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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. Successful brands using three syllable names include Heineken, McDonald's and Adobe.
Locoware.com is a dot-com domain. Dot com domains are the most sought after top-level-domain in the world, used by famous websites like youtube.com. A dot-com is the first thing people think of when they think of a website.
One suggestion for how this name could sound when used.