Kuroro Beasts, a Web3 game on the Ronin blockchain, faces several external threats that could impede its success in the competitive Web3 gaming space. This report will cover:

• The extent to which competition from other Web3 games poses a threat to Kuroro Beasts's market position.
• The risks posed by regulatory changes to Kuroro Beasts's tokenomics model and play-to-earn mechanics.
• The potential impact of cryptocurrency market volatility on Kuroro Beasts's economy and player earnings.
• The risks associated with player fatigue and the broader adoption challenges of play-to-earn models in Web3 gaming.
• The potential impact of network congestion and scalability issues on player experience in Kuroro Beasts.
• The risks of security vulnerabilities and their impact on player trust and retention.