# Challenges

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... :point\_right:


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