Is MMM a company?
MMM isn’t a company, organization or any kind of business. Being not as such, MMM Community
doesn’t, accordingly: possess a personal account, render any services and enter into legal relations
with anybody. MMM – is a consolidation of physical persons with the aim of giving mutual help to
each other and changing the character of financial relations among people. To reach this aim MMM
has an operative ideology, effective scheme of mutual payments, offices in different countries, a plenty
of official and private sites of participants, as well as the database of the given participants. In other
words there is nobody who transfers funds to MMM or gets funds from MMM. The Community is just
connecting (is presenting contact details) people who wants to give help with those who want to get it.
Is MMM a pyramid scheme?
A classic pyramid scheme (or Ponzi scheme) is an investment project in which the participant is
promised to get a quick profit if he invests his funds in profitable business projects. But in reality, the
organizers of this investment project are frauds, they deceive their customers: money will not be
reinvested, the early participants get money from later ones.
In this sense, MMM is not a Ponzi scheme. Because MMM is not an investment project. In MMM
there are no promises or guarantees. In MMM money is really redistributed between participants and
it is not invested anywhere. Participants receive more than they gave, just by increasing the number of
the Community members.
The redistribution of money in a pyramid scheme is just one of the instruments of mutual assistance.
If the flow of participants is low and even stops completely, the Community work will not stop, but
other algorithms of donation exchange will be used.
The pyramid scheme has now become a widespread model for financial institutions. They do not
create new products, but attract new customers and money to pay the “old” customers. So all the
banks, insurance companies, projects, multi-level marketing, and in general any company, drowning
in debt, began to work on a pyramid scheme.
However, MMM is not a financial institution. Except the different set of algorithms of functioning, in
MMM there is (and this is very important!) a goal and ideological people willing to work to achieve
this goal. When the Corporation becomes unprofitable, it becomes unnecessary for its owners and it
closes down. For example, for Microsoft money is a goal. For MMM money is a tool. That is why
MMM is stronger than any financial institution. Illustration of a long-term functioning of the MMM
Community is its existence for 4 years already (since January, 2011).
Is MMM a MLM (multi-level marketing) project?
No, it is not. There aren’t any products or goods to be sold or consumed. The main idea of MMM is
that giving money has to be on a mutual basis and mustn’t be caused by rendering services or
performing sales. Compared to MLM projects participants of MMM aren’t bound to invite new
participants. Needless to say, that informing your friends and people you know about the Community
is welcome. But even if you aren’t going to invite anybody, in line with others you’ll be able to provide
and get help in any case.
What's the difference between MMM and crypto-currency (Bitcoin, Litecoin and
others)?
There is a conventional currency unit – mavro – used in MMM. It specifies the amount of help you
provided to other participants. However mavros profoundly differs from bitcoins and other crypto-
currencies. Crypto-currencies are a speculative tool. They are purchased through the exchange market
and their rate fluctuates due to supply and demand index. In MMM participants do not take part in a
stock jobbing, but directly give money to each other. Therefore in functional approach it’s much easier
to participate in the Community than to deal with crypto-currencies. You won’t need any stock
knowledge to open a bid, to pay fees to stockbrokers, etc. Everything is as simple as possible: enter the
personal office (PO), indicate what amount you’d like to grant or accept as a gift. Both a recipient and
a sender of help are chosen automatically, you transfer and get funds – and that’s it!
Is it possible to earn money in MMM?
Since MMM isn’t an economic project or agent, money here isn’t earned but granted. There aren’t any
guarantees that you’ll be granted more than YOU granted. But if in a certain period of time after your
provision of help the number of our Community’s members increased, the more likely that they will
be able to assist you on a higher amount (see the section on Mutual-Aid Programs). Of course, there
are different periods, as well as everywhere where money is circulating: its participants are also
sensitive to external events and news background. There were moments in the history of MMM when
the number of requests for help exceeded the number of applications for its provision. In the light of
this experience, the MMM Community has developed a number of mechanisms that give participants
an opportunity to wait out the difficulties and finally get help for a higher amount than they have
provided. The highly effective strategy of participation in MMM – is regular donations of small (non-
critical for you) sums of money and a regular request for help as needed. This strategy means that it is
unlikely that sooner or later, you don’t go out into a plus (see the section on Risks). But remember:
the main thing is not to get more than you gave, it isn’t “a profit-making business”, but the process
itself for getting and providing help.
