MMM NFT fails to offer firm possession or government info on its web site.
The corporate borrows closely from MMM World:
MMM World 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 World Ponzi reboot. BehindMLM documented makes an attempt to
MMM DAPP’s web site continues 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 assessment 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 performed 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 high of a unilevel staff, with each personally recruited affiliate positioned instantly below them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel staff.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
MMM NFT caps referral commissions down 5 unilevel staff ranges.
Referral commissions are paid as a proportion of invested BNB throughout these 5 ranges as follows:
- stage 1 (personally recruited associates) – 5%
- stage 2 – 2%
- stage 3 – 1.5%
- stage 4 – 1%
- stage 5 0.5%
Becoming a member of MMM NFT
MMM NFT affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $100 funding in BNB.
MMM NFT Conclusion
MMM NFT is a continuation of the identical outdated MMM World Ponzi mannequin.
Promote your artwork for 130% of the unique buy worth or watch the value go up one other 30% each month. And promote whenever you need.
The one gimmick right here is NFTs, supposedly connected to every funding place.
I’m not even positive if MMM NFT really has NFTs. They actually don’t want them to run one other MMM World Ponzi with.
As with all MLM Ponzi scheme (together with each MMM World Ponzi each launched), when affiliate recruitment dries up so too will new funding.
This may stave MMM NFT of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of contributors lose cash.