Is it just me or nobody realize that the likes of MySpace started the downfall of the original Internet before it became "social media"?
Nostalgia of a simple web page is fine (and this is a nice implementation no doubt), but why recreate something that leads to something that is predictable?
Instead, recreate usenet with better privacy and mobile adoption. Usenet is what they killed before the promise of the Internet could be realized.
Social networks could ideally be usenet without an eternal September (which is the actual thing that killed it.) You grant trust to your friends, a little less trust to your friends' friends, and a lot less trust to their friends and strangers. Without a real name policy, you can maintain different identities as different pages and can have a different account to be friends with your aunt. With very little cultivation, you can make sure everything you read is stimulating, and very little is annoying. The problem with this model is that the business of the internet is to annoy you, and the first thing you would cut if you had the ability to cut would be the messages that the platform is paid to subject you to.