Have you heard the news? Amazon just announced the Kindle Vella system. This is sort of “Wattpad on Amazon,” as a quick recap will show you:
- You publish your book, one chapter (“episode”) at a time. Episodes are between 600-5,000 words long.
- Readers find your story in the Kindle Vella store on Amazon.com and in the Kindle app on iOS. They can start reading using their Tokens.
- Readers can buy Tokens for as little as $1.99 (for 200 Tokens).
- To give readers a chance to check out a story, they can read the first three episodes of every story for free.
- To unlock later episodes, readers must purchase and redeem Tokens. The number of Tokens needed to unlock an episode is determined by the episode’s word count at the rate of one token per 100 words. For example, it takes six Tokens to unlock a 638-word episode.
- Authors earn…
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