Thread by @theKimansta

Everybody following me should collect a Company Ownership Token!!!

I'm pretty sure I've accidentally made history by assigning ownership to my company @LMOPro to non-fungible token IDs in the Deed of Partnership, making the ownership collectable across from pieces of art.

@LMOPro The ownership assignments don't provide any explicit future flow of wealth, but they do guarantee access to collaborate with @LMOPro through @TopBrassDAO membership.

The art is also cool.

We have a maximum of 200 available at any given time until all 80,000 have been released.

They also provide the right to identify, with full authenticity, as a "part owner of Let Me Out Productions" and "part of the Top Brass that runs Let Me Out Productions."

We'll help develop your story ideas into production-ready assets built on the LMO Structure for Tokenomics.

Company Ownership Tokens provide access to Equity-Backed Collaboration in @LMOPro through the @TopBrassDAO.

Perk 1 - Development:
If you want to build a production on the LMO Structure, you're able to work with our Producers to develop your highest ambitions from idea to asset!

Perk 2 - Pitch Access:

If your property is built on the LMO Structure for Tokenomics, you'll be the only folks able to pitch to @LMOPro for our production resources and launchpads, starting at $250k, contingent on the wrap and distribution of @LMO_PressPass Season One.

Perk 3 - No Bullshit:

If we help you develop an idea into an asset, you own that asset in full.

If you pitch that asset to @LMOPro and it's onboarded for production, we'll take 35% ownership of the asset, and nothing from your franchise, which will be established separately.

Perk 3 - No Bullshit, continued:

You don't have to let us know who you are.

There's no walled garden, asking for your ID and address.

Just you, your tokens, and @LMOPro.

The @TopBrassDAO pays in viable cryptocurrencies everybody uses and keeps voting simple in weighted tiers.

Perk 3 - No Bullshit, continued:

There's no forms you have to fill out.

No community governance, approving your idea for development.

You collect one of these, you have specific rights as the holder of an ownership-assigned collectible.

Kinda like the Egg in Ready Player One.

Perk 3 - No Bullshit, continued:

It's just you.

Enjoying two meetings a month, at three hours max, with a Creative Producer you'd like to work with who also likes your premise.

However long it takes, however long you hold the token. Two months? Two years? Let's do it.

Perk 3 - No Bullshit, continued:

It's just a piece of art, minted to the decentralized Seaport Contract on OpenSea.

The token IDs have been assigned ownership percentages in a separate Deed of Partnership, which has been designed for full compliance.

Some are ugly.

Some are quite beautiful and fun to stare at.

The logo?

That's us. The collective.

Literally a collective, because you collect your way in.

We minted the first one on March 24th, 2021 at 9:09 PM, making us one of the first production collectives on the blockchain in history.

Perk 5 - Each token ID has been assigned 0.0002% ownership in the Deed of Partnership to Let Me Out Productions.

The token itself is art.

The digital anchor point for the art has a pre-defined, guaranteed, and optional collaborator relationship with @LMOPro, backed by equity.

Perk 6 - Make History

By collecting the token, you're endorsing the LMO Structure for Tokenomics on the blockchain with your individual self, your platform, or your DAO.

If you want expanded access to collaboration, collect at least seven (7) of these beautiful squares.

Perk 6 - Make History

I figured out a way to distribute fractional ownership in collective works without violating any laws.

Assign the ownership to token IDs on the chain in a Deed of Partnership for a platform/collective, or a Deed of Assignment for an intellectual property.

In the spirit of the genesis of web3, I published the first edition of "The LMO Structure for Tokenomics" for the community on March 21st, three days before I minted....

#1 • The One You Want Most

Mint Date: 3/24/2021, 9:09 PM.

See for yourself: opensea.io/assets/ethereu…

The paper is publicly available on the @LMOPro website!

letmeout.productions/lmo-structure/

Which brings me to Perk 7:

Perk 7 is terrible capitalism.

The paper is free to enjoy with CC4 attribution required (s/o @TheRealCharnick 🙏🏾), so you can use the strategy without us.

It's for the public.

Our collective is for committed storytellers, looking to work together.

Perk 7 - You're Supporting a Platform demonstrating the web3 ethos.

Open information. Open access.

We say:
"Authenticity Upheld. Opportunity Uplifted."

We do require a Company Ownership Token to enjoy the access and specific rights described in the Deed of Partnership.

The first right is to specific interactions for project development with one of our Creative Producers, all of whom have experience organizing and producing multi-million dollar productions.

If that sounds like you, there's going to be more openings as we scale.

The first right includes the terms that you, your studio, or your DAO will own the intellectual property result of that development journey 100%, and can take it anywhere in the world for production without @LMOPro involvement.

We are a service, a bridge, a studio, a collective.

The first right includes a full non-disclosure agreement with the Creative Producer(s) in the development process, so nobody outside of that process will know any details about your ideas unless you want them to.

The second right is the right to pitch your intellectual property asset to our Creative Board for onboarding into our production service, provided it's built on The LMO Structure for Tokenomics.

Films. Shows. Stage. Installations. Metaverse immersion. Augmented Reality content.

Second right requires the token-holder to volunteer to submit their project to the centralized approval process of the Creative Board. They are under ZERO obligation to ever produce any content to support the collective mission.

All token-holders participate in the vote!

Second right: Pitch Access.

The centralized approval process of the Creative Board is to vet projects built on the LMO Structure for umwelt impact, authenticity, opportunity, compliance, the ability to grow and maintain a web3 community, and financial sustainability.

