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Generic domain based a real dictionary word which makes it a highly valuable name.
The name "Chastise" has eight characters and only two syllables. Two-syllable names are highly rare and extremely prestigious. Two syllable names are used by established brands like Hilton, Kleenex and Starbucks.
This domain was first registered in November 1998. Older domains have an advantage when ranking in search engines.
Chastise.com is a .com domain. Dot com domains are the most prestigious top-level-domain in the world, used by famous websites like google.com. A .com is the first thing people think of when they think of a website.