Challenges

Note: Data in this section last updated September 12th, 2022

While the potential of Web3 is immense, the space also has its share of challenges. Among the most notable of these are:

• High fees

• Limited traction

• Volatility

• Environmental concerns

• Limited interoperability

• Miner-Extractable Value (MEV)

• Poor user experience

• Usage by criminals and terrorists

• Hacks and scams

• Lack of legal and regulatory clarity

Let’s take a deeper look into each of these concerns... 👉