StoryApp for Authors

StoryNest App

 

**StoryNest Profit-Sharing Program Overview**

At StoryNest, we are committed to fostering a community of talented authors and rewarding them for their contributions to our platform. Our Profit-Sharing Program is designed to empower and support our members by sharing 50% of the app's profits among 100 carefully selected authors. Here's a detailed explanation of how the program works:

1. **Equal Profit Distribution:**
- 50% of the app's profits will be evenly split among the 100 members of the Profit-Sharing Program.

2. **Income Based on Subscribers:**
- The income each member receives is directly tied to the number of subscribers to their works on the app.
- For instance, having 500 subscribers could yield approximately $5.00 per person, while 9000 subscribers might result in over $700 per month.

3. **Payout Threshold:**
- Payments will commence once the profit pool accumulates enough to distribute $50.00 to each participating member.

4. **Subscription Focus:**
- The profit-sharing model is not influenced by book sales or the time spent reading each book. Instead, it revolves around the number of subscribers to a member's works.

5. **Active Participation Requirement:**
- To remain an active member of the profit-sharing group, each author is encouraged to contribute by producing at least one book per year.
- This ensures that we have a growing library of content, attracting more subscribers and increasing the overall profit pool.

6. **Enforcement of Activity:**
- Failure to produce a book within the given timeframe may result in the removal of the author's works and membership from the profit-sharing program.
- This decision is made to give other aspiring authors on the waiting list an opportunity to join and contribute to the community.

7. **Pay it Forward Program:**
- While our Profit-Sharing Program has reached its maximum capacity, our commitment to supporting authors continues through the Pay it Forward program.
- As spots become available, we welcome new authors to join the community and benefit from the profit-sharing initiative.

At StoryNest, we believe in the power of community and collaboration. Our Profit-Sharing Program is a testament to our dedication to rewarding authors for their creativity and commitment to the growth of our platform. We look forward to the continued success and prosperity of our members.

Click Here to start the application process.