Website & Company Information
The web domain of the company was privately registered on the 25th of April 2020 and was later updated on 2020–08–02. MMM DAPP is an MMM Global clone that is run through a smart-contract. MMM DAPP is run from two website domain, “mmmdapp.com” and “mmmdapp.io”.
The founder of the scheme died in early 2018, and since then, Russian scammers have been launching multiple MMM Global reboots. Most of the marketing takes place via Youtube where these scammers have set up a genuine-looking channel and have posted multi videos which also includes real interviews.
As always, if the company is not being transparent about its corporate structure, then you must think twice before handing over your hard-earned money to anonymous people on the internet.
MMM DAPP’s Products
The company has no retailable products or services, with affiliates only able to market MMM DAPP affiliate membership itself.
MMM DAPP’s Compensation Plan
The affiliates of the company invest tether (USDT) on the promise of monthly returns of up to 30%. The company pays referral commissions using a uni-level payment structure, capped at four-team levels:
Referral commissions are paid out as a percentage of USDT invested across these four levels as follows:
- level 1 (direct recruit) — 5%
- level 2–1%
- level 3–2%
- level 4–3%
To unlock the 2nd and 4th levels, an affiliate is required to recruit a minimum of ten affiliates and have a total downline of thirty affiliates.
Joining MMM DAPP
Joining MMM DAPP affiliates membership is free. However, full participation in the income opportunity requires some investment in USDT.
Their website does not provide a minimum UDST investment amount.
We already have the answer, i.e. A clone of a scam will always be a scam!
No matter, how many times this scheme takes birth, MMM DAPP always attempts to mask a Ponzi scheme under the guise of “providing and receiving help”
As we see, affiliates signup, invest funds and receive commissions from the people who join the system after them. And this scheme will collapse when withdrawals (“getting help”) exceed new investment (providing help). This is how MMM Global Ponzi collapsed.
Mavro Commemorative Token
The fraudsters are trying something different this time as they have injected a new lucrative element in the system.
WHAT IS A MAVRO COMMEMORATIVE TOKEN?
Mr Mavrodi, who spent his life promoting financial revelation, died at the age of 63. The team issued 630 million tokens called Mavro Commemorative Token in memory of Mr. Mavrodi.
When the account provides PH orders in the system, it shall purchase Mavro Commemorative Tokens of 2% order amount at the same time.
All Mavro Commemorative Tokens purchased will be automatically entered into the total contract pool for system operation. Mr. Mavrodi’s mind and soul will be with the system forever.
The initial price of Mavro Commemorative Token is 0.01USDT/piece. After the complete destruction of each layer, the exchange will move to the next layer.
At the same time, the exchange price will increase by 0.01USDT. The last layer of Macro Commemorate Tokens will never be destroyed.
The price of each token will increase by 10% when they move into the next round of circulation.
The token marketed in the company’s presentation holds no real value outside the company’s ecosystem. MMM can issue as much as MCT tokens they want without incurring any cost (apart from erc20 token dev cost). The company can literally print tokens worth million dollars out of thin air, and in our words, these tokens are just ‘’shitcoins’’. Most of these MLMs that have their own tokens first focus on creating hype or a bubble that generates demand, and then they dump their bags on thousands of innocent investors.