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Ballast Study VII

Renko Adeyemi · Oil on marine ply · 2025

Ballast Study VII by Renko Adeyemi, Oil on marine ply, 2025PLATE 2277

Seventh of nine panels painted from inside a ballast tank during a two-week refit. The other eight are held by the yard.

posted by 0xb8cf…7e17

What happens when the load line is hit

  1. 1The 1/1 mints into a vault. It is not sold; it backs the bridge.
  2. 2The raised ETH launches the token on the Pons curve and the LP locks.
  3. 3Supply distributes: 75% pro-rata to backers, 15% to locked liquidity, 10% to the creator.
  4. 4The span opens. Seven floats, empty. The first bond takes rank 1 and the whole toll until someone displaces it.

All of it in one transaction. Miss the load line and none of it happens — every section is refunded in full and the artwork never mints.

Load line8.00 ETH
Laid
5.92 ETH
Filled
74%
Still to load
2.08 ETH
Sections
38
Closes
ETH

Backers take 75% of supply pro-rata when the load line is hit.

Withdrawable in full until the deadline. If the load line is missed every section is refunded and the artwork never mints.