syndicate credit for books that didn't make it ...

Created over 2 years ago by Joni Dee with 13 comments
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15230176 Joni Dee · Author · added over 2 years ago
ok so the initial funds allocated were the bug, i thought the refunded one ! thanks for clarifying @Jeremy Thomas u see when u speak slowly i understand :D
15230176 Joni Dee · Author · edited over 2 years ago
@Jeremy Thomas thanks for that Jeremy but if u look at Thriller Night which only backed three books so far. we backed books that were all 10$ or 20$ and still the credit allocated was 6.99 7.99 & 5.99 ... what’s the logic? 
15230176 Joni Dee · Author · edited over 2 years ago
@Jeremy Thomas can you talk slowly that the UK viewers understand as well? Why are the credits allocated as less than 10$ to begin with? I mean, what’s the logic here?  What’s a "purchase amount" ? I see 10$ as the e book price for all three books the syndicate had funded ....
Portrait Christopher Huang · Author · edited over 1 year ago · 1 like
I am going to go to bed tonight thinking of ways to create a giant dummy project that would appear legit but certainly fail (maybe something involving Hitler in the Springtime) or ways to engineer a situation where a syndicate would be entitled to a refund from an actual, existing, expensive book.

This is what you get from dealing with Crime/Mystery/Thriller writers, @Jeremy Thomas .
Portrait Christopher Huang · Author · added over 2 years ago
@Jeremy Thomas Wouldn’t it be safer to set the allocation to be always equal to the syndicate subscription? I don’t know how the purchase amount is set before the book has been funded, but I wonder if it’s something to do with the number of pages. And if that’s the case, then ... well, maybe I’m just a sneaky nogoodnik, but this is what I see happening:

a) Join a syndicate at $10 a month.
b) Create a dummy project, claiming to have a wordcount that would put its estimated purchase value well above the $10 syndicate subscription amount.
c) Get the syndicate to back the dummy project.
d) Let the dummy project die.
e) Collect credits to the value of the dummy project’s supposed purchase value, making a profit of the difference between it and the subscription amount.
f) Lather, rinse, repeat.
15230176 Joni Dee · Author · added over 2 years ago
@Jeremy Thomas I did but was never acknowledged so no idea if u saw it. Thanks
Portrait Christopher Huang · Author · added over 2 years ago
I never said I had an answer for the $7 for $10 issue.
15230176 Joni Dee · Author · added over 2 years ago
Sorry that came out wrong I apologize, I only mean that I want the esteemed management to look into it before speculating,
15230176 Joni Dee · Author · edited over 2 years ago
Chris Maybe you’re right, but don’t want a debate I just want the management to check what I’m asking and they wouldn’t answer me in a private email for a while now. I don’t think I should get back 7$ after putting 10$ so I m awaiting their answer
Portrait Christopher Huang · Author · edited over 2 years ago
I agree it’s strange that we’re getting $6.99 and $7.99 when we put in $10. But there’s nothing strange about having a similar line for "Equipment".

$6.99 $0.00 is what you start with. It means that you got $6.99 for the month’s pick, and all of it is spent on the book that’s funding. This is where "Equipment" is right now for all of us.

If/when the pick fails to fund, the line changes to $6.99 $6.99, meaning that the $6.99 is now available to spend elsewhere.

After you’ve spent it, the line goes back to $6.99 $0.00, meaning all of that $6.99 has been spent on ... some other book. This is where "Transilience" is for (probably) all of us, unless someone hasn’t spent those credits yet.
15230176 Joni Dee · Author · added over 2 years ago
Not sure but I don’t think it’s that, I have a similar line for equipment which still fund.
Also We paid in 10$ for Transcillience which need to clearly be reimbursed. Why don’t we let the team @Jeremy Thomas @Thaddeus Woodman inspect and answer this one,
Portrait Christopher Huang · Author · edited over 2 years ago
@Joni Dee I’m sure I mentioned this when it first came up, but yes I’ve gotten my credit back.

If the line says "$6.99 $0.00" that means the credit has been spent. I know that when "Transilience" failed to fund, that line became "$6.99 $6.99", indicating that I had $6.99 credit awarded (first figure) of which all $6.99 was available (second figure). Since I don’t do a lot of credit-based transactions, and tend not to have very many credits on hand, the sudden appearance of $6.99 in my total credits was very obvious.
15230176 Joni Dee · Author · added over 2 years ago
@Jeremy Thomas Jeremy, sorry to be a pest - but nobody is answering when i am asking privately.

1) My members haven’t seen credit back for Tanscillience (oir february pick) 

2)
can u explain what are these line below -  we seem to all have these lines on our credit page
$6.99$0.00February Thriller Night Syndicate SelectionMay 6, 2016

7.99$0.00March Thriller Night Syndicate SelectionJun 7, 2016