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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
- 1The 1/1 mints into a vault. It is not sold; it backs the bridge.
- 2The raised ETH launches the token on the Pons curve and the LP locks.
- 3Supply distributes: 75% pro-rata to backers, 15% to locked liquidity, 10% to the creator.
- 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.