I have been getting inquiries about MMM ever since I have turned my other Facebook account, exclusively for games then, into my official MMM account and made it public.
For some, they must have thought that I am again into one of those networking programs, or multilevel marketing or other online trading or ‘paid to’ jobs. There is nothing wrong with all of those though, as long as they are legit and proven to generate income, and one knows how to work his way around. MMM is, by far, nothing of the sort. Here is my humble and complete understanding of what MMM is all about and how it has changed and could change the lives of many.
MMM is a global community where participants donate money to other participants. MMM is not a company or a business entity so it does not maintain a central account. A participant who provides help transfers funds directly to another participant’s account. It is basically a peer to peer exchange system where anyone, eighteen years old and above, can join, regardless of location and level of income. The basic principle of MMM is to give a fair and just financial system to all, to be able to provide to others and to get help when needed in the future. Simply put, you help today, you get help tomorrow. However, before participating in the community, one must learn, comprehend and agree that the community is built based on common trust and honesty, and more significantly, the willingness to help others.
MAVRO AND MAVRO GROWTH
An MMM registered participant maintains a personal office, with his own username and password, which contains his account and registration details, record of his activities or transactions, among others. There are two main features in the system’s interface, one is to provide help and the other is to get help, as such the MMM jargons, ph and gh. Either which, once a participant creates an action or an order, the system generates the names of the participants that would either receive or provide help. A participant initially provides help and in turn, can request for help after a certain period. To keep track of the amount of funds that has been provided, the funds are recorded in one’s personal office in the form of Mavro, the virtual currency used solely for the purpose of keeping track of how much funds are provided, how much has the money grown, and how much is the available amount for withdrawal. It should be noted that Mavros are exclusively used in the MMM system and can not be used for currency exchange or trading, whether online or offline.
Once a donation is made, the participant is then awarded with the equivalent Mavros, which have the potential to grow from 20 to 100% per month, depending on which program he chooses. As an example, if I donate PhP5000.00 in the current growth of 30%, I would be awarded with 5000 Mavro-PhP which could grow to 6500 Mavro-PhP in one month. If I would request for help, I could either request the equivalent amount of PhP6500.00 or only a portion of it and leave the rest to accumulate the same compounded interest rate. To sum it up, one gets rewarded with his own money back plus the interest for the act of donating to others. There is one important thing to remember though, that MMM is not an investment community, or a fast money-making scheme. (READ: MMM: The Risks and The Warning) The substantial and generous rewards rate should not be looked at as a means of making one’s money grow, because, for one thing, MMM does not give guarantees nor is it bound by any legal ties. Every participant is encouraged to provide help with however much or little he could afford, gratis. The success of the system depends on the cooperation and active participation of the community members, by living the MMM ideology and helping the community grow.
MMM was established in 1989 by the brilliant Russian mathematician, Sergey Mavrodi, his brother Vyacheslav Mavrodi and Olga Melkinova, hence the company name, taken from the initials of the three founders’ surnames. Registered in Moscow as a cooperative until 1991, MMM mainly engaged in computer and office equipment sales. The venture was quite a success that in 1992, MMM was registered as a joint stock company and started selling shares in 1994, and buying them back at much higher rates. MMM advertisements were practically everywhere. The huge and phenomenal success of MMM did not receive the government’s approval and soon, mass media started smear campaigns against the company. That same year, Sergey Mavrodi was also charged with tax evasion. While still in prison, he was able to register as a candidate for the State Duma, winning the election but notably refusing salary and parliamentary privileges, and not attending parliament meetings for the state. He was deprived of his deputy status in 1995 and in 1997, he was put under Russia’s and the Interpol’s wanted list. While in hiding, Mavrodi set up yet another project, a game of chance, this time on internet called Stock Generation (SG). SG operated with gaming licenses and it also became a success globally, with target on the Western countries during the period 1998-2000. However, SG’s activitity came to a stop on the basis coming from an American court order.
Based on past experiences, it became evident to Mavrodi that maintaining a visible and physical location of funds, however legitimate the projects were, would still lead the government authorities to their seizure, eventually leading to the collapse of the company. This made Mavrodi came up with a better system, the rebirth of MMM where funds were to be kept in the participants’ own accounts. He was no longer the owner, but entrusted the system to the participants, thus the participants became the system.
Various forms of setbacks have come up since the launching of MMM-2011. The Russian authorities and other countries as well, were once again sticking their noses to find ways, creating tactics to destroy the system. For a time they succeeded leading to the first restart of the system. MMM started anew with a changed system in 2012, making it a mutual aid fund, which breaks down the participants’ activity mainly into two, providing assistance or making contibution, and asking help or assistance. With the changed system, MMM encountered yet again other serious problems, from advertising to the low morale of the managers and participants due to shock from the previous restart that resulted to a reduced inactivity. In 2013, a whole new concept of MMM was introduced, as well as the Pause Mode, which serves as an emergency measure to reduce a possible risk of a restart.
Today, the community is vastly growing globally, increasing in numbers in over a hundred countries, reaching out to those financially deprived by maintaining its ideologies. Sergey Mavrodi, the brains behind MMM, aptly coined the system, Financial Apocalypse, aimed to destroy the unfair and unjust system that has made the people its slaves.
Together we change the world. CLICK TO BECOME A PARTICIPANT!!!