Tapas has a lot of ambitious goals for monetizing the series that you create with them under Incubator Program - like optioning it for TV, film, Netflix series, Crunchyroll, print publication, translating it and selling it overseas to other comics platforms....but all these things take time to develop and we haven't seen any of them come to fruition yet. xD I'm excited for the future, though!
And although everyone's contract is different, I know a lot of people were curious if there's a reversion of rights clause, and it's stated pretty explicitly here:
Tapas also doesn’t hold onto IP rights indefinitely. We include a reversion of rights clause in our contracts: if anything happens to Tapas, or if we're not able to make a deal for a creator within an agreed amount of time, then all rights go back to the creator.
If you're curious (or if you come across any more misinformation) they actually wrote a blog series detailing all of this!
This post talks about IP, IP sharing, what a contract with Tapas usually looks like, and what they have to offer creators. Sadly it was just a Newsfeed post and it's gotten buried on the site, but you can inform yourself (and direct anyone with questions) here.
Edit: also you're right, Spud, this is a very new model in the webcomic world, and it's very exciting! Because it's a great opportunity for indie creators to get properly paid for their work, and if it's successful, then the industry will perhaps pick it up leading to more opportunities like this!