Who owns the copyright on the finished work?
Everyone retains the copyright in their artistic contributions to the books. So, you will retain the copyright in your own chapter, for example. Similarly, the copyright in the story / characters etc remains with me.
All participants grant an irrevocable license to me to use and distribute their contribution as a NiaD book (including the Scrivener project file), which will in turn be made available under a Creative Commons Attribution - NonCommerical - NoDerivs 3.0 Unported Licence. In other words, anyone will be free to share (to copy, distribute and transmit) the book under the following conditions:
Attribution — You must attribute the work in the manner specified
by the author or licensor (but not in any way that suggests that
they endorse you or your use of the work).
Noncommercial — You may not use this work for commercial purposes.
No Derivative Works — You may not alter, transform, or build upon this work.
In addition, by taking part you are granting Literature and Latte Ltd an irrevocable license to use your work in marketing, educational and other activities as long as they do not sell it.