Genshin Impact: Get Your Money Back Soon?

Genshin Impact: Could You Get a Refund?

Since its 2020 release, Genshin Impact has generated significant revenue from in-game purchases. However, a potential settlement between Genshin Impact’s developer, HoYoverse, and the Federal Trade Commission (FTC) could lead to refunds for some players.

FTC Settlement Looms

Bloomberg reports that the FTC is nearing a settlement with HoYoverse regarding Genshin Impact’s in-game currency system, which has drawn comparisons to loot boxes and online gambling. While details are undisclosed, player refunds are likely for those who spent heavily.

Genshin Impact’s Gacha System

Unlike traditional loot boxes, Genshin Impact uses a Gacha system. Players convert real money into in-game currency, then into another currency to “wish” for characters or items, with no guaranteed success. This system’s similarity to gambling is a key element of the FTC’s concern.

Industry-Wide Implications

The outcome of the FTC settlement remains uncertain, but it could pressure HoYoverse to change its in-game currency approach. The UK government’s stance of self-regulation within the video game industry, rather than enacting laws, highlights the ongoing debate surrounding loot boxes. The controversy surrounding similar systems in games like Hearthstone and Mario Kart Tour demonstrates the widespread nature of this issue.

Will You Receive a Refund?

Stay tuned for updates on the FTC settlement and its potential impact on Genshin Impact players. The situation underscores the evolving regulatory landscape surrounding in-game purchases and the ongoing debate about their impact on players.