Inkshares

Inkshares is a website for aspiring authors to post their books in the hopes of being published.

Inkshares is a social platform that conflates the mechanics of crowdfunding with the distribution of traditional publishing to change the economics of book publishing. Authors submit book ideas. Readers share them, collaborate with their authors, and pre-order their books. They publish books that hit their pre-order goal. Because 'votes' are cast with money as pre-orders, readers end up subsidizing their production costs. This greatly reduces their risk profile, meaning if a book doesn’t sell, the worst they can do is break even. Inkshares probes for hits without losing money. And it’s because of this model that they can pay authors 50% of gross revenue for print sales and 70% for ebook sales. This type of royalty structure is unheard of in the publishing world.