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If Wattpad is EVER going to be a place for top tier authors similar to how qidian is in China (providing million of USD in royalties each year for the top web novel writers), then Wattpad will need to provide compensation for authors.
If not, Wattpad will become like a "farm system" instead of the "Major."
Web novel has the ability to put Kindle ebookstore out of business one day.
Superior form of publishing will win out in the end.
That's why Amazon created a Wattpad rival.
And that's why Amazon will likely purchase Wattpad in the near future.
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