The problem 5ire NFT market place solves

One of the main problems it solves is the issue of provenance and ownership. In the digital world, it can be difficult to prove ownership and authenticity of digital assets such as artwork, music, and other creative works. This can lead to issues of piracy, plagiarism, and the loss of value for the original creators.

Our NFT marketplace solves this problem by providing a way to prove ownership and authenticity of digital assets. By creating a unique NFT for each digital asset, the owner can prove that they are the rightful owner of the asset and that it is an original piece.

Another problem that our NFT marketplace solves is the issue of monetization. In the past, it has been difficult for creators to monetize their digital assets because of the ease of copying and distributing digital content. This has led to a situation where creators are not fairly compensated for their work, and the value of their creations is diminished.

Our NFT marketplace solves this problem by providing a way for creators to monetize their digital assets. By creating an NFT for their work, creators can sell their creations on the marketplace and receive payment for their work.

The NFT marketplace also solves the problem of fragmentation in the digital asset market. In the past, there have been many different marketplaces for digital assets, which has led to a fragmented market with many different standards and formats. This has made it difficult for buyers and sellers to find each other and has limited the potential for growth in the market.

Finally, the NFT marketplace also solves the problem of transparency and accountability in the digital asset market. In the past, there have been issues with fraud and scams in the digital asset market, which has led to a lack of trust between buyers and sellers.

Challenges we ran into

The main difficulty Connecting the metamask wallet with our react app.(There were some errors with version so we got it clear)
Sometimes the NFT's were uploaded but the image wasn't showing. (There was bugs in our code)
Sometimes the NFT's were not minting.(Debugging the code).
We were also not able to connect 5ire with metamask.(Tried too much and shifted to ETH).