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Market
Will Cognosphere block children under 16 from in-game purchases by June 30, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement from Cognosphere or FTC verification
Story
Genshin Impact Developer Cognosphere to Pay $20 Million and Block Children Under 16 from In-Game Purchases to Settle FTC Claims
Jan 17, 2025, 08:46 PM
Cognosphere, the developer of the popular video game Genshin Impact, has agreed to pay a $20 million fine to settle Federal Trade Commission (FTC) allegations. The FTC claimed that the company deceived players regarding the costs associated with winning in-game prizes and mishandled the data of minors. As part of the settlement, Genshin Impact will also implement measures to prevent children under the age of 16 from making in-game purchases without parental consent. The FTC highlighted that the game misled players, including children and teens, into spending substantial amounts of money on prizes with minimal chances of winning.
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Similar markets
Yes • 50%
No • 50%
Regulations in discussion • 25%
State-level regulations introduced • 25%
Federal regulations introduced • 25%
No new regulations • 25%
Decrease by less than 10% • 25%
Decrease by over 20% • 25%
Decrease by 10-20% • 25%
No significant change • 25%
Parental consent systems • 25%
Content filtering and monitoring • 25%
Age verification technology • 25%
Other methods • 25%
Yes • 50%
No • 50%
Other • 25%
New monetization strategies • 25%
Expansion into new markets • 25%
Enhanced parental controls • 25%
Full compliance • 25%
Non-compliance • 25%
Undetermined • 25%
Partial compliance • 25%