From 1999: https://geocitiesfp.tripod.com/webserver.htm
personally have not used but glad things like this exist
Of course (compared to now) it sucked. Discoverability was hard. Quality was (let's be generous) erratic. There was no interaction (no comments, chat et al - thats what email and news (nntp) were for.
If you look at the big businesses based on ad revenue (Google, YouTube, facebook) they evolved out of that landscape specifically to solve problems. Those problems remain regardless of where the sites are hosted, so moving the hosts won't affect them.
If searx wouldn't be so overengineered and if people had an easy way to integrate bookmarks into their search engines/linklists, I think this could have lots of potential. Maybe RSS or the new federation protocols might be a nice base for this.
In other words, how do you see this playing out? Replacing one search engine with another? Funded by not-ads?