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This brand name would be well suited to a company in the e-commerce, clothing or retail sectors.
Locoware has eight characters and three syllables. Established brands using three syllable names include Adidas, Delicious and Santander.
Locoware.com is a .com domain. Dot com domains are the most desirable domain extension in the world, famously used by websites like youtube.com. When most people think of a website, they think of a .com.
One suggestion for how this name could sound when used.