BTC Ecosystem Pitfall Avoidance Guide:

As long as you adhere to the following two principles of professional knowledge, you can avoid being deceived by Bitcoin inscriptions:
1️⃣⚠️ Basic Professional Knowledge "How to Judge the Authenticity of Blockchain and Bitcoin Inscription Assets": Open the "Token Details" parameter of the inscription, and the last line's "Total Supply" divided by the third-to-last line's "Per-Transaction Minting Limit" = the number of times this inscription token has been minted! (Pay attention to the decimal point position; some intentionally add several digits after the decimal point to confuse listeners.) The number of mints indicates the level of decentralization. Less than 20k mints are all scam projects with a single operator, where the chips are all held by one person at the time of minting. This has nothing to do with the deployment time of the inscription; it may have been deployed long ago, but no one was trading it. Later, the project operator, wanting to manipulate the market, would execute multiple small trades within ten minutes, completely consolidating the tokens in one person's hands to scam! Inscribed tokens with only a few, hundreds, or a couple thousand mints are 100% scams designed to fleece investors!

2️⃣⚠️ Basic Professional Knowledge "How to Judge the Authenticity of Blockchain and Bitcoin Inscription Assets with 5-Character Inscriptions": Since the appearance of 5-character inscriptions, scams have been rampant. Because only the deployer can mint 5-character inscriptions, they are inherently 100% centralized from the start. Currently, even the "pizza" project hasn't succeeded with 5-character inscriptions. Although it has airdropped all minted tokens to over a hundred thousand retail investors, the inscription marked as "5-byte" is a 5-character inscription, which is purely a scam to fleece investors. Never touch it!