It’s not impossible for it to work out alright for wattpad, but I think an explanation of royalties and advances would be necessary. It also depends on wattpad’s ability to retain readers to actually pay for books as the site’s marketability up to maybe 2 years ago was that it was free. As it moves into publishing- it will most likely experiment with books with high fanfare like those mentioned above. It all depends on the audience.
It could either be well received or die soon out the gate. There’s also a mention of choosing stories based on certain mechanics that they find to be successful in the music- which feels like what they said about the wattys. It’s all sounds like a game to me if I’m honest. Game of chance or something akin to that…
But good luck to them, and all the best to the chosen authors XD
It will be an interesting trial run.
What are your thoughts?