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This domain name is well suited to a pets or crowdsourcing brand.
The word "BreedLabs" contains nine letters and only two syllables. Two-syllable names are extremely rare and very valued. Successful brands using two syllable names include Google, Subway and Pocket.
Breedlabs.com is a dot-com domain. Dot com domains are the most desirable top-level-domain in the world, used by famous websites like twitter.com. Owning a dot-com says that you own the word "BreedLabs" online.