You can withdraw your bonuses only when your novel generates at least 50% of the bonus amount in royalties.
For example, your First Release Bonus is $100. This means that your book should earn $50 so you can withdraw your bonus.
The same logic applies to the Exclusive Completion and Signing Bonuses as well.
However, there are no royalty thresholds for the Outstanding bonus and the MAB.
We have First Release, Exclusive Signing, Exclusive Completion, Monthly Attendance and Outstanding Bonuses.
▸The First Release Bonus is a welcome reward for joining our platform.
▸The Exclusive Completion bonus is a reward for finishing your exclusive book.
▸Monthly Attendance Bonus (MAB) is for those who actively continue writing.
▸Outstanding bonus is an award for the most successful novels with 100k Words + and 250,000 Views within 6 months after signing the contract.
We offer a First Release Bonus of $100 for the first Non-exclusive book and an Exclusive Signing of $150 for every Exclusive book.
The criteria is to have over 50,000 words and a signed agreement. You need to earn at least 50% of the bonus to withdraw.
Monthly Attendance Bonus is a reward for writers who consistently update their Exclusive book. Check the “Monthly Attendance Bonus” section below for more details.
The Exclusive Completion bonus is a reward for finishing your exclusive novel. To withdraw the bonus, you should mark the novel as Complete and earn 50% of the bonus in royalties.
The amount of the bonus depends on the book’s length:
- If the novel contains 100,000 - 149,999 words the bonus is 200$
- If the novel contains 150,000 - 199,999 words the bonus is 300$
- If the novel contains more than 200k words the bonus is 400$
Outstanding bonus is an award for the most successful novels with 100k Words + and 250,000 Views within 6 months after signing the contract.
Outstanding Bonus applies to both Exclusive and Non-Exclusive types of contracts.
We offer two types of royalties, and they depend on the contract type. For an exclusive contract, you can choose to either receive a 15% share of gross revenues or a 60% share of net revenue. For a non-exclusive contract, you can choose to either receive a 10% share of gross revenues or a 50% share of net revenue.
Net revenue is gross revenue minus marketing costs, transaction costs, store commissions, and other expenses.
Gross revenue is the total number of coins users have spent on a particular book before any deductions.