Webnovel.Forum

Andrzejsaw Hi, Im a contracted author.

1. Yes, you're not being scammed so its safe.
2. You still own your work, that will not change, HOWEVER, with the contract you grant them the license of the entire copyright. Which means you grant them the rights in the following; Physical Publication, Audio Adaptation ans Electronics. They have the right to produce it in any media or in any form such as Comic, Audio Book, Drama Adaptation and etc.
3. NO, you don't have to use even a penny. However if you want to hire proofreaders or editors to make sure your novel is without any errors then you really have to invest. But aside from thst you dont need to pay for anything.
4. DISADVANTAGES:
5. your book will forever only be in webnovel (once you sign the contract, its there forever, except of course if webnovel will reproduce it in different forms.)
   -although it states that an author is entitled to 50% of the overall income of the book, youll actually just receive 30% because the 20% is for— I forgot what it is for— but is for the company that changes coins into dollars. (I dont think this is really a disadvantage but I just wanna say this here as some people dont really know about it)
   If you still have questions, dont hesitate to ask them