Anichess, developed by Animoca Brands, faces a dynamic and competitive Web3 gaming landscape filled with external threats that challenge its sustainability and growth. This report will cover: The Web3 gaming space is increasingly crowded, with new games emerging that compete for player attention and investment. Anichess must differentiate itself from both Web3 and traditional games to maintain its market position. Regulatory changes pose a significant risk to Anichess’s tokenomics model and its play-to-earn mechanics. Governments worldwide are scrutinizing blockchain technologies, which could lead to restrictions or bans on cryptocurrency use in gaming. Shifts in player preferences and volatility in cryptocurrency markets could also impact Anichess’s economic model. Anichess faces significant external threats in the competitive Web3 gaming landscape, including intense competition, regulatory challenges, and risks associated with player preferences and cryptocurrency market volatility. To mitigate these threats, Anichess must leverage its unique gameplay mechanics, adapt to regulatory changes, and diversify its economic model to ensure long-term sustainability.

• The competitive pressures from other Web3 games and traditional gaming companies.
• The impact of regulatory changes on Anichess’s tokenomics and play-to-earn mechanics.
• The risks associated with player preferences and cryptocurrency market volatility.
• Potential competitors include other blockchain-based games leveraging similar mechanics and traditional gaming companies entering the Web3 space, which could attract away players seeking more established platforms.
• The game’s unique combination of chess and spell mechanics is a strong selling point, but it may not be enough to sustain long-term engagement in a rapidly evolving market.
• The possibility of stricter regulations on cryptocurrency could negatively impact the in-game economy, potentially rendering Anichess’s tokenomics model ineffective.
• Play-to-earn mechanics might face skepticism under gambling regulations, especially in regions with stringent rules on pay-to-win models.
• Players may grow tired of play-to-earn models, favoring games that prioritize engagement over earning potential, which poses a long-term threat to Anichess’s player retention.
• Cryptocurrency market volatility could deter players from engaging with Anichess, as the value of their in-game assets could fluctuate unpredictably.
• The game’s innovative blend of chess and spell mechanics offers a competitive edge, but it needs to continuously evolve to remain relevant.
• Anichess will need to monitor and adapt to regulatory changes to sustain its tokenomics model and play-to-earn mechanics.
• Addressing player fatigue and cryptocurrency market volatility through diversified incentives and stable economic strategies will be crucial for retaining players and maintaining a robust in-game economy.