Second right: Pitch Access.

If a project is onboarded, it will be seeded with a launchpad of at least $250,000 in value. From there, the creator must grow their web3 community using The LMO Structure.

Just as I'm doing right now! These are the pioneer tokens!!!

Our ability to provide launchpads is contingent on the production, wrap, and 25-33% potential return on possible distribution revenues for the first three months in syndication / after release for Season One of Press Pass.

That said, you don't need a launchpad from @LMOPro to start using the LMO Structure for Tokenomics.

Our team is already helping some of our token-holders develop their first films, shows, and one is doing a history archive in the metaverse.

If you're interested in being a Creative Producer at @LMOPro, you can do so in a doxxed or anon capacity within the @TopBrassDAO.

We have a few celebrities on the roster who enjoy being a digital identity in our community.

We want organic growth from the mud we're all in.

#113 above may appear to be a littered straw, wedged in the crack of a street.

That's Beale Street in Memphis. Each token tells a story. Sometimes, I know what it is! 😂

#220 hasn't been released yet... ART.

The third right is: ID as a "part-owner of LMO" and/or "part of the Top Brass that runs Let Me Out Productions." Terms apply.

- No right to solicit/hire/do business on behalf or in name of LMO.
- No right to disparage platform, personnel, or damage ability to perform business.

The fourth right is:
All collaboration is backed by 0.0002% ownership over Let Me Out Productions, assigned directly to the blockchain position of the token collected using the ID number in the Deed of Partnership.

Read the latest edition here:
opensea.io/assets/ethereu…

All rights are maintained and enforced by The @TopBrassDAO, which uses the public knowledge of these equity assignments to facilitate reward and access for the token-holders across from their collaboration.

Using the same model on a film or TV set allows distribution of equity.

In the LMO Structure, we distribute equity-assigned tokens to each team member on a production, from entry-level assistants to featured performers and directors.

We make 10% of the production available to the audience across from exclusive pieces.

It's all in the paper!

Being that each hired member of the production is directly collaborating on the work, their specific tokens can be used to facilitate net profit issuance against their total equity assignment.

The audience-exclusive tokens do not facilitate any net profit issuance.

In that same vein, these Company Ownership Tokens do not facilitate any net profit issuance.

Collect 5,000 of them... a gateway of collaboration opens where that's possible, against merit of collaboration.

Collect 20,000... You can be 1 of the 16 votes on the Creative Board.

We'll have 200 maximum available at any given time until all 80,000 have been released. Good luck!

Collect a Company Ownership Token today!
opensea.io/collection/let…

Collect seven (7) to climb to Tier 8 in the @TopBrassDAO!

Small Creators:
- Share an incredible, global production resource network.
- Call an NFT project at an accessible mint.
- Develop your stories at your pace.

#14 • Lucky Number Fourteen

0.007 Eth
opensea.io/assets/ethereu…

Big Names:
- Contribute to and lead in our network.
- Nobody has to know who you are.
- Be available to be the shine on the next gemstone the world enjoys.
- It'll feel like the young days where anybody had a shot to win!

#21 • Meadow of Angles
0.007 Eth
opensea.io/assets/ethereu…

Studios:
- Watch our Pitch Meetings, pick up promising projects that don't make it, and welcome yourself as Co-EPs and EPs on properties we do take on.
- We're in Sacramento. No mark-ups here as a token-holding sister studio.

#192 • No Proof

0.192 ETH
opensea.io/assets/ethereu…

DAOs:
- Enjoy our Creative Symposiums (Creative Board Meetings) as a community, with some limits.
- Welcome yourselves as Co-EPs and EPs on properties we do take on.
- Let us be your service studio!

#173 • You Are Great!

0.173 ETH
opensea.io/assets/ethereu…

Collectors:
- Admit it, the art is amazing. Or it sucks so much, that it's amazing.
- Support a historical project.
- Stick around! You never know when you might have a story you'd like to produce!

#147 • The Monster Inside

0.147 ETH
opensea.io/assets/ethereu…

Investors:
- The value of the token may rise like any non-fungible, but that's not a guarantee.
- There is zero passive income from holding these collectibles. None.

#141 • Unearthly

0.141 ETH
opensea.io/assets/ethereu…

Investors:
- The model is an interesting history-maker and should generate a lot of discussion as time moves forward. Come to your own conclusions.
- We'd really like these to be for Creators, whatever form their voices take.

#108 • Spillwet

0.108 ETH
opensea.io/assets/ethereu…

Artists:
- If you collect one, you can make one for future release. The listing is always across from it's release number. This applies on primary sales from the platform only, and applies once for every token you collect.

#35 • LemonMint

0.007 ETH
opensea.io/assets/ethereu…

Musicians:
If you're around, opportunities rise to meet availability! Most projects on-boarded will require music. If you can make art yourself, make a Company Ownership Token with music in it!

#146 • Bert "Big Bert" Patperg, Coming Soon!

0.146 ETH
opensea.io/assets/ethereu…

Distributors:
We want you!!!

You can option Distribution Rights for properties built on the LMO Structure, and you can option them immediately after Creative Symposiums, regardless of LMO approval or involvement.

#1 • Beast Buy (Press Pass: Season 1)
opensea.io/assets/ethereu…

To the #web3 collective:

We welcome all supporters of a use-case that's going to take a wide team to establish!

Thank you for reading!