Our CSX Investment in Oncade

The gaming industry is at an inflection point, with AI tools and vibe coding platforms democratizing game development. But when it comes to some of the critical pieces – like payments and distribution – the options are extremely limited and extractive.

Oncade offers a new approach. With community-led distribution and more efficient blockchain-based payment rails, the next generation of game makers can earn more money (and keep more of that money earned for themselves!).

Games are perhaps the product most obviously suited to stablecoin-based payment rails – driving billions of microtransactions annually – and as the industry finally begins to unbundle after a decade of consolidation, it’s the right time to redefine the stack.

Coinbase, startups, video games, metaverse, AI, web3

None of the above should be taken as investment advice or an advertisement for investment services; please see https://a16z.com/disclosures/ for more information.

@stavros, Greg, and Jared are industry veterans with more than 50 years of combined experience in the gaming industry. They've shipped software at scale to billions of users, including Call of Duty multiplayer, and previously held roles at EA, Razer, Facebook, and Coinbase.