MotivatedSloth Did you ever take into account that a novel for which you would have to pay 100$ (excluding promotions, free reads, discounts, fast passes and any events that frequently happen despite the tears of blood of the authors/editors) you would get 100 /0.02 = 5000 coins = 1 000 000 words. Normal novels are around 80-100-120k words, so by taking the average of 100k words/novel, what you just called a single book, is actually a series of 10 consecutive tomes. I know its counterintuitive for those ignorant (not trying to insult you, just a fancy word to signify the lack of knowledge) about this matter, but what you take for a single novel here is often longer than entire series written by traditional authors.
MotivatedSloth: I agree with 99% of what you say in these posts and I thank you for writing them (so completely and often!), but I feel you are hurting your overall arguments because your point that WebNovel is not expensive in bulk is simply not true.
WebNovel's prices are very reasonable (IMO) for on-going translations and daily chapter updates. But for bulk reading (completed novels), they are quite expensive compared to the alternatives.
There are getting to be enough translated webnovels out there on Amazon and Wuxiaworld (the other two major legitimate sources that I know of) to compare.
Amazon:
Way of Choices 4 books, avg 500 pages, cost/book $4. So cost per page is .8 cents
Coiling Dragon 8 books, avg 900 pages, cost/book $3.88 So cost per page is .44 cents
Godsfall Chronicles 8 books, avg 880 pages, cost/book 3.88. So cost per page is .44 cents
City of Sin 6 books, 6 books, avg 250 pages, cost/book $3. So cost per page is 1.2 cents
I Shall Seal the Heavens, 9 books, avg 1200 pages, cost/book $5. So cost/page .42 cents
Doomed to be Cannon Fodder, 6 books, avg 275 pages, cost/book $3, So cost/page is 1.09 cents
Amazon print page equivalents are about 300 words/page (I've seen 350 quoted as what Amazon uses, but most actual measurement surveys are in the 280-310 range for fiction.)
WebNovel costs 2 cents/coin base. Figure 15% bonus for normal top up purchases and another 5% for other promotions including fast passes (for bulk reading, you are not typically using many fast passes). Costs are 200 words per coin. So cost per Amazon page is 2.5 cents.
Thus WebNovel charges 2 to 6 times as much as Amazon. As a confirming check of the math, I Shall Seal the Heavens is available on WebNovel. It is 1571 paid (+40 free) chapters, at an average 11 coins/chapter (I looked at 50 chapters starting at 1000). Roughly 17300 coins to read it all, or a cost of $288. Total Amazon cost is $45. Again, a factor of 6 times more expensive than Amazon.
Wuxiaworld offers most of its completed translations for sale as ebooks. I can't find a public link to the ebooks, but if you have an account, click on your avatar and then "My ebooks". They offer 32 books for sale with prices ranging from $15 to $80 (Sovereign of the Three Realms, 2376 chapters, is the only $80 book). They have I Shall Seal the Heavens, at $55. More than Amazon, but still one fifth the cost of reading it on WebNovel.
I value and support WebNovels ongoing translations. But they need to find some way of monetize their bulk reading for much less than they do; they are way more expensive than they should be (as I think they know).