Saturday 3 September 2016

HOW DOES MMM WORKS?

Peer to peer donation exchange

MMM is a community of people providing each other financial help on the principle of gratuitousness, reciprocity and benevolence.

In MMM you don't have to  make contracts or pledge your property. In MMM there are no lenders and debtors. Everything is very simple:one participants asks for help-another one helps.

IMPORTANT NOTICE 
There are no central account, where all the system money flows to (and where it can be stolen from) All the money is on the banking accounts of the participants themselves. Participants transfer money to each other directly-without any intermediary-Infact MMM only regulates the process- nothing more.

So the system just belongs to the people 100%

We are going to take a look at how this works, lets go.

You declare the willingness to provide help after which your account will be rewarded with mavro-the internal currency of the system. Mavro will start growing from the moment of offering the contribution at the rate of 30% per month.

For example, you declare the willingness to provide help of #100000, you will be rewarded in your private office (PO) with 100000 worth of mavro, and they will immediately starts growing! A month later, these 100000 will become 130000 mavros. Accordingly you will be able to request for #130000 this will be deposited into your native bank account by another participants.

However, it is not necessary to wait till a month. help can be requested at any time But only after confirmation of your mavro. What does "after confirmation" mean? It means only after you actually transfer money, i.e. really give assistance to another participant. (But not just declare willingness. :-)) Request for providing help comes to you in your personal office. If you do not do it within 48 hours, you will be removed from the system. (For all eternity. :-)) 

I know you have learnt how MMM works in this section, if not, feel free to drop a comment and I will be glad to respond to you immediately. You can also CLICK HERE!!! to register now.





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