I used Tapas for a while. I just pulled my web serial from it, actually. Their system lets you unlock ad revenue at 100 subscribers and tipping at 250. I'd say they're established as a webcomic host, and less so (but getting there) as a novel host.
I pulled my serial from the platform because it just wasn't worth the time. There are issues copy + pasting your work (you lose all the italics, there are no line break options, and it copies hyphenations between words that you'll have to delete). They also have a 15,000 character limit for each chapter, which meant that most of my chapters got split into two "episodes". After all the manual work of re-inserting italics and fixing this and that, I would get maybe two views per update. And this is coming from a serial that got a visibility boost during the first couple of weeks thanks to editors' pick.
If you go on the Tapas app, you'll see scrolling down the front page that it is covered with premium, pay-to-read content. All of the 'community works' are squashed into a couple of text links at the very bottom. It's been this way for awhile.
Money-wise, a community novel with 50 subscribers is something special, and 100 is phenomenal. 100 is enough to unlock ad revenue...which I've read from forum threads makes you 20 cents a month. You'll need to make $25 to be able to cash out.