was an homage to Grass Green and Biljo White's Eye character! Here's Grass' original concept sketch:
But wait, there's more:
these guys (80's alternative band, the Residents)
reportedly modeled their look after the same crimebusting, fan-made character.
Here's his book from the mid-sixties:
Grass Green created the first sketch of the character and Biljo White brought noir and mystery to the character and made it live.