- Edited
For all who are trying to ask for a subscription, I believe it is better suited for Wuxiaworld.com than Qidian.
Netflix has a huge customer base and they are burning money at this moment. They buy materials.
Likewise, WW is rumored to buy translation rights from the publishing company and translates them. They then divide the income based on page views (or that's what I have heard). Their income is also heavily dependent on patreon. As they are a group of translators like a group of friends, a subscription model is very appropriate for them and we can expect a future Crunchyroll or Netflix style model from them. Also, they control the number of novels translating and prefer to choose quality ones.
(Netflix is huge, while novel community is not so now)
I also recently got a hint that they want to install in site Patreon like system instead of using an external site. So there is a high chance that we can see patreon model release and locked chapters in WW (similar to premium but with more tiers.) Also a currency that has no monetary value but promoting novels.
So as a result of webnovel.com the competitive spirit has been ignited. Just they are really slow at it.
As for webnovel.com where new novels are introduced and translated each week, this is tough. They have a huge novel base and catalog which costs ton more $$$ if the rumored $30-$40 pay per chap is true. Then the translators get a cut of the premium revenue as well? They are at the customer gathering period but they need money. Instead of a flat rate subscription method, they want to use popular novels earn money which can cover for the growing translation salary paid. (Assumptions from rumors).
I want numbers. I want to know how big the reader base is. Based on the Promotion stone voting and app story downloads, I would like to assume there are about 20,000 or more active readers.
But many more features are yet to come.
Donations being one.
VIP system.
fill me up