Is it possible to lose money in MMM?
Since MMM is neither the bank nor the investment project, then, strictly speaking, losing your
donated funds is impossible because there are no invested funds themselves, and therefore being
provided as a gift they cannot be considered a loss itself. But it is possible that you have given help
worth more than received. Therefore, in the interests of psychological safety, it is necessary to give
help in the amount that you are willing to give gratuitously. At the same time, it’s quite logical and
predictable that anyone who regularly grants money in the future will get more than granted, because
the number of participants in the community of MMM is constantly growing.
What is the goal of MMM?
The purpose of the MMM is to motivate unknown people to give each other money without any
conditions, within the frame of a fund or mutual aid bank. And thus evolutionary to change the
character of socio-economic relations. Unlike charitable institutions that offer help for people who
found themselves in a difficult situation, MMM has reciprocal assistance: all help all people, everyone
helps everyone. This opens the way to a new, more humane and fair society in which the motivation to
work will no longer be of a hard financial character.
Who is MMM guided by?
MMM is not a corporation which has shareholders, owners, or a director. Those who develop MMM,
are not employees, but free people working voluntarily. You can manage free people to work not on
the basis of laws and orders, and not through a financial coercion, but through sound advice and
suggestions. The idea of creating a global community of mutual aid belongs to Sergey Mavrodi, who
founded MMM and is its leader. Furthermore, he has the right of an arbitrator in resolving conceptual
disputes and conflicts inherent in any social community. Inconsiderable current controversies
resolved by administrative management team and authorized persons, forming the Audit Office (CRO
– Control and Revision Office). It is the personality of Mavrodi who allows the Community to remain
united despite any difficulties. At the same time МММ appreciates each member of the Community
and their ideas and offers
Who is participating in MMM?
Any person over the age of 18 is able to join the MMM Community. There is absolutely equal
treatment to members of different age and social groups, work status and political backgrounds,
countries and religions. The Community doesn’t contrast people one against another and doesn’t act
on the principle of “divide and conquer”. In the contemporary world, it is impossible to live alone,
people have something to give to others and something to take from them. Everyone contributes to
the common good. Therefore, MMM doesn’t put any barriers to membership in the Community. It is a
new level social network where people not only communicate and get acquainted, but also help each
other financially and thus combining the idea of social networks and crowd funding in a single entity.
Is MMM acting on legal grounds?
MMM has no financial accounts and thus has no need for legal registration. MMM is the community,
the social network, where people who are willing to help each other voluntarily, can register and leave
their contact information. Thus, the members of the MMM Community have no financial relationship
with the Community itself, but with each other. That is why MMM is not a subject of legal relations,
and so the MMM Community may not be illegal. With regard to the legality of its participants’
activity, it can be qualified as an act of gracious donation. Giving money by one participant to another
one is not prohibited by either international or local legal systems. The right for gift giving – is one of
the main forms of realization of the right for private property.
Do I have to pay tax on the money received as a gift? In most countries, giving a small amount of
money is not taxable. If your country is not the case, we call you to pay corresponding tax – MMM
Community always encourages its participants to strictly follow the legislation of those countries
whose citizens or residents they are.
What is a ‘Personal Office’ (PO)?
This is the main operating program of MMM, it’s a kind of interface – the personalized section of the
site, available for registered members. The Personal Office displays information related to
membership in the Community, it’s possible to get, provide and confirm help, to enter and edit your
personal contact details, to register newcomers and manage their PO, to select a referrer and a
manager, to have support from consultants, to enter into a direct relationship with the recipient or
assistance provider, adjust the time of delivery/receipt of help, etc. You should donate money
only through Personal Office (PO) and only after you created a request for providing
help for a certain amount. Access password in PO is sent to a participant after the registration.
