- Personal Finance»
- Income & Making Money»
- Making Extra Money Through Odd Jobs
Revenue Sharing Online Writing Website Wikinut
Revenue sharing is a way for a website to pay for its content on a sliding scale, with more money paid to writers who earn more for the site. This is accepted by many Web writers as a way of earning more for online work than is generally paid in up-front article payments. For other freelance writers, revenue sharing is shunned because of the possibility of earning little to nothing for the work.
Wikinut is an online writing website that offers Web writers a share of the revenue that their written items generate for the site. The site allows writers to sign up for membership with the site and then to publish how-to articles, essays, informational articles, reviews and other non-fiction pieces. The items publish on the site and are monetized with ads. Each writer gets paid to write based on a percentage of what each written items earns. That percentage is a portion of the ad revenue generated by each item.
Get Paid to Write for Wikinut
Writers receive 50 percent of the ad revenue that is generated by either of their works. Moderators for the site receive 5 percent of the ad revenue for the pages that they reviewed. There is a referral program that gives referrers 5 percent of the ad revenue for each page written by a Wikinut member who was referred by that member. There is no cost involved with signing up for Wikinut as a freelance writer and there is no charge for publishing articles.
Earning Residual Income Online
As of now, Wikinut promises to pay writers residual earnings as long as their work is on the site. Wikinut also gives writers complete ownership of their works, claiming no rights over works published on the site. However, the site also states that writers grant Wikinut "worldwide, non-exclusive, royalty free, permanent irrevocable perpetual right" to reproduce, display or modify the works that are published on the site. Though Wikinut is generally getting positive reviews from users, there have been several sites that have reneged on the same agreement over the past few years.
HowtoDoThings and Mahalo have both stopped payment on residual payments in the past two years, changing their terms of service to take ownership of the work published on their websites. eHow also changed its terms of service to take ownership of published articles, though it still pays a revenue share on some of them. Writers are encouraged to be cautious when doing work for a revenue sharing site because of the history of these sites.