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Domraider Real-Time Descentalized Auction | CRYPTS NEWS
Wednesday , December 19 2018
Home / ICO / Domraider Real-Time Descentalized Auction

Domraider Real-Time Descentalized Auction

Domraider Real-Time Descentalized Auction

DomRaider is Real-time auction, which application is designed on massively scalable and profitable platform, the most secure and transparent that exists today, called blockchain, and his protocol community works on a cryptographic algorithm to show proof of his value. DomRaider was  founded in 2013 specialised in “drop catching” especially domain name.

Blockchain allows DomRaider Application to be much more:

Scalable, reliable and transparent: every on-chain transaction on real-time auction must be verifiable and unforgeable.
InteroperableA buyer can participate to sales from a unique interface and pay in any currency they want
Low Fees: That will be close to zero
FastValidation time of a bid must be under one second.

A highly experienced team

DomRaider and the DRT token have been designed and created by a highly experienced team of financial, legal and technology experts. The team’s members bring together expertise that gives them a deep understanding of the challenges faced by many crypto enterprises including the legal, regulatory and compliance issues that have, until the launch of DRT, proved to be such an obstacle to the successful development of the blockchain sector.

How it works? “drop catching” example

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.

Token

DRTs(DomRaider Token) will allow their owners to access the DomRaider auction network, may only be used to participate and access auctions set up using DomRaider technology. Once this auction network has been created, DRTs may be used on the network as outlined below. However, DomRaider tokens cannot be used prior to DomRaider having developed the blockchain technology for auction sales. They may, however, be freely exchanged once they have become available, on exchanges.

Company Advantages

  • Competitions: In the field of online auctions, it is the first attempt to shift the system to the blockchain network, and its value will rise as there less competition, we can say at the moment they “doesn’t exits”, Domraider will be the only one in his own right.
  • ICO Time: Initial Coin Offering create a lot of ways for DAPP Development.
  • Team Member:  33 staff, 22 advisers, 31 partners

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