Dunno if you're meaning club rather than team there.
Having a hive team would be pretty pointless unless it has a good enough level (let's say atleast diamond). Finding 5-7 players with that level on the hive is doable (though it might be quite hard in the current conditions), but then the problem will be if they can or cannot join it. A team takes a lot of time : getting used to each other, training, tournaments, and so on. And not everyone has that time between studies, work, sport, if they've already got another team, etc... A lot of issues that would make it not really doable.
However, creating a Hive club can be done to help people from hive at playing with each other and could work pretty well (kind of similar to the hive's dota 2 steam group a few years ago), and is possible on any regions (where there are atleast a few hivers).