Phantom Galaxies, developed by Blowfish Studios, faces several internal weaknesses that could hinder its success in the competitive Web3 gaming space. These weaknesses range from leadership gaps and team instability to challenges in Web3 integration and economic sustainability.

• Leadership gaps: The team lacks explicit Web3 expertise, which is crucial for navigating blockchain technologies and tokenomics effectively.
• Team instability: Significant layoffs have raised concerns about the project's continuity and the studio's ability to meet development milestones.
• Complex Web3 integration: The game's NFT and tokenomics systems are criticized for their complexity, which may deter non-crypto-native players and limit accessibility.
• Economic sustainability issues: High initial costs, coupled with uncertain earning potential, could create barriers to entry and deter long-term player engagement.
• Security vulnerabilities: The game has faced significant security breaches, such as the Discord hack, which eroded player trust and highlighted the need for robust security measures.