Other than this I don't know - the problem with social media is that you need network effects to make the platform valuable - nobody is going to pay for an empty place, and similarly nobody will join because they'd have to pay (so the platform would need to provide value from day 1).
Twitter is in a unique position when it comes to this - it already has the network effects and a significant userbase including influential people. This is why I'm also very excited about Musk's takeover of it. Do I agree with him about everything? Absolutely not - I think the man is unhinged. Yet, a stupid, ego-driven decision is our only escape from the cancer that is advertising.