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Update:
I was hoping they make a subscription service...but they went with a pay per chapter model instead.
First 100 chapters are free to read. Then readers pay about $0.10 per chapter (about 2000 English words).
So a book with 80,000 words would cost about $3.99
They also have the gifting option for readers to donate to the authors.
They are also signing up ORIGINAL English novels. Popular ORIGINALS will get a contract.
If the royalties rate is 60% and an author has 1000 paying readers, then the author would earn
$0.10 per chapter x 1000 paying readers x 60% royalties = $60 per chapter
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