> All it needs to do is to get rid of the invite system

Exactly. The hype will be dead by the time people can actually join.

If we look at the example of Clubhouse, the invite system just pissed a lot of people off. So by the time they finally opened up the app to the public, the goodwill of the potential userbase was spoiled.

Invite systems feel bad and hurt your relationship with your future users.