Why is miHoYo renamed?

The popular Chinese game dev team behind successful free-to-play games has recently rebranded as HoYoverse in order to denote a new era of its entertainment services. The developer seeks to expand past the realm of video games and into other forms of virtual entertainment.

Why did miHoYo change its name?

The Reasons Behind the Name Change

As previously mentioned, the main reasoning for this name change is for miHoYo to move beyond the confinements of game development and delve into a much wider portfolio of different technologies and business fronts.

Is miHoYo called HoYoverse now?

Aiming to expand its content production, technology research, and publications outside China, in February 2022, miHoYo launched the brand HoYoverse under its subsidiary Cognosphere Pte., Ltd. based in Jurong East, Singapore.

Why did Genshin change from miHoYo to Cognosphere?

Fortunately, the change appears to only have one purpose: facilitating more eligible payment options globally. miHoYo is registered in China, with headquarters in Shanghai, whereas Cognosphere is miHoYo's new proxy publishing label registered in Singapore.

Why does miHoYo not own Genshin anymore?

The reason Genshin changed their publisher was to avoid possible restrictions from the Chinese government. Mihoyo didn't make an announcement because they want to keep quiet and avoid conflict with the CCP. The entire company is moving to Singapore because the CCP is planning to take action against Mihoyo.

So miHoYo will end and become Hoyoverse it seems...

Why is it HoYoverse and not MiHoYo?

Genshin Impact studio miHoYo (via Kotaku) announced that it's changing its brand to HoYoverse. Like other companies before it, the company cites the reason for the change as its plans to expand its portfolio of content beyond just more video games.

Why did MiHoYo move to Singapore?

HoYoverse development will be focused in the city state

It will serve as a hub for “global distribution and operations” and work closely with other company offices. “Our team in Singapore will play a crucial role in broadening our global development and service network,” said HoYoverse and MiHoYo co-founder Liu Wei.

Where is MiHoYo moving to?

Genshin Impact developer MiHoYo has opened a new office in Singapore. This new location will serve as headquarters for its metaverse-related operations, HoYoverse, which was announced earlier this year.

Did miHoYo apologize?

Genshin Impact developer MiHoYo said in a statement to GamesRadar+: “We deeply regret the harm and damage that happened to our fans, gamers, community and anyone affected.

Why did miHoYo redesign characters?

Mihoyo is based in Shanghai, China, and the changes were supposedly made in order to keep character designs in line with Chinese regulations, according to a fan-translated post from Mihoyo.

Is miHoYo not Chinese anymore?

Mihoyo is still in China.

What is miHoYo doing with their money?

The funds will be used for R&D of a "small tokamak experimental device based on high temperature superconducting material, and advanced magnet systems that can be used for the next generation of high-performance fusion devices." What's a tokamak to you?

What do Japanese think of Genshin?

Players in Japan have mostly seen Genshin as either a homage to or a knockoff of the newest entry in one of the country's most beloved fantasy game franchises: The Legend of Zelda.

Why did China ban Genshin Impact?

A Genshin Impact player has allegedly been banned for 15 years for mocking the Chinese government and stating COVID-19 came from China.

Is Genshin controlled by China?

The game, produced by Chinese company miHoYo and released in 2020, has quickly gained global popularity since its debut. By July 2022, it had 4.7 million downloads and a monthly revenue of $82 million, making it one of the fastest games to reach $1 million in revenue.

Is miHoYo shutting down?

Unsurprisingly, the answer is no. The reason for the change is said to be due to the integration of various payment methods on Epic Games Store. According to miHoYo, “with more entities engaged, the publisher of Genshin Impact on Epic Games Store has been updated to COGNOSPHERE PTE. LTD.”

Why is it called Honkai impact?

The word "Honkai" based on the Japanese 崩壊 (ほうかい, "collapse" or "decay"), pronounced "hōkai", which is the direct translation of the Chinese 崩坏 (bēng huài) used in the original Chinese title.

Is Honkai owned by HoYoverse?

The HoYoverse legacy

Before Genshin Impact, HoYoverse (miHoYo at the time) was known for its ongoing Honkai series, but this is the company's first return to the franchise since the global success of Genshin Impact.

Did MiHoYo get sued?

Chinese game developer miHoYo, creator of Genshin Impact, sues Minmetals trust firm in a case of speculative investment gone bad.

Is Genshin still making money?

As of October 2022, the game reached $2.9 BILLION in revenue. Yes, you read it right. What takes years for most mobile games, Genshin Impact did in a matter of months. Note that these numbers refer only to the mobile version of the game.

What country is khaenri ah based on?

Norwegian/Norse definitely.

What is the oldest thing in Genshin Impact?

The Geo Archon, also known as Zhongli, is the oldest character in Genshin Impact.