Historically, the longer a series goes on the less reader interaction the author gets, so chapter one gets the most views, ratings, comments etc, and then that steadily drops off.
That certainly shouldn’t stop you, you will generally find a small but dedicated audience, and there certainly are stories that do very well and have many chapters.
If it brings you joy to experiment with publishing styles, by all means go for it.
I think the number of chapters on one side, and in what time frame they’re published on the other, are two very distinct factors.
If the series has a lot of chapters and all the chapters are already finished, I’d at least publish 2 or 3 chapters a week, to keep the readers interested.
The aspect, that the initial chapter has the most audience is also a result of the follwoing:
Some read first chapter, and didn’t recognise the next one. Others join a series later, and maybe jump to previous chapters. So the shrinkage is a natural result.
I think 1x chapter per week is about the right pace, but that depends on chapter size. I typically assume chapters are about 4000-8000 words. Short (1000-2000 word) chapters might change my opinion.
Speaking from personal preference, if it’s more than 1x a week, I feel like I fall behind and struggle with wanting to spend the time to catch up. Less frequently than 1x a week and I don’t carry forward the same excitement and anticipation for it.
For stories with long chapters (8,000+ words), I sometimes wait until the story is finished before reading. I would usually read the first 3-4 chapters, then fall behind because I don’t feel like I have the time every week, and then once I’m behind, I will wait until the story is finished to catch up one afternoon when I have nothing else to do.
I’m sure others have more analytical data points, but that is my personal perspective.
It truly depends on the quality of the story: is it well written, are the characters interesting, is the concept erotic and original, but also captivating to the audience on this website. It can be done, but it comes down to quality of the writing.