Why Skillz Could Offer Investors a Winning Hand
Andrew Paradise shared the frustration of many mobile gamers: Constant advertisements and required in-game add-on purchases interrupted his fun, and the games he played didn't focus on true competition. So Paradise founded Skillz (NYSE: SKLZ), a mobile gaming platform that eliminates these woes. As players and developers increasingly flock to his company, Paradise's bet on skill-based games may pay off nicely for long-term investors.
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On Skillz's eSports platform, players in nearly all regions of North America can bet against the competition for money and prizes in head-to-head battles and tournaments. Players spend an average 60 minutes a day on the platform, trying to improve their skills and grow their earnings -- more than 63% longer than average play times for the No. 1 mobile game, Candy Crush.
Source Fool.com
