Ghost Ivy, the studio behind Haven’s Compass, faces internal weaknesses that could hinder its ability to compete effectively in the Web3 gaming space. The studio’s leadership team, while experienced in traditional gaming, lacks substantial expertise in blockchain technology and Web3 gaming, which may limit its ability to navigate the complexities of this evolving sector. The absence of detailed information on the team’s previous experience and educational backgrounds further complicates the assessment of their capabilities. Moreover, the studio’s approach to community engagement has been criticized for its lack of structured communication and transparency, potentially eroding player trust and engagement over time. This report will cover:

• The leadership team’s limited blockchain expertise and potential gaps in their skill set.
• The lack of transparency around the team’s qualifications and experience.
• Ineffective community engagement practices and their impact on player trust and long-term engagement.
• The studio’s challenges in meeting development milestones and the resulting concerns about its execution capabilities.