As a reader since 2013, monetizing wattpad is a change I myself is also digesting slow. The need to update my app, for method to buy coins online and the actual money I need to spend to read the stories which was for almost a decade a click away, is at the top on may Cons list that for all us is I know kinda long.
Yet, on the positive note this change will somehow I now will not only affect us readers but as well as the Authors themselves...because now the put a price on their works, they must keep a standard worth buying or else they will soon be forgotten. It will force them to create better stories because now readers won't simply binge on their works but is now making a concious choice to read their updates as it will have economic impact, which for a person living in our country means a lot.
Not only that, now that some of the works are not up for free, it will decongest the readership of some well read names because readers will be forced to find hidden gems underneath wattpads deeper shelves. I've been following few underrated authors on wattpad and I must say the qualtiy of their works are at par at the top of those in the popularity ladder, they are not just given the opportunity to shine...and with the advent of Watty coins, I hope this not well know authors will have their fair share of readership as readers are now compelled to read diversely...or I must say freely.