Our Coin System
Our platform features a coin-based unlocking system that allows readers to use coins to access scheduled chapters before their official release.
Setting Up Scheduled Chapters
- Scheduling:
- Before posting a chapter, fill in the “Select scheduled datetime for chapter” field to set its release time.
- Assign a “Coin Value” to determine the unlocking cost.
- Default Pricing:
- If no price is set, our system automatically assigns a default cost of 10 coins.
- Note: A background process runs every 5 minutes to update unpriced scheduled chapters (0 coins) to the default 10-coin value.
Accessing Scheduled Chapters
- After scheduling, the chapter will appear under the “PAID CHAPTER RELEASES” block on the novel’s index page.
- Readers must pay the set coin amount (default: 10 coins) to unlock it early.
Post-Release Changes
Important: You cannot manually adjust the price of a published chapter—it will automatically reset to 0 coins shortly after release.
Once the scheduled release time passes:
The chapter becomes free (0 coins) for all readers.
This is enforced by an automated process that runs every 15 minutes.
Coin Distribution for Unlocked Chapters
When a reader pays coins to unlock a scheduled chapter, the coins are distributed as follows:
- Author Earnings: 80% of the coin value.
- Platform Fee: 20% of the coin value (covers administrative costs and transaction fees).
Example:
If a chapter costs 10 coins:
- You receive: 8 coins (80%).
- Admin receives: 2 coins (20%).
Important Note:
The 20% admin share includes transaction fees (such as PayPal or bank card processing costs) and reader purchase discounts. After deducting these fees, the platform’s actual net revenue is typically 4%–8%, not the full 20%.
This ensures fairness while covering necessary operational expenses.