The problem Commeme solves

• High Risk of Financial Loss for Common Citizens: In the current memecoin market, many individuals fall victim to creators who promote and then abruptly abandon (rugpull) their coins, leading to significant financial losses for everyday investors.

• Zero or Negative Sum Game: The existing memecoin platforms often operate as zero or negative sum games, where the overall outcome leaves more people losing money than gaining, with no real value creation.

• Creators and Degens Benefit While Others Suffer: The current market structure heavily favors creators and degens, who exploit the hype and speculation around memecoins for personal gain, leaving the broader community at a disadvantage.

• Lack of Positive Impact or Value Creation: Most memecoin projects are driven purely by profit motives, offering no real-world benefits or positive impact, leading to a cycle where the common citizen is more likely to lose money without contributing to any meaningful cause.

Challenges we ran into

• Lack of Support for Testnets: Some blockchain networks didn't provide the necessary support for testnets, making it difficult to test and deploy the memecoin projects in a controlled environment.

• No Support for Anon-Aadhaar Verification: While attempting to implement anon-Aadhaar verification on-chain, certain networks like Polygon POS did not support this feature, requiring a shift to Polygon zkEVM.

• Smart Contract Bug: A bug was encountered where a mapping in the smart contracts led to a null address. This issue required several hours to diagnose and fix, delaying the project.

• Wi-Fi Issues in the Hacking Area: Connectivity problems in the hacking area further hindered progress, adding to the challenges faced during development.