Domraider: Decentralized Blockchain auction in real-time
The current domain name industry is filled with treasures, most dropped domain aren’t really valuable but according to DOMRAIDER, the 1% that are, (100,000 daily) are treasured one-word domains.
DOMRAIDER is a French-based start-up specialized in targeting the ‘drop catching’ field, the process of reserving recently dropped/expired domains. This technique consists of ordering a newly released domain name (such as .com, net, and .fr) and selling it at auction.
We are in hyper growth with more than 20,000 sales on our behalf. Our team consists of 30 people speaking 7 languages and spread across 3 countries, soon increasing to 5. We have gained prestigious clients who trust us to get the best domain name for SEO, marketing or to protect their brand.
DOMRAIDER breaks down their ‘drop catching’ process into 3 simple
steps:1: Qualification; Domains are analyzed for their future potential domain value and performance in SEO and other metrics before proceeding.
2: Preorder / DOMRAIDER Indexation; Qualified domains proceed to indexation where they are searchable on the DOMRAIDER dashboard, allowing DOMRAIDER users to carry out searches and review the domain potential, thus allowing its users to preorder the domain if it meets their desire.
3: Catching; DOMRAIDER automatically follows the domain waiting for its drop period, which allows the domain to be purchasable, if successful the domain name will be transferred to the user who preordered it, if more than 1 preorders the same domain name, the domain will go up for sale for a 7-day time period.
Funds collected from ICO later, DomRaider can accelerate its development on an international scale, which has been marked by its presence in Italy and Sweden and will expand to Canada and the UK starting in October.The overall innovation of the project will be concentrated on the core blockchain, the existing data structures in the decentralized network. In fact, DomRaider aspires to revolutionize a relatively restricted auction ecosystem using blockchain technology. Its permanent objective is to develop the first decentralized network dedicated to real-time auction management in the world, either online or in the auction room itself.This solution aims to:
- Measurable, reliable and transparent (publicly verified auctions that are impossible to forge)
- Communal and interoperable (worldwide auctions can be accessed via generic view)
- Fast (bid consensus in less than 1 second)
- In financial terms is very profitable (transaction costs are very low).
"We are excited about the idea of launching the first ICO conducted by a French company that has proven itself and has been running for 4 years. This is an important stepping stone for the development of DomRaider, and this fully illustrates the emergence of blockchain in the real economy. Through this ICO, we want to take advantage of this technological revolution to transform the auction sector "
Token
- Total token supply: 1,000,000,000 DRT
- Token type: ERC standard 20
- 50% of the total supply will be locked into reserves
- 35% of the total supply to be sold within ICO
- 15% of the total supply is distributed to stake holders
- 1 DRT = $ 0.117
- Cap Hard: € 35 million
- Pre-Sales Stage: 16/08/2017 to 11/09/2017
- ICO Primary Sales Phase: 12/09/2017 until 11/10/2017
Unreleased Token: For repurchase by DOMRAIDER major shareholder. 'Inovaa and Eefficiency'
ROAD MAP
Token Use Cases
Snipped from the whitepaper, this short paragrph explains how the token can be used as part of the ecosystem;
Earning Tokens
By selling assets or products at auction
– By getting commission on sales
– By selling services associated with the blockchain
– By participating in the DomRaider “Domain
Spotters” program
Spending Tokens
– By organizing auctions
– By putting a deposit on certifi ed auctions
– By winning at auction
Today’s ICO review will be based on Soma, and answering the overall question, is Soma worth a spot in our portfolios?
ICO ANALYSIS — DETAILS & TOKEN SUPPLY
Total token supply: 1,000,000,000 DRTToken type: ERC 20 standard50% of total supply will be locked into reserves35% of total supply to be sold within the ICO15% of total supply to be distributed to stake holders1 DRT = $0,117Hard Cap: € 35 millionPre-Sale Phase: 16/08/2017 to 11/09/2017Main ICO Sale Phase: 12/09/2017 to 11/10/2017Unsold Tokens: To be re-purchased by DOMRAIDER’S key shareholders
For more information visit
Website: https://www.domraider.io
Whitepaper: https://s3-eu-west-1.amazonaws.com/domraider/domraider/DomRaider+ICO+Whitepaper+EN.pdf
Facebook: https: // www. facebook.com/Domraider-1432606216988548
Twitter: https://twitter.com/domraider
Instagram: https://www.instagram.com/domraider/
Telegram: https://t.me/DomraiderICO
Slack: https: // join .slack.com / t / domraiderico / shared_invite / MjM1MDg0MTY2MDE4LTE1MDQyNzQ4MDYtNTU0NDg5YzgyNQ
Youtube: https://www.youtube.com/domraider
ANN THREAD: https://bitcointalk.org/index.php?topic=2132588.msg21314814#msg21314814
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=299807