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This domain name is well suited to a writing organisation.
ReadLives has nine characters and just two syllables. Two-syllable names are highly rare and very prestigious. Established brands using two syllable names include Apple, YouTube and Google.
Readlives.com is a .com domain. Dot com is the most sought after domain extension. When most people think of a website, they think of a .com.
One suggestion for how this name could sound when used.