I have two questions for you, so I figured I piggy back off this comment.

* What does the entry level look like? This appears to be a decent way to launch a hobby into a business, but what is the income you're looking for? Does my app need to gross 1k/mo before it's an option?

* What are the term limits? Or what if the app is shutdown, or underperforms?

This appears to be a good way for people to launch hobby projects into full businesses, I was just wondering if that was indeed the case.