Terms and Conditions

Last Updated: August 25, 2025

Important Notice: This document contains legally binding terms. By applying to or accepting funding from Writers Fund, you agree to be bound by these terms. Consult legal counsel if needed.

Ownership and data rights

Writers Fund does not publish, own, or use original works submitted by writers. Voting metadata and feedback collected during the tournament are the property of Writers Fund.

1. Definitions

"Company" means Writers Fund Inc, organized under Delaware law.

"Writer" or "Recipient" means any individual or entity that applies for or receives funding.

"Investment" means financial contribution provided by the Company.

"Work" means written content including books, novels, comics, screenplays, and other literary works.

"Revenue" means all gross income derived from the Work, including sales, licensing, adaptations, translations, rights, and merchandising.

2. Investment Terms

2.1 Funding Amount

Selected Writers receive a one-time investment of Ten Thousand Dollars ($10,000 USD), subject to definitive investment documentation.

2.2 Investment Structure Options

Writers must choose one structure:

1. Revenue Share Option: 15% share of all Revenue generated from the Work for the life of the intellectual property rights.
2. Equity Option: 5% equity stake in the Writer's publishing business or intellectual property rights related to the Work.

2.3 Additional Support

Company may provide additional funding for legal and publication expenses when Writer is ready to publish.

3. Securities Disclosure

This investment constitutes a securities offering. All investments carry risk, including possible total capital loss. Nothing on this site is investment advice.

4. Application and Selection Process

4.1 Eligibility

Any individual or entity may apply. No credentials are required, but applicants must have legal capacity to enter binding agreements.

4.2 Selection Criteria

Company has sole discretion in selection based on factors such as work quality, writer capability, market potential, and investment thesis alignment.

4.3 No Guarantee of Funding

Application submission does not guarantee funding. Company may reject applications without providing reasons.

5. Writer Obligations

5.1 Use of Funds

Funds must be used primarily for creating, completing, and publishing the Work. Company may request documentation.

5.2 Progress Reporting

Writer agrees to provide quarterly progress reports on development and commercial activity.

5.3 Intellectual Property

Writer warrants ownership (or future ownership) of rights in the Work, free of encumbrances that materially impair Company returns.

5.4 No Competing Funding

Without prior written consent, Writer will not seek or accept conflicting funding for the same Work that materially dilutes Company returns.

6. Payment and Accounting

6.1 Revenue Reporting

Writers using the Revenue Share Option must provide quarterly reports and remit Company's share within thirty (30) days after each quarter.

6.2 Audit Rights

Company may audit books and records related to the Work with reasonable notice.

6.3 Payment Terms

Payments are in USD. Late payments may incur 1.5% monthly interest or the legal maximum, whichever is lower.

7. Representations and Warranties

Writer represents that:

1. They have legal capacity to enter this agreement.
2. Application information is true and accurate.
3. They own or will own clear title to the Work.
4. The Work does not infringe third-party rights.
5. They comply with applicable laws in creating/distributing the Work.

8. Limitation of Liability

COMPANY'S TOTAL LIABILITY SHALL NOT EXCEED THE INVESTMENT AMOUNT PROVIDED. COMPANY IS NOT LIABLE FOR INDIRECT, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES.

9. Termination

9.1 Termination for Cause

Company may terminate immediately for material breach, fraud, or insolvency.

9.2 Effect of Termination

Writer obligations to honor revenue share/equity survive termination. No additional funding obligations accrue to Company.

10. Governing Law and Dispute Resolution

10.1 Governing Law

These terms are governed by Delaware law.

10.2 Dispute Resolution

Disputes are resolved by binding AAA arbitration in Delaware.

11. Modification and Amendment

Company may modify terms with thirty (30) days written notice to existing Writers. Continued participation constitutes acceptance.

12. Severability

If a provision is unenforceable, remaining provisions stay in effect.

13. Entire Agreement

These terms with executed investment documentation constitute the entire agreement and supersede prior discussions.

14. Contact Information

Writers Fund Inc
Email: legal@writersfund.vc
Website: https://writersfund.vc

These terms and conditions are subject to final legal review and may be modified before execution of definitive investment documentation. Writers are advised to consult independent legal counsel.