MMM NFT fails to provide company ownership or executive information on its website.
The company borrows heavily from MMM Global:
MMM Global was a Russian Ponzi scheme run by Sergey Mavrodi.
Mavrodi (right) passed away in 2018. He was supposedly destitute at the time.
As per the MMM NFT website screenshot above, the scammers behind MMM NFT have misappropriated Mavrodi’s likeness.
This isn’t the first post-Mavrodi MMM Global Ponzi reboot. BehindMLM documented attempts to
MMM DAPP’s website is still online but non-functional.
MMM NFT operates from the domian “mmm-nft.art”, privately registered on September 13th, 2022.
Owing to its Russian origins, the Central Bank of Russia issued an MMM NFT pyramid fraud warning on October 21st.
Read on for a full review of MMM NFT’s MLM opportunity.
MMM NFT’s Products
MMM NFT has no retailable products or services.
Affiliates are only able to market MMM NFT affiliate membership itself.
MMM NFT’s Compensation Plan
MMM NFT affiliates invest $100 or more worth of Binance Coin (BNB). This is done on the promise of a perpetual 30% a month ROI.
MMM NFT pays referral commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
MMM NFT caps referral commissions down five unilevel team levels.
Referral commissions are paid as a percentage of invested BNB across these five levels as follows:
- level 1 (personally recruited affiliates) – 5%
- level 2 – 2%
- level 3 – 1.5%
- level 4 – 1%
- level 5 0.5%
Joining MMM NFT
MMM NFT affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $100 investment in BNB.
MMM NFT Conclusion
MMM NFT is a continuation of the same old MMM Global Ponzi model.
Sell your art for 130% of the original purchase price or watch the price go up another 30% every month. And sell when you want.
The only gimmick here is NFTs, supposedly attached to each investment position.
I’m not even sure if MMM NFT actually has NFTs. They certainly don’t need them to run another MMM Global Ponzi with.
As with all MLM Ponzi scheme (including every MMM Global Ponzi every launched), when affiliate recruitment dries up so too will new investment.
This will stave MMM NFT of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.