Let Me Out Productions, LLC (LMO), based in Sacramento, California, is a pioneering Professional Resource Collective that focuses on developing and producing collaborative, cinematic storytelling experiences for audiences worldwide. By utilizing our unique Scalable Intellectual Property Puzzle (SIPP) model, we efficiently manage ownership and distribution rights, share project success with our collaborators, and support the initiatives of the collective, all within a meritocratic ecosystem built on blockchain technology.
Originally established in 2007, Let Me Out Productions was inspired by friendship and founded with a mission to redefine creator equity in film and television production, ensuring that every individual involved in a collective work shares in the perpetual market success generated by their specific efforts.
Between December of 2020 and February of 2021, LMO transitioned from existing as a support studio to using non-fungible token (NFT) technology to scale our own intellectual properties with community collaboration. In doing so, Let Me Out Productions established six (6) historical use-cases for non-fungible tokens as open-source, becoming the first film production using the blockchain to translate labor into property.
As some of the original pioneers in the web3 film and television production landscape, Let Me Out Productions continues to lead the way in creating sustainable and innovative approaches to collaborative content creation and distribution.
Authenticity Upheld. Opportunity Uplifted.
Scalable Intellectual Property Puzzles on The LMO Structure for Tokenomics
Our Founding Team
What is a "Blockchain"?
A blockchain is a digital ledger that securely records transactions and data in a decentralized manner. For lack of a better term, it's a notary service with programmable information.
It consists of a chain of blocks, each containing a group of validated transactions or data. These blocks are linked together using complex cryptographic techniques, making it nearly impossible to alter any information once it's added to the chain.
The decentralized nature of a blockchain means that it's not controlled by a single entity or organization. Instead, it's maintained by a network of impartial witnesses using their computers to work together to validate new transactions and add them to the chain. This structure ensures transparency, security, and trust, as no single party can manipulate the data.
Blockchain technology is the backbone of cryptocurrencies like Bitcoin and Ethereum, but its potential applications extend far beyond digital currencies. It has the power to revolutionize industries such as finance, supply chain management, and even voting systems, by providing a secure and transparent way to store and share information.
Anybody can review any transactional record on any decentralized Blockchain.
What is "CryptoCurrency"?
Cryptocurrency is a digital form of currency that uses cryptography for secure transfers of financial value and custody. It operates as a decentralized financial transfer protocol, allowing users to send and receive financial value directly without relying on traditional intermediaries like banks. Cryptocurrencies leverage blockchain technology (see above) to maintain a transparent and tamper-proof record of all transactions, ensuring trust and security in the network.
The value of a cryptocurrency is closely tied to the minute-to-minute use-rate by the communities using each individual network. As more people adopt and actively use a particular cryptocurrency for transactions, its demand and technically-measured value tend to increase. This dynamic value proposition is influenced by the size and activity of the user base, as well as the utility and benefits offered by the specific cryptocurrency.
It's important to note that cryptocurrency is a community tool, not an investment. Its main purpose is to serve as a collaborative and decentralized means of transferring value and conducting transactions. While some people may view and use it as an investment, its core function is to enable secure, transparent, and efficient digital financial transactions between users across the globe.
The financial value of most cryptocurrency is the active measurement of the community demand of the network. Only stake financial value in cryptocurrencies and blockchains that provide a service you believe in and are willing to support.
What is an "NFT"?
A non-fungible token (NFT) is a unique digital asset that represents ownership or proof of authenticity for a specific item or piece of content. It can be thought of as a data point with a serial number, fixed in time and transacted through custody. Unlike cryptocurrencies, which are interchangeable and have equal value (fungible), each NFT has distinct properties and cannot be directly exchanged on a one-to-one basis with another NFT.
NFTs are built on blockchain technology, which ensures the security, transparency, and provenance of the digital assets they represent. This allows creators to mint and sell digital art, collectibles, music, or any other form of digital content as NFTs, while buyers can own and trade these unique tokens as a way of showcasing their collections or supporting their favorite artists and creators.
The value prospect of an NFT is tied to the collaborative experience associated with the digital asset it represents, rather than any inherent financial value. NFTs should not be considered traditional investments, as their worth is subjective and depends on factors such as rarity, demand, and the significance of the underlying asset within a community or collector's circle. Their primary purpose is to enable ownership and exchange of unique digital assets in a secure and verifiable manner.
What is the "Company Ownership Token" of Let Me Out Productions?
The Company Ownership Token of Let Me Out Productions is a unique non-fungible token (NFT) that is a piece to the Scalable Intellectual Property Puzzle that Let Me Out Productions has been defined as through a Deed of Partnership. By holding this token, individuals gain access to over twelve (12) collaborative experiences, services, and rights (perks) within the Let Me Out Productions ecosystem. It is designed to empower creators by providing thorough development resources, offering live support, fostering collaboration, and sharing the success of projects produced by LMO as the primary house through community launchpads.
The Company Ownership Token IS NOT an investment into Let Me Out Productions, LLC — the intellectual property known an defined as "Let Me Out Productions" only exists as a puzzle with 500,000 pieces. 80,000 of those pieces are scheduled for release to consumer collaborators on a Chronological Growth Curve to provide our members with value assurance.
