RPG games can often be confusing, and sometimes it doesn’t even have to do with the core mechanics. For example, in Dragon’s Dogma 2, when you create your character you also have to choose a Moniker. This can make new players wonder what the heck it’s doing, since you just entered a name, so why is it asking you again and giving you aliases to choose from this time? It also begs the question, does it affect your story or progression in any way? The answer isn’t what you might expect.
What is Moniker in Dragon's Dogma 2?
Monikers in DD2 are simply there to censor your name if the game deems it inappropriate.
Interestingly enough, this isn't really a new feature. The first Dragon's Dogma had it too.
No, no matter what name you choose, in-game dialogues NPCs or other characters will always refer to your character or Pawn as Arisen or Pawn. As such, it does not break immersion, but is only used to display during online play for players who may have parental controls enabled.