Logging in your PO and key transactions on funds withdrawal or change in account should be made
only after SMS confirmation by the phone. The most frequently visited sections of the PO are desktop
where you can find the information part of all operations, and “Mavro”, where you can get acquainted
with the current status and expectable growth of the funds on your account,. Particular attention
should be paid to the accuracy of filling in the “accounts” section. So that incompleteness or
inaccuracy in bank details don’t cause any problems. In case of blocking of your PO due to violations
of the rules, the only available operation remains is to contact feedback in order to learn the cause of
the blockage and the conditions of its withdrawal.
How can I provide help (donate money)?
To provide help, you need to make a request in your PO. In a short time you will get an order with
contact and payment details of the recipient. The participant must pay the request within 36 hours.
What is important for the participant is that mavros start to grow as soon as the request to give help
has been made, but not when the participant has got the order.
What are the currencies I can use to provide help?
The amount of transactions is calculated in Philippine pesos. Participants can send and receive money
through bitcoins (international electronic currency), as well as through Philippine banks and
payments systems.
How can I get help (money)?
To get money, you need to make a withdrawal request in your Personal Office. In the request the
participant points how much he/she wants to receive: it can be all the money available for withdrawal,
or a part of it. The request should also include the way of obtaining money: Perfect Money or Bitcoin.
In a hour after the request has been made, the system will generate an order (instruction) with the
contact details of the person who must donate the requested amount. If the participant hasn’t been
transferred the money within 36 hours, a new order is immediately made. In case of any problems,
the participant can always contact the technical support staff.
Who is referrer and referral?
A referrer is a participant of the Community who invited another participant. A referral is someone
who was invited. If you registered a new participant or he registered himself by your invitation code,
then you’re a referrer, and he is your referral. In PO in the section “Participants”, you can see the list
of your referrals (there may be many of them). The referrer gets a referral bonus of 10% every time the
referral provides assistance to others (about the amount of a referral bonus, see more details in the
section on “Bonus Program”). Any newcomer who came through your referral link will be directed to
the registration page of MMM’s website, where he will be automatically considered your referral (your
referral link can be found in PO in “My page” and in “Participants – referrals” sections). To place your
referral link on other Internet resources you must copy it in the body of the message.
What does 'invite' mean?
This is a verbal invitation code from a participant of MMM, owing to which he can invite other people
into the Community and get a referral bonus. For this purpose newcomer writes an invite of inviting
person in the appropriate section of the registration form. From that moment on, he becomes your
referral. To get a personal invite, go to PO in the section “My page” and specify the meaning word for
it. To attract new members by using the invite there are many possibilities depending on the personal
creativity and imagination. The most popular of them are:
- handing out business cards;
- distribution of leaflets and booklets;
- participating in the online forums for advertising and shopping sites, personal sites and blogs;
- supporting any distributed promo-advertising materials with the text “by registering in MMM,
please use my invite (indicating it further)”;
- opening of MMM clubs in your city;
- charity activity on the behalf of the MMM Community.
What is referral link?
The referral link is the Invite’s analogue, but it is more convenient to attract new members through
the Internet.
A person coming to the system through your referral link will be automatically redirected to MMM
register page. After registering he automatically becomes your referral. Afterwards, you can receive
referral bonuses from the deposits made by the new participant.
The referral link can be found in the MMM PO in the “My page” section, in the “Referrer” inset or in
“Participants-Referrals” subsection.
All you need to do – is to click “Show my referral link”, which will open a new window, and copy all
the text in the field.
Who are trustees and trustors?
If a participant does not want to make operations in the Personal Office (create requests, process
orders), she/he can choose a Trustee who will do it for her/him. The participant who has transferred
the rights to manage the PO will be called the Trustor.
There are two ways to establish Trustor-Trustee relationship:
a) The Manager registers a participant and, during registration process, states that he/she is his/her
Trustee.
b) The participant indicates in PO himself/herself that he/she makes the Manager his/her Trustee.
Of course, at any moment the participant can change his mind and refuse the Trustee’s service.
