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A mass-market, modern and energetic name which could be ideal for a business or insurance brand.
The word "Velvar" contains only six letters and just two syllables. Two-syllable names are very rare and extremely sought after. Leading companies using two syllable names include Facebook, Twitter and Delta.
Velvar.com is a dot com domain. Dot com is the most desirable domain extension. Once you own a dot com, it will be much easier to rank for your own name in Google.