That's not the worst idea. Honestly, I'm at the point where I'd pay money for an active social media site that varied humans as real people, required them to use their name, and so on.
User could pick their own post visibility, who can participate in comments, pick your own feed, etc.
Social media on the surface is neat, it's just all the other big company, advertising, and frankly human failures that make it suck :(
