I'm sure my friends will be interested in carrying out their own projects on the server, but we have a very cooperative playstyle. Each player will no doubt socialize and gravitate towards one another's project's.
So to answer your question, it will without a doubt be a very social server with mostly cooperative play.
Only me and one or two other friends will probably use the server though, and it definitely will not be a 24 hour dedicated server as I will have to run it off my laptop.