|Slogan||Write yourself in|
Type of site
|Registration||Optional, but required to access certain parts of the site and to create content such as books or forum threads.|
Figment is an online community and self-publishing platform for young writers. Created by Jacob Lewis and Dana Goodyear, who both worked at The New Yorker, the site officially launched on December 6, 2010. Figment currently has over 300,000 registered users and over 440,000 'books', or pieces of writing. Other features include frequent writing contests, a blog, forums, and The Figment Review. On February 27, 2012, Figment announced it would purchase and merge user bases with its rival site, Inkpop.com. On March 1, 2012, the two sites merged userbases and works. On October 29, 2013, Figment was acquired by Random House Children's Group.
Inspired by the popularity of the Japanese cell phone novel, Dana Goodyear, poet and journalist, and Jacob Lewis, former managing editor of The New Yorker, created Figment as a platform on which young adults can share their writing and interact with other writers. Figment spent several months in beta, and officially launched on December 6, 2010, gaining over 10,000 users the first week. Users can "publish" and access short stories, poetry, lyrics, essays, and novels either on their computers or with their mobile phones. An app is currently in development. Users are able to review, "heart", react and comment on works by other users. Over 300,000 accounts and 700,000 books have been created. Figment's user base is mainly teens, but there is a significant amount of older writers registered on the site. Those under 13 may not register. Figment has been featured in The New York Times, The L.A. Times, and The Today Show.
In December 2011, Figment published its first print book: Dream School by Blake Nelson. The novel is a sequel to Nelson's widely popular mid-nineties novel Girl. Figment first released Dream School in serial format on its web site as free content for all users, and then printed the book in a more traditional format. “It echoes the way Girl was serialized in the pages of Sassy magazine prior to being published,” said Nelson. “I took a stack of fan letters that were sent to the magazine over to my editor’s office and said this is the audience for this book.”
In March 2012, Figment combined with HarperCollins's online writing community, Inkpop. At the time of the merge, InkPop had 95,000 users and Figment had 115,000 users, with little overlap between the two sites. Susan Katz, the HarperCollins Children's Book president, said of the move: “We approached Figment because we’ve admired what they are doing in the digital space. Together we can broaden our marketing reach for our authors and their stories by tapping into this highly engaged group.” 
Figment occasionally offers writing contests to help writers hone their skills. Many of the contests focus on themes and issues presented in popular and upcoming YA books, and provide prompts with which users can create their contest entries. The contests often involve published YA authors.
Contests have included the participation of Paulo Coelho, Darren Shan, Gayle Forman, Jackson Pearce, Sherry Shahan, Lauren Oliver, Lisi Harrison, Billy Collins, Nicholas Sparks, Sara Shepard, Drusilla Campbell and many others.
Types of Contests
There are generally three types of contests on Figment: Random selection, heart based, and contests in which all entries are read. Resentment has grown significantly about random and heart based contests  and various petitions and groups have been created to protest the heart system.
The Seventeen Magazine Fiction Contest
Seventeen Magazine hosted its 2011 fiction contest Figment. Girls between the ages of 15 and 21 had to write a story of less than 500 words for the chance to win a $5,000 cash prize, the opportunity to have her story published on Seventeen.com, and a phone call with Maggie Stiefvater, author of the Wolves of Mercy Falls trilogy – Shiver, Linger, and Forever. 50 of the 60 finalists were chosen via Figment user votes, and the other 10 were picked by Seventeen editors. The grand prize winner was to be announced on April 1, 2012.
The Zinch Scholarship Contest
Users in high school or college were challenged to write a 600-character story about their coming-of-age moment and to submit to it the Figment page at Zinch.com for a chance to win a $500 scholarship. The judge of the contest is author Jonathan Safran Foer, writer of Extremely Loud and Incredibly Close. Entries could be submitted until March 31, 2012.
The Requiem Contest
Lauren Oliver, author of the Delirium trilogy, judged the Requiem Writing Contest, hosted by HarperTeen. Figment users between the ages of 13 and 21 living in the United States wrote short stories of 1,500 words or less using the prompt "Write a story where love is dangerous". The prizes were a 2-day trip to New York and the opportunity to write a column for Teen.com, in addition to the winner's story being featured on Teen.com. There were more than a thousand entries, and the winner was Rani Lee, author of "Swimming".
Defy the Dark Contest
Users were challenged to write a story between 2,000 and 4,000 words to be included in a HarperTeen anthology, Defy the Dark. The anthology's editor, Saundra Mitchell, judged the contest. 1242 stories were entered, totaling 3.35 million words. The winner was Kate Espey, author of "The Sunflower Murders". Two additional stories appeared on the Defy the Dark website, "Bogwater" by Grrrillaful and "After Illume" by Emily Skrutskie.
Awards and Honorable Mentions
Figment was chosen as a winning start-up company at the O'Reilly Tools of Change for Publishing Conference 2011 and was also selected as a 15th Annual Webby Awards Official Honoree in the "Youth" category.
On February 25, 2012, it was announced that Figment would be receiving the 2011 Los Angeles Times Innovator's Award, as part of the Los Angeles Times Book Prize. The award honors "cutting edge work to bring books, publishing, and storytelling into the future."
- Juris, Carolyn (March 1, 2012). "Publisher's Weekly: "Figment Acquires Inkpop from HarperCollins"". Publisher's Weekly.
- Reid, Calvin. "Random House Acquires Figment".
- Bosman, Julie (December 5, 2010). "NY Times: "Figment.com Aims for Young Readers and Writers"". The New York Times.
- Kellogg, Carolyn (2011-05-13). "Teen writing community Figment gets $1 million in funding". The L.A. Times.
- Huguenin, Patrick. "Teens find a place to write home about". MSNBC.com. Retrieved 2 June 2011.
- Owen, Laura Hazard. "Teen Writing Site Figment Buys Rival, HarperCollins’ Inkpop". Retrieved 10 July 2012.
- Boog, Jason. "Figment to Manage HarperCollins' Inkpop Writing Community". Retrieved 10 July 2012.
- "O'Reilly TOC Conference".
- "Webby Awards Honorees".