MMM BSC is a reboot by the Paxos standard (PAX). The face of the company or who has his mind behind the MMM BSC is unclear. YouTube channel of MMM BSC Global has a different yet similar story. Company had began uploading recycled MMM content on the YouTube ten months back. The videos hitting the internet have Russian tittles. It is presumed that someone of the Russian or Ukrainian origin is behind MMM BSC.
MMM BSC had registered its website domain named mmmbsc.global privately on August 17th, 2019. Traffic statistics suggests it was launched in late October. It also suggests that the traffic on domain from India counts for 92% whereas 2% comes from Ukraine. The traffic generated makes a new possibility regarding the owner of MMM BSC Global. It is assumed that someone from India is behind it.
What are MMM BSC’s products, compensation plan and how can a person join MMM BSC?
MMM BSC doesn’t provide any retail-able products or services. According to MMM BSC’s compensation plan, it affiliates PAX on the promise of a 30% monthly return. If you want to withdraw your returns, you must make a equal or greater investment. Referral commissions are also available on the invested funds, which are paid out by a fifty-one level deep uni-level team but it doesn’t provide any specific referral commission percentage.
MMM BSC provides a free membership. But a investment is required in PAX for full participation in attached income opportunity. However, a minimum investment amount is not disclosed on their website.
What do we conclude?
MMM BSC is closed – loop Ponzi scheme in which existing investors are paid from the newly invested funds. With recruiters having a cut – off top, the first investors are favored in their system.
MMM BSC might collapse, as investment slows down and it will be unable to pay returns. This will result in majority of investor losing money.
Since, MMM BSC is a MLM which is not open about it upfront such as who is running it or who owns it. This is a advice before joining you should think long before joining it and transferring the money. This would be similar to being on the block chain.