Skillz's 3 Key Advantages to Keep Winning
Competitive gaming platform Skillz Inc. (NYSE: SKLZ) is disrupting the $86 billion mobile gaming industry by enabling players to compete for cash prizes. Beyond the cash games available today, Skillz is working to expand on multiple growth opportunities that could make the stock an eventual 10-bagger.
Mobile gaming is the fastest-growing segment within the $175 billion video gaming industry. But many mobile game developers lack the money and branding they need to monetize their games amid a crowded, competitive field.
Skillz solves this challenge, using patented algorithms that match gamers based on skill, and giving those players an arena to compete fairly for cash prizes. Players pay a fee for each match, from which Skillz and the developer each take a cut. Skillz's platform is unique because it doesn't rely on in-game advertisements or "pay-to-win" features.
Source Fool.com
