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VentureBeat
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Oncade raises $4M to revamp game distribution with direct-to-consumer model
- Oncade, a community-driven platform, raised $4 million to revamp game distribution with a direct-to-consumer model.
- By avoiding high platform fees, Oncade empowers studios to control margins and utilize communities for sales growth.
- A16z CSX led the funding round, supporting Oncade's innovative approach to gaming value distribution.
- Oncade aims to enhance revenue streams for studios by engaging communities and offering a personalized game store experience.
- Studios face challenges with traditional discovery methods and high acquisition costs in the gaming industry.
- Oncade provides solutions like advanced payments, direct-to-consumer game stores, and community-powered presales to drive revenue.
- The platform enables developers and players to create, sell, and earn through a thriving ecosystem supported by stablecoin technology.
- Oncade's team, with experience from industry giants, is poised to revolutionize game growth and engagement.
- The platform fosters a community-driven marketplace where players can become affiliates and earn from sales they generate.
- Oncade's vision leverages global payment innovations and the proven success of player economies in games like CS:GO and Fortnite.
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