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[$1000] NEAR Ready Layer One Hackathon Prize: Financial Hack
near, defi, finance
### NEAR Ready Layer One Hackathon Prize: Financial Hack
### Prize Bounty
### Challenge Description
At least in the United States, the economy has taken a turn for the worst. Many people are worried about the lasting economic impacts of this disruption across the globe. In the midst of this bank branches are closed, so getting cash and/or depositing money is much more difficult.
A successful hack
* Adds a creative solution to local problems regarding the exchange or management of currency
Start by cloning one of the examples in our online [IDE here](https://near.dev)
Follow [this guide](https://docs.near.org/docs/tutorials/zero-to-hero) to get to a head start.
Ready to start hacking locally? Check out [this manual](https://docs.near.org/docs/local-setup/local-dev-testnet).
More tutorials and references [here](https://docs.near.org/docs/roles/developer/quickstart).
Find teammates and join the conversation on our [discord server](https://discord.gg/4vV2ZqH) (join #near-at-ready-layer-one-hackathon channel if it doesn't take you there automatically).
### Submission Requirements
Please make sure that your submission addresses the following criteria:
* A working link to a demo of the application is required for submission
* Open source code must be submitted with the demo to be considered
* Submitted by the deadline
* Be the original work of an individual participant or a group project
* Built utilizing NEAR protocol
Additionally, we want to see some insights into your thought process that went into the idea generation and application development. Each submission will be evaluated on an individual basis.
### Submission Deadline
The hackathon will take place from May 6th to May 12th. The submission deadline is May 19th at 23:59 PM CET.
### Judging Criteria
An asynchronous panel of engineers will judge your hack. They will rate your project on a scale from 1-5 on the following grades.
* Conformation to challenge (E.g. how well does it solve the proposed problem)
* Practicality in the real world
* Originality and innovation
* Technicality of implementation
* Design and usability
The prize will go to one application that best meets the listed criteria.
Your application can qualify for several prizes.
### Winner Announcement Date
Hacks will be reviewed immediately at the end of the hackathon. We will announce winners within 48 hours of the end of the hackathon, but likely sooner. All winners will be announced in one group.
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