The Amazon version of Kobo-plus, Kindle Unlimited, is great for self-publishers. As a writer, you get paid $0.005 per page read. However, this also leads to abuse and scams on a gigantic scale, reports The Guardian in an in-depth piece.
For instance, there are 'authors' who offer very thick books through the subscription system, offering readers in it a reward if they turn all 3000 pages and 'read through' all the way to the end. That's then a nice 15 euros per reader....
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