I'm gonna quote my comments on the subject from another thread as part of my thoughts here.

[quote]It seems like a good idea right now with all this activity but it ends up being counterproductive to keeping the activity going in the longer term. Its also common for people to get carried away and make spaces for IC content which ends up splitting content, creating inside jokes & references, and causing confusion among other things. I've seen it done and even done it myself and seen all these things happen at one time or another.[/quote]
While I am well aware of Discord's fantastic power to rapidly iterate through ideas and collaborative projects, you often end up with the "in-group" who has entirely too much time to lurk there, and the "out-group" who almost never has time to keep up with it and is often not present when major things are happening.

All of that said, I would simply say to proceed with caution.