Ubisoft's internal weaknesses in its transition to Web3 gaming with Champions Tactics present significant challenges that could hinder its ability to compete in the rapidly evolving blockchain gaming market. The studio's reliance on traditional gaming expertise, coupled with limited public evidence of robust Web3 integration capabilities, raises concerns about its ability to navigate the unique technical and economic complexities of blockchain gaming. This report will cover:

• The gaps in Ubisoft's leadership and operational team's experience with Web3 technologies, which could impact the game's blockchain integration and technical execution.
• The studio's reliance on traditional gaming practices, which may not fully align with the decentralized and player-centric ethos of Web3 gaming.
• The challenges in meeting development milestones, as seen in delays in the minting of playable characters, which raises questions about the studio's ability to execute its roadmap effectively.
• The potential for market inflation due to the game's crafting mechanics, which could destabilize the in-game economy and reduce NFT value over time.
• The lack of detailed transparency in roadmap updates, which could impact player trust and community engagement, key drivers of success in Web3 gaming.