So, I've been hearing that Webnovel is a pretty bad place for your novel, there's also the constant plagiarism going on there from what I hear. The question is do you like Webnovel yes or no? If so Why?
For me personally I have no beef with this website. Yet. It's just that they seemed to have generated fake views when you posted a chapter, that makes me kind of sad, and I feel like they lied to to me?
I tried researching more about this topic and dive in into webnovel so that I can personally have a taste of what the others are feeling as an author. And yes, I added my work there. No BS or hate - just pure logic of what I am seeing there.
Webnovel's platform - It's good. They have a very interesting site and one of the most visited e-novel platform. Just like what Ace has said. This place boasts a lot of readers. And just like any other site out there, I'm still seeing a lot of growth potential for their traffic - they're literally spending money. So, it is a good place if you want to get some exposure for your novel.
Webnovel readers -The readers are incredibly diverse. I have readers from kenya, south Africa, USA, EU, UK, US, Mid east, etc. There are a few bad eggs in the review section which just comment on anything they want simply because they need to earn some lvl exp. Yes, readers do level up over there. The higher the level the greater the powerstone (for voting novels) energy stone (for choosing possible new novels).
Webnovel author's platform - It's a good place since they provide extensive stats for you. From your views, valid reads, power stone earnings, reviews, collections, etc. The downside here is that they don't have any italics or bold. You also can't use special characters (you'll get police by their system). Their system also doesn't encourage Patreon or other donate sites. Nevertheless, if all you want is exposure its good. Oh, you also can't delete your novel but you can erase your chapters somehow and add that your on hiatus.
Webnovel Contract - this is a big issue for many. Of course even for me. They have a low barrier entry to get a contract so you can't expect much. Nevertheless, one thing is for sure. They do pay. And if your good, they do pay big especially if you are from low to middle-income economies which doesn't have much opportunity for publishing. Oh, based on what I am seeing - those countries with such economic status is their target author base. If your from EU or first-world country, you won't like their contract very much. Well, at least they won't force you to sign. I have a lot of online friends over there and they're earning. So as far as I know, they don't scam but their contract is a pain ain the ass and has a lot to improve on. I won't elaborate much on this since there's a lot of threads for this. It's only a matter of perspective. I mean, if they can pay you and you know that your novel can't earn like the big guys in Patreon - its a good deal. But hey, a piece of advice - read the contract properly, research, and ask questions. PS: they don't contract fanfiction.