MMM International is a Ponzi scheme that wants no introduction.
MMM DAPP is an MMM International clone, run via a smart-contract.
MMM International founder Sergey Mavrodi died in early 2018, since then Russian scammers have been launching one MMM International reboot after one other.
Supporting Russians being behind MMM DAPP is the official MMM DAPP YouTube channel, which is filled with movies titled in Russian:
The final MMM International clone we tracked right here on BehindMLM was MMM International 2019.
Since our January 2019 overview, MMM International 2019 has collapsed and its web site area is now not registered.
MMM DAPP is run from two web site area, “mmmdapp.com” and “mmmdapp.io”.
Each domains have been privately registered inside ten minutes of one another on April twenty fifth, 2020.
As all the time, if an MLM firm is just not brazenly upfront about who’s operating or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
MMM DAPP’s Merchandise
MMM DAPP has no retailable services or products, with associates solely in a position to market MMM DAPP affiliate membership itself.
MMM DAPP’s Compensation Plan
MMM DAPP associates make investments tether (USDT) on the promise of month-to-month returns of as much as 30%.
MMM DAPP pays referral commissions on invested funds by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel workforce, with each personally recruited affiliate positioned instantly beneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel workforce.
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 DAPP caps payable unilevel workforce ranges at 4.
Referral commissions are paid out as a share of USDT invested throughout these 4 ranges as follows:
- degree 1 (personally recruited associates) – 5%
- degree 2 – 1%
- degree 3 – 2%
- degree 4 – 3%
Observe that to unlock ranges 2 to 4, MMM DAPP associates should recruit ten associates and have a complete downline of thirty associates.
Becoming a member of MMM DAPP
MMM DAPP affiliate membership is free.
Full participation within the hooked up revenue alternative nonetheless requires an funding in USDT.
MMM DAPP’s web site doesn’t present a minimal UDST funding quantity.
Conclusion
As with each incarnation of MMM International earlier than it, MMM DAPP makes an attempt to masks a Ponzi scheme beneath the guise of “offering and receiving assist”.
Offering assist = investing.
Getting assist = receiving beforehand invested funds.
As with each Ponzi scheme, this collapses when withdrawals (“getting assist”) exceeds new funding (offering assist).
That is actually how each MMM International Ponzi collapses. MMM DAPP gained’t be any totally different.
One side that may differentiate MMM DAPP from its predecessors is its Mavro Commemorative Token.
WHAT IS A MAVRO COMMEMORATIVE TOKEN?
Mr Mavrodi, who spent his life selling monetary revelation, died on the age of 63. The workforce issued 630 million tokens referred to as Mavro Commemorative Token in reminiscence of Mr. Mavrodi.
When the account offers PH orders within the system, it shall buy Mavro Commemorative Tokens of two% order quantity on the identical time.
All Mavro Commemorative Tokens bought will probably be robotically entered into the entire contract pool for system operation. Mr. Mavrodi’s thoughts and soul will probably be with the system ceaselessly.
The preliminary worth of Mavro Commemorative Token is 0.01USDT/piece. After the whole destruction of every layer, the alternate will transfer to the subsequent layer.
On the identical time, the alternate worth will enhance by 0.01USDT. The final layer of Macro Commemorate Tokens won’t ever be destroyed.
The worth of every token will enhance by 10% once they transfer into the subsequent spherical of circulation.
This isn’t the primary time MMM International scammers have launched a token. For now although Mavro Commemorative Tokens seem pointless sufficient.
Be cautious of any try to change funds over to the token or solicit funding via it. It’s doable a doable exit-scam route, though historically MMM International Ponzis simply collapse and disappear.