Amazon is launching their new Kindle Vella program, a monetized serial fiction platform like Wattpad.
Wattpad does not pay authors and is free for readers, free to use, and has gained attention for some authors for some books - 1% of Wattpad authors gain recognition and publishing contracts. I've used it to develop projects (Liftoff). The benefit of Wattpad is the reader interaction, and the interaction between authors.
Kindle Vella promises the same kind of interaction, but the reader has to pay and the writer gets paid via token. From my understanding, authors get approx. 2 cents per token. However, an author can charge several tokens for each segment of the story, and readers by the tokens in batches of 100 for $1.99.
*So, the big question is, is it worth it?
Then, there are the small questions under that umbrella:
* Is it any different than Wattpad, really?
*Does having the reader pay change the experience and possibly change the interactions in the comment section (is this going to be troll land)?
I just opened up the latest newsletter from NYT Bestseller Beth Revis, and she is going to put out a book on Kindle Vella, with the first ten chapters already written and the next chapters created with reader input.
Beth makes it look cool, and it sounds like she really knows how to make it work well - using reader input to create her novel could be an awesome way to gain interest in her work and to create a unique author-reader connection.
The big difference for Beth Revis, of course, is she's already a bestselling author. She has a large audience already.
*Can a not-bestselling, indie author like me actually have any success/traction/benefit from the program?
Originally, I thought I wouldn't take part, but I'm considering it. I have about 15 starts on various novel projects wasting away in my files.
*Would it be worth it to take one of those and develop it?
What would you do? And, are you considering Kindle Vella an an author or a reader?
BTW - if the resounding response I get is positive, I'll be putting out a poll for which project you think I should try, with a choice of three options.