The problem Suvisa NFT Marketplace solves

Current NFT Marketplace Scenario
The current market leader Opensea is the centralized governance marketplace that means though the underlying blockchain technology is decentralized, the platform itself is centralized. Moreover, it charges 2.5% as platform fee for every transaction. It has yet to deliver the infrastructure required to democratize the decision-making process. We have witnessed some very questionable decisions taken by the team.
Decentralized governance marketplace, LooksRare volume continues to fall as tiered reward system loses its sparkle and loss of faith in the project due to wash trading. 95% of volume was claimed to come from wash trading. Another project Rarible, facing token inflation problem, is planning to utilize the platform fee to burn its token and maintain proper balance in demand and supply.

Our Project: Suvisa Marketplace
We developed a community based marketplace which provides full authority to its stakeholders unlike opensea. 1% of transaction amount is charged as platform fee which is then distributed to stakeholders in WETH and SVS token. Moreover,this platform allows stakeholders to vote on various proposals, from development direction to governance decisions.
Some percent of the total collected fee (in WETH) is transferred to WETH pool from Fee collection pool to get equivalent (in value) SVS tokens in SVS pool. This is done on daily basis and total WETH in WETH pool keeps on increasing. This pool is supposed to be used in some emergency cases or may be in burning SVS tokens in future to tackle with token inflation like RARIBLE.
Most significantly we don’t incentivize users based on the transaction volume and don't provide Ponzi-looking staking reward which eliminates the wash trading seen in LooksRare.
(Please do check the paper for good understanding of tokenomics including reward system.)

Challenges we ran into

1)Designing tokenomics was tough. We discussed a lot and finally figured out tokenomics with proper reward mechanism.
2)Got some problems integrating front-end with the blockchain but finally managed to pull it off.
3)Designing a mesmerizing UI is also another problem we faced during development. We took suggestion from our friends to improve our UI.
4)Although after integrating and making a user friendly we came across a lot of bugs in our code which was really difficult to locate.

Features:
Deployed on Mumbai Polygon Test Network
Use of IPFS
User-Friendly Interface