Would a taxpayer-funded European social media platform work?

European Commission registered a European Citizens' Initiative for a European social media platform, european Commission registered an initiative on March 4th.

European Citizens' Initiative requires more than 1 million signatures from at least 7 EU member states during a 12-month collection period signature collection window and thresholds set by the Commission.

Activists have up to 1.5 years to collect signatures and for the Commission to decide on action activists' practical timeframe combining registration and potential Commission action.

Initiative proposes a platform that would be funded by society, implying involvement of taxpayers' money initiative text states funding model as societal contribution.

Estimates development and operation cost at approximately €1 per EU citizen per year, totaling at least €450 million annually cost estimate provided by the initiative.