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All You need to know about MMM Mavro-BTC & How it will Work

MMM Nigeria has introduced Mavro-BTC as a means to provide and get help. To provide help means to contribute or donate money to other participant while to get help means to withdraw your money or receive donation from another participant.

Since MMM announced the introduction of mavro-BTC, Nigerian’s cyberspaces has been hogwashed with different theories of what the Mavro-BTC stand for or look like. Some even said that Sergey Mavrodi, MMM founder knew that the number of PH cannot meet up the expected massive GH when confirmed Mavros are unfrozen on January 14.

As a participant and someone who understand how MMM works, I have decide to offer an explanation of how the newly introduced Mavro-BTC will work, the need for it and to debunk the rumours spreading around.

To understand MMM Mavro-BTC, let me start by explaining that MMM in all the countries that it operates, make use of the currency of the country for Providing help and Getting Help. The same is seen in MMM Nigeria. MMM Nigeria uses Mavro-Naira.

So, what is Mavro-BTC?

Mavro-BTC is Mavro Bitcoin. Mavro-NGN means Mavro Nigeria, Mavro –USD means Mavro US dollars. If you check your Mavro in your personal office, you only see Mavro-NGN and Mavro-USD even when PH in Bitcoin. Please be aware that there are nothing like Marvo Naira, Mavro USD and Mavro BTC outside MMM. These terms are strictly MMM terminology only. Formally, MMM participants PH and GH in Naira although the registration bonus ($20, $50 and $100) is usually in Mavro-USD but it is converted to Mavro-NGN at the point of GHing. What this means is that your mavro-USD is paid out in Naira at the prevailing exchange rate of USD to NGN at the time of GHing.

Aside providing help and getting help in Naira, some participants also provide help in Bitcoin. WHen you provide help with Bitcoins, you will get 50% reward in 30 days while you will get 30% reward in 30days when you provide help with Naira.

The 50% reward participants get when they provide help using bitcoin is usually given in Naira value of Bitcoin  and not in 50% of the bitcoin value of PH. For example; when you provide help of 1bitcoin (say 1BTC = $800 at the time you provided the help), your GH should be 1.5Bitcoin in 30days (say 1BITCOIN = $900 at the time of GH ) but what you will get is $1200 value of bitcoin which will not be up to 1.5BTCat the time of GH because bitcoin is a volatile cryptocurrency. While the reward for MMM Bitcoin is 50% before now, the reward for Mavro-BTC is 30%. The flip side of this is that, when you PH in Mavro-BTC, you will get 30% of your bitcoin value certainly and you can also earn more from the possible increase of bitcoin value in the market. Practically now, if you PH 1BTC (say IBitcoin = $800 at the time of PH), you will get certainly 1.3BTC (say 1Bitcoin = $900 at the time of GH) in 30 days and you will also earn from the extra $100 increase in the values of bitcoin.

Many participants don’t know anything about bitcoin and are worried on how to deal with this new development. It is nothing to worry about because MMM has given you the option to PH in Naira and GH in Mavro-Naira or Mavro-BTC depending on what you want. It is strictly your choice.

The mavro-BTC is a win win for all participants of MMM. MMM is always protects the interest of its members.

Check it out; how to provide and get help with Bitcoin in MMM Nigeria

MMM Nigeria resumes today 13th January, 2014; Read more!!!

MMM Nigeria opens today, 13th January 2017; a bit earlier as promised

MMM Nigeria has resumes its full operation today 13th January 2017. Participants can now get help. However, Merging are yet to start

According to MMM Nigeria News, We are now open!!! The holidays are over, and we’re now open. Just as promised. (You might have already noticed that we always stick to our promises. :-)) Actually, we promised to be open on January 14, but we’re open now, January 13, as you can see, which is a day earlier. (Well, I hope, the members of the System will forgive us for that. :-))

It’s related to the hysteria raised by the authorities and the mass media around MMM. By joining forces, they’ve managed to nearly give the members of the System a heart attack and have frightened them out of their wits. Poor souls don’t know what to expect. Will we open again or not? :-))

This is why we’ve decided, considering the situation, to reach out to the members, reassure and cheer them up by opening a little earlier. After all, Together We Can Change The World! :-))

Here we go.

  1. As of this notice, MMM resumes its usual operation. You can now create your GH-requests.
  2. However, it’s obvious that panic will reign in the first few days after the re-opening of the System. We’re likely to be deluged by GH-requests. Therefore, we’re going to make gradual paybacks by setting internal output limits. In other words, we will only pay a certain amount per day. Please, be prepared to wait for a couple of days. We are certain things will then calm down, and the System operation will return to normal.

We’re the ones setting the limits, so it’s completely under our control, and we are not expecting any emergencies in principle. Have no fear and go on about your business as usual. :-))

As the System is socially oriented, we will make paybacks to the poor and the economically disadvantaged in the first place: it means to the members with small PH amounts. The richer can wait. Moreover, we’ve warned you repeatedly to only provide help with amounts that are not critical for you. Therefore, if these large amounts are not critical for them (the richer), they can wait a few days. No need to be tragic about it. :-))

This is the way it’s going to be.

Hoping for your kind understanding, Sergey Mavrodi. We Change The World!

  1. S. I’d like again to call on the authorities and the mass media: Please, leave us alone! Have mercy on people.

 

You can now provide help and get help in Bitcoin. See how to add your bitcoin wallet to your MMM Account.