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This name would be ideally suited to a company in the VR or automotive sectors.
The word "rideSIM" contains seven letters and three syllables. Established brands using three syllable names include Adobe, Delicious and Armani.
Ridesim.com is a dot-com domain. Dot com domains are the most desirable domain extension 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.