Oncade Secures $4 Million Seed Funding Led by a16z CSX
- Oncade’s funding led by a16z CSX highlights gaming industry shifts.
- Focus on rewarding creators and players directly.
- Disintermediation of traditional app stores aims for greater revenue sharing.
Founded by gaming veterans Stavros Lee and Greg Reisdorf, Oncade has raised $4 million in a seed round led by a16z CSX, aiming to transform gaming distribution from its base in San Francisco on May 28, 2025.
Oncade’s funding marks a shift in gaming distribution, challenging traditional models with community-driven approaches that bypass app stores. It emphasizes the potential disruption of centralized gaming platforms.
Oncade, founded by Stavros Lee and Greg Reisdorf, aims to transform gaming distribution. The $4 million seed round was led by a16z CSX, targeting more creator-centric revenue models in the gaming industry.
The investment could impact game studios needing new distribution channels. With high-profile founders participating, the move reinforces industry’s focus on player engagement and monetization beyond traditional avenues.
This funding by a16z CSX reflects growing interest in blockchain-based infrastructure. It addresses the need for community ownership and direct creator-to-player relationships, capitalizing on Web3 trends reshaping industries.
“In gaming, the value distribution is broken. The people driving value—studios, players, creators, and communities—aren’t earning their proper share of the financial rewards. We’re here to change that.” – Stavros Lee, Co-founder, Oncade.
Experts believe the trend of disintermediation will persist. Blockchain technology offers potential for direct transactions, reducing fees and giving creators a larger share of revenue. Success may depend on supporting technological adoption in the gaming ecosystem.
