Spider Tanks faces significant external threats that could hinder its sustainability and growth in the competitive Web3 gaming space. These threats include intense competition from other Web3 games, regulatory uncertainties, and challenges posed by blockchain technology and tokenomics. This report will focus on competition, regulatory risks, blockchain and tokenomic challenges, and player attrition.

• Intense competition from other Web3 games threatens Spider Tanks' market share, necessitating continuous innovation and player engagement strategies to maintain relevance.
• Regulatory uncertainties, particularly around cryptocurrencies and NFTs, pose significant risks to Spider Tanks' tokenomics model and play-to-earn mechanics.
• Blockchain and tokenomic challenges, such as volatility in cryptocurrency markets and the potential for network instability, could directly impact player earnings potential and game operations.
• Player fatigue and shifting preferences towards other blockchain networks or gaming models could lead to reduced engagement and player retention for Spider Tanks.