01 Statement
A taxed token pointed at $BALANCE
$BALANCED trades on Pons, Robinhood Chain. Each trade pays a 10% tax. Six percent of that tax buys $BALANCE on Ethereum. Three percent buys $BALANCED back. One percent funds operations and marketing.
Community project. Unaffiliated with Jack Butcher, Visualize Value, Credits, and Balance.
02 Registration
SEED BALANCE-STRATEGY-UNSET
Released
1 POINT = 1 $BALANCE
- STATUS
- LOCKED
- ARTWORK
- REMAINS
- STATEMENT
- NON-TRANSFERABLE
- WALLET
- ERC-721 STAYS, INCLUDING AT ZERO
| LAYER | BITS ON | HEX |
|---|---|---|
| C | 28 | 3316f402aa1b9433 |
| M | 27 | 1b5989c64450aa69 |
| Y | 26 | 07b86a4aad60a40c |
| K | 30 | 5e53150bd3a14a65 |
- C 64 BITS
- M 64 BITS
- Y 64 BITS
- K 64 BITS
Four 8×8 grids from one SHA-256. Cyan, magenta, yellow, black. Overprint plates in Consolidated are a rotation and an inversion of those bits: a diagram of stacking, not a Statement.
Summed rating
A Statement’s rating is the sum of the ratings of the Credits burned into it, rounded down. Overprints add ink, rating, and history. At seven overprints the paper stays black.
03 Stack
Credits are burned into Statements. A Statement can be locked to release $BALANCE. The path runs one way.
| STEP | OBJECT | RULE |
|---|---|---|
| 01 | CREDIT | 122,154 works from $8 payments. Each transaction id becomes four 8×8 grids. Rating 80–800. |
| 02 | STATEMENT | Burn 80 Credits. Rating is the sum, rounded down. Cap 1,526. Overprint up to 7, then the paper stays black. |
| 03 | BALANCE | Lock to release 1 point as 1 token. About 53,752,386 at most. The wallet artwork stays, including at zero. |
04 Machine
Ten percent of each $BALANCED trade is collected and split on the receipt below.
| LINE | SHARE | USE |
|---|---|---|
| TOTAL | 10% | Collected on each $BALANCED trade |
| ACQUIRE | 6% | Buy $BALANCE on Ethereum |
| BUYBACK | 3% | Buy $BALANCED |
| OPERATIONS | 1% | Operations and marketing |
05 Acquisition
The six percent buys the cheapest $BALANCE.
That spend uses the public market on Ethereum, and the rating path when Credits or Statements are the cheaper source of points. Locking releases points at one token each. Burning Credits is permanent. A locked Statement leaves circulation as a transferable NFT and remains as artwork.
| MOVE | EFFECT |
|---|---|
| $BALANCE HIGHER | Can raise demand for Credits, the material for Statements and for releasing more tokens. |
| $BALANCE LOWER | Mainly reduces demand for burning. |
| REVERSE | Tokens do not convert back into Credits or Statements. |
- TRAITS
- PALETTE, BITS, CELLS, EIGHTS ×2, PRINT
- EIGHTS
- DOUBLE WEIGHT IN THE RATING
- PATH
- CREDIT → STATEMENT → BALANCE
06 Ledger
| FIELD | VALUE | WHERE |
|---|---|---|
| $BALANCED | UNSET | Robinhood Chain · Pons |
| $BALANCE | UNSET | Ethereum |
| TREASURY | UNSET | Accumulation wallet |
| BUY | UNSET | Pons |
| X | UNSET | Social |