After reading the whitepaper i have still some open questions, maybe you can answer them as well:
- How many registered users does domraider have as of today? And how many of them are active on a monthly base?
- You are stating a 98% success rate for snapping domains on domraider.com. How is this number calculated? Asking cause i doubt that your competition like dropcatch.com, snapnames.com and namejet.com is only getting 2% of the cake.
- How do you see domraider yourself in comparision with similiar concepts like nametoken.io or domaintoken.io?
Sorry for later answer.
The snapping rate depends of the TLD. We have the best rates with ccTLDs like .FR, .DE, .BE and also with other gTLDs. We have thousands of customers who have already use our platform. In addition, DomRaider is the only dropcatching company with the most TLDs domain names.
Dropcatching is our first job at DomRaider. But I shall insist on the fact that DomRaider ICO is not directly related to domain names. The purpose of this ICO is to create a new auction platform based on blockchain technology. It will be firstly used on our platform, by switching our auctions system to the blockchain network and enlarge this to every business concerned by auctions. An auction platform like the one we are creating at DomRaider will have some significant improvements over legacy systems. For starters, the platform would be scalable, reliable and transparent.
DomRaider’s technology solution will allow for a worldwide auction platform where users will be able to communicate directly. This provides a far greater user base for auctions, and ensures simple and easy decision making and transaction processing at a fraction of the cost of other auction systems.
And the solution will also provide a very fast and secure platform to process and immutably record bids and outcomes. The infrastructure, as it stands, can provide consensus of bids in less than one second.