FAQ

MMM isn’t a company, organization or any kind of business. Being not as such, MMM 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 system is just joining (is presenting contact details) of people who wants to give help with those who wants to get it.

In the contemporary world almost all financial organizations can be considered as financial pyramids (banks, insurance societies, exchange markets, etc): as they doesn’t make any products, but redistribute funds only. However, MMM distinguishes itself not only by mechanism of its work but also by purposes from traditional financial institutes. Firstly, all of them, be it a bank or a HYIP (high-yield investment program), promise and guarantee, that having contributed you’ll be able to get income in the future.
Though, there are no any promises in MMM — as this is in fact a hi-tech global benefit association, charitable platform, where nobody is investing, but giving each other money gratuitously. Secondly, a goal in itself of investing money into a bank or participating in a HYIP is a profit-making. It’s also possible to get money in MMM, considerably more than an invested sum, but it isn’t the key point of the system (refer to the section of purposes of MMM in details), but rather a side effect, consequence of its growing popularity and extending scales. As opposed to banks and HYIPs, MMM is never going to go into bankruptcy and its participants won’t run off. Should the system face difficulties – it will be long-lived, while there are people sharing its core idea of free assistance to each other. No matter what problems the system could run into, it will bring information of its aims to a growing number of people. That’s what will provide a steady increase of participants’ quantity. Illustration of a long-term functioning of the system is its existence for more than 3 years (from January, 2011).

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 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. Needles to say, that informing your friends and people you know about the system 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.

There is a conventional currency unit “mavro” used in MMM. It specifies the amount of help you provided to other participants. However mavro 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 aren’t taking part in a stock jobbing, but directly giving money to each other. Therefore in functional approach it’s much easier to participate in the system than to deal with crypto-currencies. You won’t need any technical or stock knowledge, to register special e-wallets and open a bid, to pay fees to stockbrokers, etc. Everything is as much as possible simple: enter into the personal office (LK) indicate what amount you’d like to grant or accept as a gift. Both a recipient or a sender of help are chosen automatically, you transfer and get funds — and that’s it!

Since MMM isn’t an economic project or agent, the 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 participants in the system increased, the more likely that it will be able to assist you on a higher amount (see the section on mavro). Of course, there are different periods, as well as everywhere where money are circulating: its participants are also sensitive to external events and the news background. There were moments in the history of MMM when the number of requests for help exceed the number of applications for its provision. In the light of this experience, the system 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 (see the section on “pause” mode). The highly effective strategy of participation in MMM – are 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. 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.

Since MMM is neither the Bank, nor the investment project, then, strictly speaking, losing your invested 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 to 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.

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 almost 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 creates a powerful financial flow, not mediated by sale of goods, services, speculation or any other conditions. Thus, the system “socializes” money. If MMM unites the majority of the world’s population, it can be presumed that money would be devalued (depreciated) and will no longer serve as: an inadequate measure of labour, means of economic coercion, the condition of the forming the consumer or alienation society. This will open 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.

MMM is not a corporation, which has shareholders, owners, or a director. Those who develop MMM, are not employees, but free people working on their own free will. You can manage free people 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 system of mutual aid is owned by 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). It is just the identity of Mavrodi allows the system to remain united, despite difficulties of all kinds. At the same time, it would be wrong to assume MMM as a kind of authoritarian sect. It’s rather holistic (whole-synergistic) and socially oriented movement, which adequately takes into account the characteristics of the current stage of social development and its challenges. (See the section on S.P. Mavrodi).

Any person over the age of 18 is able to give and get money as a gift by means of MMM. The system aims to unite the majority of the people of the Planet. In MMM there is absolutely equal treatment to members of different age and social groups, work status and political backgrounds, countries and religions. The System 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. But hardly anyone disagrees that this interaction should be based on good faith. Therefore, MMM doesn’t put any barriers to participation in the system. It is a social network of a new level where people not only communicate and get acquainted, but also help each other financially and thus combining the idea of social networks and crowdfunding in a single entity and bringing it to its logical completeness.

MMM has no financial accounts and need for legal registration. This is actually just a database of contacts of people voluntarily helping each other, they have no financial relationship with the system itself, but with each other. In other words it is an idea, and not the member of legal relations, and so MMM may not be illegal. With regard to the legality of its participants’ activity, studying legislation of different countries, we haven’t found the State in which the giving of money from one person to another would be prohibited by law. 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 system always encourages its participants to strictly follow the legislation of those countries which citizens or residents they are.

This is the main operating program of MMM, its a kind of interface – the personalized section of the site, available for registered members. LK displays information related to participation in the system, it’s possible to get, provide and confirm help, to enter and edit your personal contact details, to register newcomers and manage their LK as a principal, to select a referrer and a manager, to have support from consultants, to enter into a direct relationship with the recipient or sender of help, adjust the time of delivery/receipt of help, etc. you help others through personal office (LK) only and only after you created a request for giving help for a certain amount. Access password in LK is sent to a participant after the registration. Logging in to your LK and key transactions on funds withdrawal or change in account should be made only after confirmation by SMS on the phone. The most frequently visited sections of the LK are desktop, where is 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, and completely or partially renew your mavro under the selected conditions or convert the designated amount in other currencies. 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 LK 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. To learn more about the details of transactions go to the “demo mode” on the central page of MMM official site.

Referrer is a participant in the system invited in it another participant. Referral is someone who was invited. If you registered a new participant or he registered himself on your invitation code, then you’re a referrer, and he is your referral. In LK in the section “Participants”, you can see the list of your referrals (there may be many) and the referrer (he’s the one, or he may not be at all, if you have registered yourself). Referrer gets a referral bonus of 10% every time the referral is giving help to others (about the amount of a referral bonus, see more details in the section “bonuses”). 10′s manager (to learn more about 10′s, 100′s, 1000′s managers go to 2.6 below) has no right to impose himself as the referrer, if he didn’t invite you in the system personally. Any newcomer who came through your referral link will be directed to the registration page of MMM website, where he will be automatically considered your referral (your referral link can be found in LK 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.

This verbal invitation code from participant of MMM, owing to which he can invite other people into the system 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 LK in the section “my page” and specify the meaning word of it. Functionally, your email address and a referral link can be used as an invite. To attract new members by using the invite there are many possibilities depending on the personal creativity and imagination. Most popular of them are:
-handing out business cards;
-distribution of leaflets and booklets;
-indication of your invite on the cash banknotes;
-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);
-direct agitation in the offices of MMM and temporary street stalls (“MMM” cubes).
-distribution of small cash and mavro-gifts from MMM – like system, or on your own behalf.

This is a conventional currency unit for measurement of provided help to other participants in MMM. Mavro isn’t a currency, the debt obligation or other form of financial assets. With mavro, you can’t buy any goods or services. Mavro isn’t increasing in its rate on the participant’s account, but quantity that is bound to the value of a currency. Growth rate is from 30% to 50% per month, or approximately 20-40 times per year, in accordance with the rule of compounding. The number of growing mavro and progressive calculation of the amount of help can be seen directly in your LK in the section “Mavro”. Mavro can be renewed under deposit or no deposit contribution can be counted as a debt of the system (in case of a restart), can instantly be converted under calculation to any of 33 major currencies of the world, as well as be sent as a gift (no more than $ 100) to any registered participant of the system as an incentive for his further participation. At any time the number of mavro, rate of growth and the types of deposits can be changed in the interest of the stability of the system in order that participants continued to get help.