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This domain name would be well suited to an Augmented Reality, VR or photography brand.
Photate has seven letters and only two syllables. Two syllable names make popular global brands. Successful brands using two syllable names include Delta, Ikea and Twitter.
This domain was first registered in February 2013. Older domains have an advantage when ranking in search engines.
Photate.com is a dot-com domain. Dot com domains are synonymous with websites. Once you own a dot-com, it will be much easier to rank for your own name in Google.
One suggestion for how this name could sound when used.