[MSFNW26] Update project description

[tunazxia]

Notion ticket link

Dev Onboarding

Implementation description

• Updated project description

Steps to test

1. Review the updated README

What should reviewers focus on?

• correctness of description

Checklist

• My PR name is descriptive and in imperative tense
• My commit messages are descriptive and in imperative tense. My commits are atomic and trivial commits are squashed or fixup'd into non-trivial commits
• [] I have run the appropriate linter(s)
• I have requested a review from the PL, as well as other devs who have background knowledge on this PR or who will be building on top of this PR

[stse3]

looks good!