With dialouge written in a light, humorous style, the Child of Fate takes a very causual approach to his/her role and is initially seen as very underwhelming by more than one NPC -- and not just the villans, either. As each player progresses further through the game and completes quests, they will earn the respect of the NP Characters, though enemies still refuse to see any Child of Fate as a legitimate threat.
Outside of being assigned quests, a player's status as savior of the world is rarely addressed. The title of hero is applied only once in events, with the establishment of the Whispers' Arena. However, even on its own in-game icon this event is simply labeled 'Arena' and the shortened version of the name has taken root with players.
While perhaps a stretch, there is one Child of Fate who gets to hold the mantel of a hero: the leader of the winning Godly Challenge team. Within the cities of El Alamein and the City of Oracles, there is a statue that each player can worship once per day for an item-based reward.