Want to avoid pitfalls in this market full of opportunities and risks? Learn these 5 evaluation principles to help you dodge over 99% of project traps.

**First, assess decentralization**
A truly good project should have a fully decentralized structure—no central authority, the initiator remains anonymous, and contract permissions are completely relinquished. Only then can you ensure there’s no room for internal manipulation.

**Second, check for early whale activities**
Did the project have hidden pre-mining or unfair distribution in its early stages? This is a key indicator for quickly identifying shady projects.

**Third, evaluate the innovation mechanism**
Is the mechanism design sufficiently unique and reasonable? Can the upward logic be coherently explained? Projects lacking logical support, no matter how flashy, are just illusions.

**Fourth, review contract security**
Has the code been audited? Is it 100% safe and reliable? This directly relates to the safety of your funds.

**Fifth, observe community consensus**
Does the community have a core group committed to building and holding long-term optimism? Projects without genuine consensus support are unlikely to go far.

By connecting these 5 principles, you can establish your own protective system for project screening.