Nexo Digital is preparing something similar to what you said... We're organizing and preparing to launch our first Open Tibia server...
Tibia is one of the oldest MMORPGs and has an extremely active community. What we're preparing is a server called Nexo Champions, which will be a private Tibia server that will pay players through rankings and seasonal events.
The server should have its first closed test for the Nexo Digital and Hive community in August and its official launch should take place in October.
Nexo Digital has never asked for funds from the DHF and has been developing and paying for the servers with its own funds and having a slow development because we have an extremely small team but little by little we are building what we believe is good for our community and good for Hive!
We are weekly on our discord talking about the project and updating the community. Currently, our weekly meetings are held in Portuguese because that's our current audience, but we'd be very happy to expand and hold a weekly talk in English to talk about Nexo Champions in English or even in Spanish if the Spanish and English speaking community is interested.