It was good for the time before it was bought by Amazon. Amazon has a habit of buying up everything book related and if they don’t see a potential to squeeze profit from it they will just abandon it.

They own the top level domains .book and .read and have been in existence since 2015. They do not allow anyone to register with those domains years after paying to own them. No one is able to register. If .read was actually purchasable this site would likely be called lemmy.read :(