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PeerTube needs content more than it needs anything else. There's no reason to use a mobile app if there is nothing to watch on it anyway.
The problem is that it is just a fundamentally un-profitable platform for creators. Ads don't work (... period but also) because of the decentralized nature of it. Any instance/frontend that added ads would be shunned in favor of those who don't. And any video hosted only on a single "instance" would rapidly cost way too much if it ever became moderately popular.
Which means there is no reason for Content Creators to... care. So the best it can ever get is "early youtube". And people SAY they want early youtube videos but everyone is deeply spoiled by the difference between a video that was made in a week of after work tweaking versus weeks of full time planning and editing.
Which is why peertube in general is one of the "fediverse" products that... I feel really weird about. I forget if Floatplane/Weapons of Guntube/whatever use it or something they rolled themselves, but this really feels like the kind of software project that has the end state of getting "adopted" by a corporation and the major devs hired on as consultants.
Like, twitter (mastodon), reddit (lemmy), and even instagram (??) make sense to me and are very conducive to self hosting since... they are message boards and that is how we used to roll. But video is expensive and hard AND needs incentives to create "good" content for it.
I also feel like the algorithm is kinda brutal. Even if there's good stuff I'm not sure I'd ever really find it