Publishing platforms Unbound and Kindle Scout

This is third in our series of posts about crowdfunding. This post will look at funding sites which are specifically for writers.

Unbound – 

Unbound is a UK based crowdfunding site. Authors pitch their ideas for books. Unbound decides how much each book will cost to produce and then invites Unbound members to pledge their support. If there are enough pledges to cover costs then the book will be published. Each pledge is rewarded. The rewards can include copies of books, event tickets or experiences. For example: currently Erica Wagner is looking for pledges for an anthology celebrating the life of author Alan Garner. The reward for a £150 pledge includes two tickets to the launch party which will be held at the Bodleian Library in Oxford. 

Kindle Scout – 

Kindle Scout is a platform where readers help decide if a book receives a publishing contract. Writers submit their books for approval by Kindle Scout and, once approved, readers are invited to nominate. The more nominations a book receives the more likely it will  be selected for publication. Campaigns last 30 days. Selected books are published by Kindle Press and writers receive 5 year renewable terms, an advance, 50% eBook royalty rate, and featured Amazon marketing. Everyone who has nominated a chosen book receives a copy and is invited to review it.

With many thanks to Melissa Brown (melissarbrown.wordpress.com) for the above info.  Next week we will hear from Melissa herself about the best way to go about crowdfunding.