DomRaider is a name I've been seeing more and more frequently recently, though not related to their main domain service. They are a drop catching provider for .com and other extensions, and claim a 98% success/catch rate. But despite their (claimed) high success rate, they only charge 9 € per backorder, which is only slightly higher than reg fee. This is far lower than the leading drop catchers, who charge $59-79 at a minimum for standard .com orders.
What’s even stranger about their service is that DomRaider only seem to have 1 ICANN accredited registrar. Competitors like DropCatch.com have 1000+.
I had not heard of DomRaider until recently, and there is practically nothing about them here on NamePros (just one short thread in the digital currencies section). Today I also read an article stating that they’ve raised somewhere between 25-35 million euros in their ongoing ICO. I find it surprising that a drop catcher that is practically unknown in the industry, and that runs a dropcatching service seemingly with only one registrar, and charges reg fee for catching names, is “worth” that much. I assume this money has come from crypto currency investors outside the industry, not from individuals familiar with the domain industry. New companies with questionable business models raising a lot of money via an ICO is certainly not uncommon these days though. They are working on other services too, but drop catching seems to be their main forte, and they characterize themselves as "a French startup created in 2013, specialized in 'dropcatching.'"
If they really only have one registrar to their name, their success rate is probably closer to 0% than their claimed 98%, but with the millions they have raised, they could buy a bunch of registrars. They mainly seem focused on their ICO, rather than their drop catching service.
Do you have any experience with this drop catcher? Has anyone managed to drop catch a pending delete domain with DomRaider? How well does DomRaider perform compared with DropCatch, Pheenix, SnapNames, DynaDot, GoDaddy?
What’s even stranger about their service is that DomRaider only seem to have 1 ICANN accredited registrar. Competitors like DropCatch.com have 1000+.
I had not heard of DomRaider until recently, and there is practically nothing about them here on NamePros (just one short thread in the digital currencies section). Today I also read an article stating that they’ve raised somewhere between 25-35 million euros in their ongoing ICO. I find it surprising that a drop catcher that is practically unknown in the industry, and that runs a dropcatching service seemingly with only one registrar, and charges reg fee for catching names, is “worth” that much. I assume this money has come from crypto currency investors outside the industry, not from individuals familiar with the domain industry. New companies with questionable business models raising a lot of money via an ICO is certainly not uncommon these days though. They are working on other services too, but drop catching seems to be their main forte, and they characterize themselves as "a French startup created in 2013, specialized in 'dropcatching.'"
If they really only have one registrar to their name, their success rate is probably closer to 0% than their claimed 98%, but with the millions they have raised, they could buy a bunch of registrars. They mainly seem focused on their ICO, rather than their drop catching service.
Do you have any experience with this drop catcher? Has anyone managed to drop catch a pending delete domain with DomRaider? How well does DomRaider perform compared with DropCatch, Pheenix, SnapNames, DynaDot, GoDaddy?
