JKaiya Contract doesn't guarantee you ANY money. The one thing that is certain, that if you earn less than 200$ in a month, it will be held back for as long as you need to gather more than 200$, because doing transfer for less than that incurs additional charges. In contract, you only earn 50% of the profit that your novel brings to the company, from all the sources being: unlocking the chapter with paid coins, unlocking privilege with paid coins or gifting with paid coins. All other sorts of unlocking (with bonus coins or fast passes) is worthless.
I said 300$ because that's about how much my first story earns a month so far, and how much I expect it to make this month (maybe less, maybe more, maybe babe I don't know) , but with one novel getting contracted as we speak and going premium somewhen in May, I can only expect my income to grow.
MGS - minimum guarantee system is just an additional program that rewards you with a set amount of money if you:
1. Earn less than it offers from all your sources of income (if you have 2 novels, one old and earning 250$ and the new one on MGS earning 10$, you won't get 450$ but 260$)
2. Fulfil the requirements to be edible for mgs (1500 words or more published EVERY SINGLE DAY during the entire month)
But MGS by itself is not a part of the contract. Just a nod from WN to authors aimed at helping them create certain patterns of work, while subsidising their income in the early stage of the growth.
As for my novels, they are:
"While others cultivate......." - Culitvationsque novel about a guy reincarnated in a cultivation world. Started as amalgation of all the cliches I could think off in order to make fun of them, but as my innate preference took over, it transformed into not-so-typical cultivation/adventure story, with world actually way deeper than simple cultivation, taking turn towards universal magic
"Road to the Crown" - my second novel, currently in the process of contracting, about a modern white-collar worker loving strategy PC games, transported to a body of a noble in 1574, during the coronation ceremony of the first Polish King that got elected by the nobility, its typical kingdom building slash historical story, mixing those two aspects to take you to a fun ride while showcasing some of the aspects of the complicated past of the commonwealth of Poland and Lithuania.
"Last Fate Legionary" - I can't really say anything about it yet, as its still unpublished an in process of writing early chapters, but its my first attempt at writing story in 3rd person narration after "Blood Coin" failure, aimed at dark fantasy genre in the medievalistic world full of magic with deep worldbuilding. Those who had the chance to read the first chapter pointed out that its more like a normal (amazon like) novel rather than typical WN story, but since I treat it as sort of my masterpiece made off all the shelved ideas I had so far, written with the ability I polished during the half of year I spent writing my current novels.
Avalondra All novels taking part in Spirity awards needs to be completely new novels. You can join only during the process of creating the novel, and it needs to be invited for a contract in order to even compete. (and yes, you need to sign it too)