User Privacy:
- Balancing transparency with user privacy was a bit of a challenge. Striking the right balance to ensure user data protection while maintaining the required level of transparency can be a bit complex.
Smart Contract Risks:
- Smart contracts, while powerful, can contain vulnerabilities. Auditing and securing smart contracts to prevent exploits and hacks require expertise in blockchain development and security practices.
Funding and Sustainability:
- Developing and maintaining a decentralized platform requires funding. Developing a sustainable funding model, whether through token economics or other means, is a significant challenge.