Great business name designed for a company that combines fun (TOY) and learning (BYTE).
The word "toybyte" contains seven characters and just two syllables. Two-syllable names are very rare and very desirable. Two syllable names are used by established brands like Sony, Gucci and Apple.
This domain was first registered in February 2018. Older domains have an advantage when ranking in search engines.
Toybyte.com is a dot-com domain. Dot com domains are the most valuable top-level-domain in the world, famously used by websites like twitter.com. A dot-com is the first thing people think of when they think of a website.