The Future of Finance Writing Contest 2022: Round 1 Results Announced!

1. Set up an account on HackerNoon
2. Check out the #Future-of-Finance Writing Competition's rules
3. Pen your story and submit it with #Future of Finance as one of the tags

How do we shortlist the best stories?

• Number of hours read
• Number of people reached
• Freshness of the content

Here is the list of our top 10 contenders:

1. Elon Musk Sees a Recession Coming. Here Are 3 Ways to Protect Yourself by @ras2.
2. PONZI-FI: Why Passive Income in Crypto is a SCAM by @numerouno
3. 3 Types of Good Debt & How You Can Make Them Work for You by @alexng
4. Build to Rent DAO: Pioneering the Concept of 'Rent-to-Earn' by @0x180db
5. Could Tether (USDT) Go the Way of Terra USD (UST)? by @Gautam
6. How to Find New Cryptocurrency Projects by @cryptoengineer
7. Worried About Bitcoin Price? Let Data Lead the Way by @ras
8. Why Liquid Staking Benefits the Crypto Ecosystem by @mohakagarwal
9. The Crazy Rise of Crazy Eddie: How an Electronics Store in the 80s Tricked Investors by @strateh76
10. What Is Impermanent Loss? by@talktomaruf

Winners!

In the first place: The Crazy Rise of Crazy Eddie: How an Electronics Store in the 80s Tricked Investors by @strateh76

To avoid paying taxes, the head of Crazy Eddie hid profits, paid "black" wages, and fooled the auditors by introducing them to the store's female employees. Soon he thought of a bigger scheme - to go on the stock exchange at an inflated valuation. But in the end, he failed because of competitors and a split in the family.

3 Types of Good Debt & How You Can Make Them Work for You by @alexng has won the second prize!

As an alternative to requiring a large sum of money in advance, many lenders allow you to finance your closing expenses as part of the loan. Remember that adding such charges to the loan merely raises the total amount that accrues interest, which will eventually cost you more.

In the third place, we have How to Find New Cryptocurrency Projects by @cryptoengineer

Over 13000 crypto projects are available and this number is growing every day. Many of them are scams, don't have a business sense, or are managed by inexperienced teams. For these reasons, people often fail to score profits due to a lack of cryptocurrency understanding

To navigate in this space, we need a framework to narrow the scope of our findings because cryptocurrency research takes some time. This process is called screening, or pre-selection.