Many people ask how to buy inscriptions.
All investments have investment logic.
Prices may deviate from investment logic in the short term, but will eventually return to investment logic in the long term.
What is the investment logic of Mingwen?
1. Choose the inscription and identify the Bit Ecosystem
There are a large number of mining companies listed in the United States (such as Marathon/Riotplatforms, etc.). Now Wall Street investment institutions position these mining companies as: the settlement infrastructure of the Bitcoin ecosystem.
But the Bitcoin network actually has no ecosystem.
Let alone the Bitcoin network, in fact, in the entire crypto industry, except for mining, exchanges and related services, the actual usage of other ecosystems is not that large.
As Bitcoin halves, Wall Street investment banks will increasingly look at the income generated by miners outside of mining.
What we are mainly talking about here is the transaction gas fee.
The purpose of the inscription is to increase the gas fee. For details, see Why the inscription of BRC20 keeps rising?
In short, if the inscription ecosystem cannot be established, it will be equivalent to the failure of the AI strategy that technology companies such as Baidu have long described, and Wall Street's valuation of the company will be greatly reduced.
Therefore, only the inscriptions of the Bit ecosystem have long-term value.
Inscriptions in other ecosystems can easily become the same as the previous dog coins that are used to make money because there is no long-term support from the stakeholders.
This logic is the same as the reason why large technology companies must do AI. The inscriptions of other chains are equivalent to small companies doing AI. It is difficult to produce results without heavy investment.
Bitcoin miners will invest in inscriptions for a long time for their own narratives, because this thing can best increase transaction GAS.
Moreover, only BitInscription has a relatively high minting cost (the fee is given to the miners), which is considered a fair distribution. The costs of other chains are either very low or the fees are earned by someone unknown.
2. The inscription community is the most important
Now the attitude of major exchanges towards inscriptions is the same as that towards MEME coins.
Only when the community is active enough can it be the cornerstone for long-term stability of value.
Look at how many air coins there were back then.
Only coins with sufficiently active communities such as Doggo/Pepe can survive the cycle, and the value of the currency is still very strong now.
Although there has been some retracement from the peak, early participants generally still have a return of around 1,000 times.
When talking about community activity, many people will look at Holders/trading volume.
These can be brushed at will.
In fact, you should check out Twitter/Telegram groups to see if the project has cultural cohesion and whether real people are active there. These are the core of the community.
The MEME coins that we can remember now all have strong cultural cohesion.
Among the current Bitcoin inscriptions, MMSS should be the one with the strongest community cultural cohesion.
MMSS is a direct successor to the previous NFT MIMIC SHHANS, whose community was already very active.
It’s just that the number of NFTs was too small at the time, so the size of the community was limited.
Now, through the form of inscriptions, more people can be attracted to join MMSS.
3. Choose a company with large growth potential
Now the market value of the head inscriptions has reached over 10 billion US dollars.
But MMSS is a head inscription worth only tens of millions of dollars.
In the foreseeable future, as more exchanges are listed, by the time it is listed on Binance, its market value will definitely be over 1 billion US dollars, with room for 20-fold growth.
Compared with the thousands of times returns for early members of MEME coin, the core members of the community now generally only earn about 5 times due to the high cost of minting inscriptions.
Therefore, MMSS is still in its early stages of the market and has huge potential for subsequent growth.
4. Internationalization can lead to high valuation
Currently, the inscriptions are mainly participated by Chinese people, but in fact, MMSS also shoulders the historical mission of promoting inscriptions to go overseas and to the world.
The creator is artist SHHAN, a Korean designer, so MMSS has had a Korean community for a long time.
At the same time, as the core scene of the Bit Ecological narrative, the inscription must also be accepted by the whole world.
The currently chosen theme of the black cat goddess is a cultural symbol that is easily accepted by the whole world.
At the same time, the MMSS community is also the most international among the current mainstream inscription ecosystems.
Compared with the tens of billions of US dollars market value of the leading MEME that has achieved successful internationalization, MMSS still has a lot of room for growth.
5. The boarding time is limited, come quickly
This time the inscription ecosystem may reach its peak around the time of Bitcoin halving.
By then, it may be hoped that the income from transaction gas can be equal to the income generated by mining, so that the narrative of Bitcoin ecology will be bought by Wall Street.
Currently, transaction gas revenue may only account for 15% of miners' revenue, and there is still a lot of room for growth.
Now is a good time to enter:
The industry structure has been initially determined, and inscriptions with active top communities will gradually show their strength in the future
The exchange has not yet fully opened up the listing of inscriptions. The current cumbersome Web3 wallet transaction method ensures that a large number of potential investors cannot enter in the short term, buying precious time for entry.
Or, you can wait a little longer, and it won’t be too late to enter the market after MMSS increases several times.
Well, today's article ends here. I am Crypto Lao K, an old leek who wishes you to get rich in the cryptocurrency circle.