I've attempted this several times as I used to make much of my living writing erotica. I assume you're not trying to charge people to read, rather making a free archive?
You might want to think about specializing in a niche - there are already several big archives and it's hard to compete with them.
Contests are the best way to get people on board. If you run a contest hit up the Erotica Writers Association - they've got some of the best writers online.
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