TE Waters submitted a post yesterday on Wattpad's latest experiment with crowdfunding:
I'm not sure if it's more Kickstarter or also more patronage-oriented. It's a really interesting idea given that the most popular of stories can average hundreds of thousands of readers.
I would guess that in this pilot phase they're only working with their featured authors.
Depending on how they execute this, to me, seems a little more fun and relaxed than Amazon's serial program.