Wattpad is Experimenting with Kickstarter-Like Fan Funding

Online writing community Wattpad is testing a new program that would let fans help fund projects. The pilot focuses on the work of six writers. Readers can sponsor their favorite writers in the group to help them fund a story, an eBook, or professional services for a work such as editing, design or distribution, in exchange for rewards. Rewards for books include such things as having a character in a story named after the donor or getting a signed copy of a book once it is published.

Here is more from the press release:

The first wave of Wattpad fan funding includes campaigns by Brittany Geragotelis, author of Life’s a Witch which started as a story on Wattpad and was published by Simon and Schuster last year.

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