The Company Ownership Token is also known as a Lifetime Studio Pass to the collaborative experience and participation within the Let Me Out Productions community. Part-Owners of Let Me Out Productions can develop their ideas as fully sovereign creatives, engage in the projects of other members, and help shape the direction of the intellectual property wrapping the company, the studio, the Top Brass DAO, and all of our primary-produced projects. The more part-owners commit to the puzzle, participate, and contribute, the more valuable their experience within the collective becomes.
It's essential to understand that the Company Ownership Token is not, in any form, format, shape, or facet, a financial investment with a guaranteed return. Its primary purpose is to facilitate collaboration, creative exploration, and the development of intellectual property within the Let Me Out Productions collective.
The token's market value is derived from the unique opportunities and experiences it offers to its holders, rather than any inherent financial worth based on the performance of the company.
How is that different from exchanging securities in the USA?
The Company Ownership Token is not a security because it is not a traditional financial investment that carries the expectation of profit solely from the efforts of others. Securities are typically financial instruments, such as stocks or bonds, that offer a return on investment based on the performance of an underlying asset or the work of a third party.
In contrast, each individual Company Ownership Token is a non-fungible token (NFT) that functions as a lifetime studio pass with unique art, offering holders the opportunity to participate in contribute to the Let Me Out Productions community with a piece of the puzzle — everything they do is backed by commitment-based equity in the experience. Each token is a potential storyworld seed — the title and art are meant to inspire a starting point for creative collaboration and exploration within the platform.
The primary purpose of the Company Ownership Token is to facilitate the development of intellectual property within the Let Me Out Productions community. The token's value is derived from the unique opportunities and experiences it offers to its holders, and only has financial worth if the user agrees to exchange the value listed for the experience the collective offers.
As such, it does not meet the criteria for being classified as a security, and it should not be considered a financial investment with a guaranteed return.
What is the "Top Brass DAO"?
The Top Brass DAO runs the Ministry of Audience Experience for Let Me Out Productions, and is solely made-up of each and every puzzle piece owner in any experience, service, or merchandise offerings we produce.
"In honor of intended legacy, I'm a Griot. A "griot" is an oral historian - a keeper of tradition and culture, responsible for contributing to the growth and preservation of authentic storytelling. I strive to represent an appreciation for the world of Linguistics through art and writing.
"I'm a visual storyteller. I'm specialized and experienced in digital media production on small and large scales. I'm a photojournalist (specialized on capturing bodies in motion), a film producer, a video editor, a graphic designer, a web developer, and a writer.
"Above all else, I am a Linguist. I research human communication theory, and my media endeavors contribute to my purpose in that field of thought.
My official position is that pattern recognition is the fulcrum of the concept of human "sentience." It is not a uniquely human trait, which is the argument behind our established a self-view of divinity. That's a harmful perspective. It isolates ourselves from possible truths that exist outside of our individually observable paradigms. Elements of pattern recognition sponsor our communication strategies. Language is one of those primary strategies.
Language is a unique strategy in that it's reliance on pattern recognition to exist is subsidized by another concept - empathy. You are not “reading” what I’m writing. You’re interacting with me, what I’m intending to communicate, and whatever glimpses of my internal paradigm that I’m able to paint.
By ‘reading” this, you are extracting clarity from a series of tiny symbols that I am placing in a deliberate sequence. You do that from a desire to understand me. Your interest in my offerings, your choice to read this, your action in processing these words... You make this collaborative! I’m using intention. You’re using empathy. It’s a structure that relies on these patterns of symbols to work. This counters the widely accepted theory that language is innate to the human animal, This theory (posited by Darwin, codified by Chomsky, expanded on by Pinker) is flawed. Empathy is innate. Pattern recognition is so innate, it produces the chaotic notion of limited perspective. Language is the result.
We are a hive mind because of this constant agreement! If we share in the wonder of this marvelous symbiosis, we're going to work well together.
Let this inspire a conversation! Let's work together to expand this messaging. If you're reading this, I'm glad you exist!"
~ Kimani Okearah
What is "Press Pass"?
Press Pass (Season One) is the flagship Scalable Intellectual Property Puzzle LMO is producing into a 24-episode television show in Sacramento, California.
Mr. Okearah has been developing a wide storyworld of rich characters for over five years and counting, a fictional universe based on his experiences working as a photojournalist in the highest levels of sports media in the United States. He's expanded that world into a role-played LoreGame experience for a community to produce the official canon for the show.
"Press Pass'' is a workplace sitcom that follows personalities in the Sacramento sports media circuit surrounding the city's only professional team.
Season 1 follows people at various walks of life and positions of importance in the circuit as they navigate the most dramatic stories in sports media.
Incidentally, it's the first television show in history with minted non-fungible tokens — May 19th, 2021 — and the first television show offering collectible ownership to their audience via a scalable intellectual property puzzle.
Like the Let Me Out Productions overall intellectual property, Press Pass (Season One) has been defined as and only exists as a puzzle with 5,309,160 pieces.