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About READ

Reach DAO presents a new and fresh way to learn and grow with the interactive platform. Not only does Reach offer various business and self-development courses, but the platform also rewards students for their hard work. After completing each lesson, the student can solve quizzes and exams to earn $READ, creating a fun and financially beneficial learning experience. Reach DAO places a strong emphasis on community involvement, allowing members to submit ideas on The Board and request mentors. This collaboration helps strengthen the Reach platform and provides a unique opportunity for members to actively shape their learning experience. With Reach DAO, the future of online education is here.Reach DAO knows that not everyone in the world is familiar with crypto and blockchain technology. That's why Reach has made it possible for users outside of the crypto space, or web2 users, to join the platform, cross the bridge to web3 and earn while they expand their knowledge on business and self-development. This allows the project to continue growing and attracting anyone who has an interest in learning within this exciting industry.

Reach DAO (READ) is a cryptocurrency launched in 2022. READ has a current supply of 200.00M with 0 in circulation. The last known price of READ is 0.000067419169 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://reachdao.io/.

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READ Price Statistics
READ’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#4694
READ Market Cap
Market Cap
$0
Fully Diluted Market Cap
$13,483.83
READ Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
READ Supply
Circulating Supply
0
Total Supply
200.00M
Max Supply
200.00M
Updated Aug 07, 2023 2:30 am
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READ
Reach DAO
$0.000067419169
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Analysis: Ethereum L1 and L2 balance can be restored by raising the minimum blob fee and increasing L2 usage
Analysis: Ethereum L1 and L2 balance can be restored by raising the minimum blob fee and increasing L2 usage
Crypto KOL cygaar wrote on X: "The relationship between Ethereum L1 and L2 is now quite unbalanced. L2 gets the benefits of Ethereum security without contributing much value to ETH. I think there are two ways to restore balance: 1. Increase the minimum blob fee Currently, the blob fee is basically zero for rollups, which means that Ethereum gets almost no value from the L2 DA cost. In the world before EIP-4844, rollups have always been the largest source of Gas consumption for ETH, causing ETH to face strong deflationary pressure. However, because DA blobs are basically free, rollups no longer consume too much ETH. This, coupled with the reduction in execution activity on Ethereum L1, has caused ETH to become inflationary again. A perhaps more short-term solution is to increase the base blob fee. L2 must pay a certain amount of fees to use Ethereum DA. One could argue that increasing the cost of Ethereum DA will cause L2 to turn to alternative DAs. solution, but I think chains that want to truly inherit Ethereum security will still pay these costs. 2. Increase L2 usage The current blob pricing curve is set this way because researchers predict that there will be more demand for L2. However, apart from a few major events (initial blob release, blobscriptions, LZ airdrop), the cost of a blob has not exceeded the minimum fee. If L2 demand and usage increase, we may reach a state where the blob pricing curve can appropriately price DA blobs, resulting in a healthy level of ETH destruction on L1. In addition to the DA cost being quite large, the amount of Gas used for rollup settlement may also increase to a considerable amount. In the long run, this is the path that is most beneficial to the Ethereum ecosystem, but it also requires an intrinsic demand for L2 block space. We need more interesting consumer-facing applications to attract users and drive more on-chain usage. In this world, blob fees are almost never at the lowest price, and rollups will pay a large amount to inherit Ethereum's security. "
Sep 01, 2024 12:23 pm

Frequently Asked Questions

  • What is the all-time high price of Reach DAO (READ)?

    The all-time high of READ was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Reach DAO (READ) is 0. The current price of READ is down 0% from its all-time high.

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  • How much Reach DAO (READ) is there in circulation?

    As of , there is currently 0 READ in circulation. READ has a maximum supply of 200.00M.

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  • What is the market cap of Reach DAO (READ)?

    The current market cap of READ is 0. It is calculated by multiplying the current supply of READ by its real-time market price of 0.000067419169.

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  • What is the all-time low price of Reach DAO (READ)?

    The all-time low of READ was 0 , from which the coin is now up 0%. The all-time low price of Reach DAO (READ) is 0. The current price of READ is up 0% from its all-time low.

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  • Is Reach DAO (READ) a good investment?

    Reach DAO (READ) has a market capitalization of $0 and is ranked #4694 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Reach DAO (READ) price trends and patterns to find the best time to purchase READ.

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