Pirate Nation, developed by Proof of Play, faces several internal challenges that may hinder its success in the competitive Web3 gaming space. This report will examine the key areas where the studio falls short, including team expertise, scalability issues, and player onboarding.

• The leadership team's expertise primarily lies in Web2 gaming, which may limit their ability to fully navigate the complexities of Web3 technologies.
• Scalability issues, such as high gas fees and the need to migrate blockchains, highlight inefficiencies in the studio’s technical execution.
• The onboarding process is overly complex, requiring players to connect multiple accounts, creating friction for new users.
• The studio's lack of clear communication about roadmap updates and milestones has led to community mistrust and frustration.
• The game’s economic model, while innovative, faces risks of speculative behavior and token volatility, which could undermine long-term sustainability.