DomRaider introduces its Initial Coin Offering
DomRaider is launching its token, the DomRaider Token - DRT, to finance its growth and to propel its blockchain auctions onto a worldwide sphere.
Emergence of an ecosystem dedicated to auctions
More than just a simple token, DomRaider is open-source and decentralized network with 4 blockchain key features:
- Scalable, reliable and transparent (publicly verifiable auctions that are impossible to falsify)
- Communal and interoperable (worldwide auctions accessible through generic interfaces)
- Fast (consensus of bids in less than 1 second)
- Financially advantageous (very low transaction cost)
Through the DomRaider blockchain anyone can buy, sell or promote their services.
A concrete set-up
Auctions organized by DomRaider will be the first to migrate onto the blockchain network. Strategic acquisitions carried out thanks to the ICO will accelerate other player’s involvement and will enable its development.
More information about DomRaider
DomRaider is a French startup founded in 2013 and specialized in “drop catching”.Drop catching is an activity consisting of registering recently dropped domain names with extensions such as .com, .net, or .fr and auctioning these names off to the highest bidder. Thanks to precise indicators and technology that detects the availibility of domain names the second they become so, the company identifies the domain names whose potential is of genuine benefits to their clients. The expired domain names can therefore be used in the context of referencing strategies (SEO), speculation on rare domain names or management of intellectual property. With more than 20,000 transactions since its creation, DomRaider is today the European leader and currently offers 27 extensions including .com that is opening doors to the worldwide market.