10 Facts about MMM Nigeria

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MMM is an innovative and experimental platform where people donate
money directly to each other.




1. There  are no investors and no investments in MMM. 

Money is not
invested in  any asset. 

Money is donated to the other person. 
As MMM
members donate  money, there are no guarantees that people will be
donated back.  


Everything depends on the members themselves: they
develop the Community  making it sustainable and creating a permanent
process of the exchange  of donations.



2. MMM members are rewarded with Mavro after they donate help to other
members of the Community.


3. 30%  per month is not an interest rate, but an expected growth rate of
 Mavro. 


Growth rate   of Mavro and its amount can be adjusted at any
moment  for the benefit of the Community.


4.  Mavro  is like scores or grades in colleges.

 Where do grades come
from?

 Is it  possible for grades to be out of stock? 
Grades are taken
from nowhere. 

 Students get grades according to their performance.
This is the same  with Mavros.

 Mavro is an evaluation of the
contribution made by a  participant for the development of the
Community.


5. MMM  is a self-adjusting Community. 


The algorithms of matching senders
and  receivers   and algorithms of Mavro reward constantly get adjusted and  improved.


6. MMM  cannot crash because it cannot pay its members. 

This is due to the fact  that MMM  is not a corporation involved in financial
transactions, MMM  just connects senders and receivers.


The  main factor in the MMM Community is its members’ behaviour. 


7.  The aim of  MMM is    not to make people rich, but to change their
mindset, to  encourage people to share what    they have with others.
Members should not  treat MMM as a money making scheme.



8.  MMM  members can choose the time when they provide and get help.
Usually  members follow the principle: donate when you have spare
money and ask  for money when you need    to buy something for your
family. 


9. MMM wants to  increase the velocity of money. 
 No need to keep money: share it with  others.


10.  MMM  wants to emphasize the importance of work and productive labour.
You  should work not because you get paid for that (working just for
money is  something like selling your soul or body).


 People should work  consciously and deliberately for their personal and public
benefit

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