>> We do not collect name or any identity related personal information.... The rest of the demographic data like age, location, preferences, etc are used for users to be able to conduct segmented audience queries..... Example: I want to ask a parenting question, to women between 30 to 45 years of age on Chicago area...

Ok, so you able to identify user as living in Chicago area, by sex, by age, by email, but you still do not collect name or any identity related personal information? What kind of magic is this? Age, sex, area of living, email is definitely PII.

>> By the way, we do not intend to sell data or rely on ads business model.... So, the user data is safe and not going to be exploited like on many other social media platforms.

Many other social media platforms made this promise too at the start. Is there any reason to believe you that this will not change in a year, or after successful acquisition by some big player? Can you put it into ToS?