Playeone
Well it s common sense everyone knows that Occidental are milk cow for the Chinese. While in China you got premium monthly membership to gain access to unlimited chapter you can dream on to get that for the English version. And while a Chinese translator cost less then an author (payed with a small salary and by the words)
All the Oney they get here is indeed because of greed.
But hey it s not like we have a choice, is there such site who provides novel for free?
Oh yeah there is, well when more people leave and stop reading there maybe they will know that we aren't only milk cow.
And stop the shitty let's support the translator I know some of them but come do we really need to support them that much so they win more then 5k usd a month for two chapters a day ?
Better take professionnal Chinese translator for 2-3000 rmb a month (well who knows if it s not the case right now)
1000 Chapters at 12 spirit Stones is 280$
Gamblejay Good one, cash cow t(- -t). I could see someone selling you the full Naruto anime by episode and you'd be ecstatic to hand over your parent's money.
Millman97 I give 2 thumbs up on the quality you guys produce for LoHP. Many of the novels make me cringe at the number of glaring errors (hint: 2 books with MMORPG in their titles) but your work is almost always perfect. Well done.
manapotion Thanks, your support means a lot :D TBH the quality is mostly due to Starve, I'm pretty much a glorified proofreader :sweat_smile:
So going from 1000 bonus SS to 100 bonus SS sounds fair to you?
ZeroAspect Its not like they hid anything, they straight up said it was a % Bonus limited time promotional deal. So the reducing doesn't part doesn't really bother me either way.
Though I don't think anyone would be against the lowering of prices I just don't foresee it happening.
Just looking at the price makes me cry.
untalentedgoblin Not sure if you know this, but the authors wrote these chapters years/months ago. There's no getting rid of the filler from our side. The only ones you might be able to influence with your proposed system are translators and editors.
Gamblejay You assume that the profit maximizing price is known. So far, they can't tell how the pricing has affected demand. Two months really isn't enough time to analyse if premium is optimally priced, especially since they started with a small subset to experiment with. SS revenue may have increased since early adopters may have been testing the waters. Readers may have bought first, calculate spending later. Those who later found the prices extortionary (possibly due to more novels later going premium) certainly won't support the system again. Relying on such first time buyers and whales is not sustainable. Viewership "increased" since many new accounts were made to farm SS.
You say that the accounts are sitting idle waiting for pay out. I highly doubt that. The revenue has probably been 70% invested. They probably expect that the average account will have a non zero balances due to the inability to spend fewer than 3 SS per transaction. There's also the threshold for SS spending on each chapter before bonus payouts are made, so the costs per chapter are almost fixed and the release rate is predictable as well, thus that cost is pretty much known. The share that qi get from variable contacts has probably already been 90% claimed since a minimum publishing share likely exists. What remains are reserve amounts in case they need to make a pay out. If this calculated amount is too low, then they can get the cash from their parent company. They may also limit pay outs to monthly periods with a several day calculation lag in order to cash out liquid assets quickly.
- Edited
Beware the expensive lure in front of you. It looks shiny and tasty, but it really isn't. Fishermen can only catch the fish that bite.
People seem to forget that if you buy premium chapters and run out, you're gonna have to wait a LONG time to let the free chapters catch up to the shit you bought. So unless you're patient, you're gonna have to buy more SS to be up to date lol
Gamblejay Qidian collects some of the data, but opportunity cost is next to impossible to measure.
How many people would have joined if it weren't for this scenario? Can you tell? Maybe you could guess, but who knows if some Youtuber will run across Qidian in the next year and boost its publicity tenfold.
If opportunity cost were that easy to measure, the stock market would be solved, and speculation would be worthless.
Bump
indeed
KoraL Agree to disagree, I run numbers off bi-weekly and monthly data for my company and have done so since I started it nearly 8 years ago.
It was Qidian and the TL themselves who said the money was in an Escrow Account. So believe it or don't but that was what we were provided with. And it was Qidian themselves who stated they have been paying out of pocket.
I'll agree they have most definitely taken a portion out but I don't imagine it's as big as you believe. Most likely to cover overhead costs because it's the beginning of the year, long as projection numbers show good there's no reason to rush.
By the way, TL just announced more premium releases for April 4th. That will now be 3 months of no change.
Bodhi i’ve experienced this myself
I basically dropped the novel because of this. I’ll be sticking to my one premium novel from now on.
Thats a lot of money
Haha yeh the spells they cast would be an entire paragraph of endless chanting instead of two words.....
Anyway some good discussion but as others mentioned it’s clearly a positive change on the $$ income for the company side therwise more and more novels wouldn’t be switching over with little to no announcements.
I still will hang on to hope for Netflix pricing, or reasonable novel pricing.
In any event I’m just using spirit stones on monster paradise, reading castle of black iron and a few others
Gamblejay nope. Because HP books has less fillers than novels where they tend to repeat what they say again and again