Does this allow tracking for the purposes of ad revenue for each individual service? I know everyone likes to say, "YouTube fucks creators on ad revenue sharing," and "real creators use sponsorships," but new creators don't have access to sponsorships. Sure, these old heads can get by on their nord vpn checks and whatnot, but if a new creator can't utilize ad revenue to get off the ground, this is going to turn into an elites-only service.
Second, backing up all videos so that "even if they get deplatformed, you can still follow the people you want to follow" is gonna wind up being a haven for hate speech and bullshit videos. If I search for a key lime pie recipe on their app, and my feed is inundated with right wing nutjobs who also bake, then I'm still supporting the nutjobs, and I may not know if.
All in all, this seems very "hopeful" and "utopian", but unfortunately, we don't live in that culture, yet. If someone gets deplatformed for a perfectly valid reason, and someone else got deplatformed for their lisp, I'll still have to see both of them if I use this service and I'm doing a broad search. I don't want that. Moderation exists for a reason. I understand that it has gotten out of control, but the solution isn't to burn the system down without a new one in place. You have to find a way to correct all of the problems, not just the ones that affect you and your channel.