I guess the good thing about #Treads by #Instagram launching is that it will probably hasten the demise of #Twitter.
That said, #Meta (aka #Facebook) is harvesting a lot of user data for a simple app.
July 6th is the launch date, although rumor has it that the app will embrace #ActivityPub (what allows #Fediverse apps like #Mastodon, #Pixelfed, etcetera, to talk to each other) in October.