why are cohost pages called projects. was the code based on something else?

hello i'm lily (my fursona is called tauon)
i'm gay and mentally ill
i am plural. the headmates i know of are:
🌸 lily (host)
🪙 Penelope
🦊 matilda
we don't remember to use the emojis like ever
i post good about being gay and programming in the rust programming language
ask me stuff!! :3
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why are cohost pages called projects. was the code based on something else?
My understanding was it came from the conception of having multiple owners for a given page. And maybe also from the original plan before cohost being a patreon-like where you would subscribe to support people in their projects? I might be misremembering though