Why Skillz Is Poised for Growth
Skillz (NYSE: SKLZ), a leading mobile game platform, is on a rapid growth trajectory. The company offers gamers a chance to compete with each other while the winner receives the prize money. Of course, there is an entry fee to the competition that each participant must pay.
The potential for prize money certainly makes the games more interesting. Indeed, Skillz generates higher engagement from users than other gaming platforms. The alternative to the freemium model, where people can download a game for free and then pay for enhanced in-game features, is sitting well with consumers. And it's one of primary reasons why Skillz is poised for growth.
Image source: Getty Images.
Source Fool.com
