I envision it like this: You log into your own domain to post content, this is shared with your followers (and available to anonymous visitors), then from your site's dashboard you can see and interact with the latest posts on your peer's websites. The hopeful result being distributed networks of creators. Instead of policies coming from one company in one country, creator's sites would be governed by their host in their preferred locale.
I've been thinking about this for a while and just started working in earnest this weekend. I've been spitballing it among my artist-friend circles with positive feedback. It does require commitment to invest the time and money to setup their own website, though I suppose it's possible for different services to exist that automate and federate hosting for them. Personally I've maintained my own gallery for years and I practice POSSE[1] but there's always that nagging reminder that the "elsewhere" has different motivations than just sharing my content.
[1] Publish (on your) Own Site, Syndicate Elsewhere: https://indieweb.org/POSSE