Alex Calvin, Wednesday, February 24, 2021, Greenwich Mean Time
Developer miHoYo estimates that the ongoing development will cost US$200 million per year.
Free game smash hit budget Yuan Zhen shock It is reported to be 100 million U.S. dollars.
According to the president of the developer miHoYo Cai Haoyu, he told the Chinese publication 16p: Translated by Twitter user AeEntropy -The production company spent $100 million. In addition, the executive also believes that Genshin Impact will carry out an annual development budget of US$200 million for the project.
Although we are now accustomed to the “game-as-a-service” business model, it is just to keep these projects going. It needs to see how much investment the company needs to make.
Currently, Genshin Impact alone has 700 people working, accounting for about 29% of miHoYo’s 2,400 employees. Looking ahead, the company plans to release new products every three to four years. miHoYo It also plans to open a research and development center in North America.
Genshin Impact was launched in September and is suitable for mobile devices as well as PC and PS4. Within four days of its release, the game has been downloaded 17 million times on mobile devices alone, and it is estimated that the game received $50 million in revenue in the first week of release. According to data from research company SuperData, “Genshin Impact” is the highest-paid game based on September’s digital revenue.
In the first two weeks, Genshin Impact’s revenue has exceeded 100 million US dollars, which is clearly the largest IP new game release for Chinese developers.
Genshin Impact will appear on PS5 and Nintendo Switch at some point in the future. Thanks to the backward compatibility with the PS4 version, the game runs at 60 frames per second on the PS5.