In order to protect from abuses from the Trustee’s the most important operations (change of account
information for cash-out, creation of application for cash-out, confirmation of getting money) are
conducted only through a confirmation code! The confirmation code will be sent by sms to the
Trustor.
Besides, when creating applications and assignments for cash-in the trustor will also get the
corresponding sms. Other than that, in the case of an assignment to send money, the recipient’s
account information will be indicated in the sms.
The Trustee can go into PO of a Trustor right from his/her PO and then the same way can come back
easily into his/her personal PO.
What is mavro?
Mavro is a conventional unit for measurement of provided help to other participants in MMM. For
instance, if a participant has granted 1000 pesos, he receives 1000 mavro-PHP. Possible Mavro’s
growth rate is from 30% per month (in accordance with the mutual aid programme the participant
chooses; you can read more about them in the corresponding section). The amount of mavros in the
participant’s PO shows the maximum amount of assistance he can ask for. For example, if the
participant has 1000 mavro-PHP, he can ask for 100o pesos assistance. The number of growing
mavros and progressive calculation of the amount of help can be seen directly in your PO in the
section “Mavro”.
Attention! Mavro isn’t a currency, the debt obligation or other form of financial assets. With mavros,
you can’t buy any goods or services. At any time the number of mavros, rate of growth and the types of
mutual-aid programs can be changed in the interest of the stability of the Community in order that
participants continued to get help.
Where can I find information about the amount of donations that I can receive?
You can see the calculation of the mavros amounts directly in your Personal Office in the section
“Mavro”.
How many times is it possible to make and to receive donations?
It is unlimited. You can provide assistance even if there is a current request to receive assistance.
However, you cannot activate more than one request of assistance at the same time. During this time,
you also will not be able to make any changes in the section “My page” and “Accounts”, so you should
check in advance the correctness of your data before the request for assistance.
Who are 10th, 100th, 1k managers?
These are the ranks (conditional hierarchical status) of managers in the Community, which are
determined in proportion to the number of participants in created by managers or their
“descendants” team. Managers are experienced and well-informed participants of the Community
who consult and help those participants who they lead. Managers don’t have the right to demand the
money to be transferred to any account. They just help the members of their unit feel confident in the
Community and are responsible for the members whose direct managers they are. Manager’s bonuses
from the donations of the participants of their structures have a multilevel character (See the section
on bonus programs).
How can I take part in the lottery?
All members of the MMM Сommunity with confirmed mavros have the opportunity to take part in the
lottery. The lottery is held weekly on Wednesdays from 7:00 AM to 8:00 AM GMT.
To participate in the lottery, you do not need to pay. It is only necessary to pick 6 numbers on the
“Lottery” page of the Personal Office before 7:00 AM Wednesday. Those who have guessed 2 or more
numbers get the prize.
$1,000 dollars is equally distributed among those who guessed the same numbers. For example, if
100 people have guessed first 3 numbers, then each will receive $10 (=$1,000/100). If 10 people have
guessed first 2 numbers, each will receive $100.
The prize fund that hasn’t been won is accumulated and forms a jackpot lottery. For example, if no
one matches 6 numbers, the jackpot increases by $1,000. Jackpot lottery is distributed among those
who have guessed 6 numbers.
How can I help the MMM Community?
You can make donations or actively attract new members into the Community. It’s necessary to invite
participants gently, tactfully, patiently explaining the principle of MMM and its ideological top-
objectives. It shouldn’t be just seducing people by “fast money”, but bringing a conception that the
idea of MMM is an alternative, innovation, the truth, and that is its strength. Hold charity events,
webinars and keep thematic blogs. You should touch upon the theme of MMM in every public,
network and private communications, even if it might lead to disputes. Tell about the ideas and
objectives of MMM (the basic idea: MMM is a unique fund of mutual aid), give the most impressive
examples of your personal experience. Try to find fresh words when writing thank-you letters for
given help expressing your sincere feelings about this. If you have any ideas and suggestions on the
development of the Community, contact our online consultants. We always welcome our participants’
initiative.
