Tomoyuki "I want money but I don't want to sign a contract!" I think your more of a sis for not being able to do math lol, as long your writing isn't trash and you are actually serious more than the typical "I say I'm serious" authors (as mot honestly aren't...), you could make more than what the contract offers by selling it on amazon and stuff in the long run once you get it together, yeah you most likely won't get $200 for when you start... but signing a contract just for that much a month is stupid. Of the tenish authors friends and my parents friends that I know in real life, a majority of them are able to make a living from it, while (I'm assuming) most WN authors are not able to make a living from just their books on WN, though yeah you can make money. If your books good enough and you want up front money you might as well just go to a actual publisher as they at least offer 1k+ advances. Last I know of you lose all copyright and even if you don't sign it you will still gain 50% of the coins.
But online novel topics/themes are also usually different from whats traditionally sold, so even if you decide to publish something that did great on WN it might make barely anything on Amazon, especially if you have no fanbase. For example in America average income of 100 fiction authors is 100k, split that its 1k. However, its heavily skewed as one prob makes like 75k another 20k, another 4k, while the rest is split up while some may not even make anything. However even that is skewed... as it counts any fiction author who has went in to sell it for money, realistically most authors even though they say are serious are honestly that much... Like for example only make one book. Idk if you read rookie/unknown works on Amazon before but most are really garbage, kinda similar to WN in a way with originals as any1 can make it. Idk data about WN incomes, but I remember reading some forum posts couple months back that they weren't that much, at least for the average somewhat well off in rankings.
Though its circumstantial. For example if it's your first ever book with no fan base, might be a good option as you get money while you build one, or like unless you want a faster path to more fans cause of features and faster money, it's dumb to sign the WN Slave contract (at least base on what all you people put and I'm not going to explain...). Though yeah, if you are just doing it for a hobby, not serious enough, english second language, ok/bad writing/story, blablabla, than yeah, contract is definitely a good option. Like for me, I'd be okay with selling the copyright while still gaining the passive income and signing that contract if it was one of the top 3 because that's what most publishers would offer you too, except the revoking of copyright part. But I started reading a lot cause of NovelUpdates, WuxiaWorld, and WN so... I wouldn't mind trading it for that because I like comments unlike ebooks and held books
Also ty for link, I'll check it out now.