Constraints can be liberating and increase focus and creativity. See limited budget films vs formulaic blockbusters, or even twitters orignal 140 limit and how it led to the platform flourishing.
I think there is definitely room for a product like this, and maybe even some kind of max follower limit could also skew more to connection over influencers.
I love this segment of an interview with Charles Eames regarding design's need for constraints:
Q: Does the creation of Design admit constraint?
A: Design depends largely on constraints.
Q: What constraints?
A: The sum of all constraints. Here is one of the few effective keys to the Design problem: the ability of the Designer to recognize as many of the constraints as possible; his willingness and enthusiasm for working within these constraints. Constraints of price, of size, of strength, of balance, of surface, of time, and so forth. Each problem has its own peculiar list.
I think there is definitely room for a product like this, and maybe even some kind of max follower limit could also skew more to connection over influencers.