History also shows precedents for cashshop MMOs that offer a reasonable price tag for cosmetics, and remain strong to this day. Consumers will expect a similar pricetag on a similar item in a similar game.
Examples that compete with Soulworker's niche: Vindictus, Dragon Nest, Elsword, Closers, (PSO2?). If this one turns out to be outrageously more expensive, that's a big minus for paying users, regardless of how not P2W it turns out to be.
If being extorted is a hobby of sorts, I'm sure China has plenty of browser games to offer.