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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 only two syllables. Two syllable names make popular global brands. Two syllable names are used by established brands like Buffer, Hilton and Delta.
Velvar.com is a dot com domain. Dot com domains are synonymous with websites. A dot com is the first thing people think of when they think of a website.