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This domain is ideally suited to a business company.
The name "Launchly" has eight characters and just two syllables. Two-syllable names are very rare and exceptionally sought after. Examples of popular two syllable names include Subway, WeChat and Boeing.
This domain was first registered in June 2009. Older domains have an advantage when ranking in search engines.
Launchly.com is a dot com domain. Dot com domains are the most desirable domain extension in the world, famously used by websites like facebook.com. When you own a dot com, it is much easier to rank for your own name in search engines.