Wattpad Launches New Self-Publishing Crowdfunding, First Revenue Model For The Social Network
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crowdfunding%20platform%20called%20"Fan%20Funding"<%2Fa>%20which%20offers%20authors%20on%20its%20network%20the%20chance%20to%20leverage%20their%20huge%20followings%20for%20raising%20capital%20towards%20creative%20works.%20It's%20like%20a%20Wattpad-housed%20Kickstarter%20for%20creative%20projects,%20but%20there's%20good%20reason%20Wattpad%20users%20would%20use%20it%20over%20the%20more%20established%20alternatives.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.bookbusinessmag.com%2Faggregatedcontent%2Fwattpad-launches-self-publishing-crowdfunding-revenue-model-social%2F" target="_blank" class="email" data-post-id="6354" type="icon_link">
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Wattpad, the Toronto-based social network based on writing and reading, has just announced a new crowdfunding platform called "Fan Funding" which offers authors on its network the chance to leverage their huge followings for raising capital towards creative works. It's like a Wattpad-housed Kickstarter for creative projects, but there's good reason Wattpad users would use it over the more established alternatives.
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