DomRaider ICO to Build Blockchain-Powered Auction Platform

French start-up DomRaider recently revealed plans to create a blockchain-powered platform for the auctioning of products and services. Known for auctioning expired domain names, the founder of DomRaider, Tristan Colombet, announced the launch of an ICO campaign to fund this new open-source solution which would manage auctions on the blockchain in real-time.

Proceeds from the token sale will be partially used to develop the auction platform and partially to accelerate DomRaider’s development on an international scale –the company already has a presence in Italy and Sweden and will be expanding to Canada and the U.K. in October.

 

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