MMM NFT fails to supply firm possession or govt info on its web site.
The corporate borrows closely from MMM International:
MMM International was a Russian Ponzi scheme run by Sergey Mavrodi.
Mavrodi (proper) handed away in 2018. He was supposedly destitute on the time.
As per the MMM NFT web site screenshot above, the scammers behind MMM NFT have misappropriated Mavrodi’s likeness.
This isn’t the primary post-Mavrodi MMM International Ponzi reboot. BehindMLM documented makes an attempt to
MMM DAPP’s web site remains to be on-line however non-functional.
MMM NFT operates from the domian “mmm-nft.artwork”, privately registered on September thirteenth, 2022.
Owing to its Russian origins, the Central Financial institution of Russia issued an MMM NFT pyramid fraud warning on October twenty first.
Learn on for a full overview of MMM NFT’s MLM alternative.
MMM NFT’s Merchandise
MMM NFT has no retailable services or products.
Associates are solely capable of market MMM NFT affiliate membership itself.
MMM NFT’s Compensation Plan
MMM NFT associates make investments $100 or extra price of Binance Coin (BNB). That is accomplished on the promise of a perpetual 30% a month ROI.
MMM NFT pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel crew, with each personally recruited affiliate positioned instantly underneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel crew.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
MMM NFT caps referral commissions down 5 unilevel crew ranges.
Referral commissions are paid as a proportion of invested BNB throughout these 5 ranges as follows:
- degree 1 (personally recruited associates) – 5%
- degree 2 – 2%
- degree 3 – 1.5%
- degree 4 – 1%
- degree 5 0.5%
Becoming a member of MMM NFT
MMM NFT affiliate membership is free.
Full participation within the hooked up revenue alternative requires a minimal $100 funding in BNB.
MMM NFT Conclusion
MMM NFT is a continuation of the identical previous MMM International Ponzi mannequin.
Promote ​​your artwork for 130% of the unique buy value or watch the worth go up one other 30% each month. And promote whenever you need.
The one gimmick right here is NFTs, supposedly hooked up to every funding place.
I’m not even positive if MMM NFT truly has NFTs. They definitely don’t want them to run one other MMM International Ponzi with.
As with all MLM Ponzi scheme (together with each MMM International Ponzi each launched), when affiliate recruitment dries up so too will new funding.
It will stave MMM NFT of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of individuals lose cash.
