Many people think that a software project is code. They would say things like "forking a project is easy, you just make a copy of the repository", or "this clean-room re-implementation is a new project". But a project, whether commercial or open source, consists of people. The code is only a side effect, often necessary to let people from outside of the project make use of it, but not strictly required. There are software projects that produced no code, and ones that produced multiple codebases.
Kale