Yes, it is!
Let me tell you something about Betteridge’s law for headlines
They did an announcement when the project was started; https://forgejo.org/2022-12-15-hello-forgejo/
The main reason being
We started Forgejo in reaction to control of Gitea being taken away from the community by the newly-formed for-profit company Gitea Ltd without prior community consultation
Codeberg uses Forgejo
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Well, it’s only maintained through dependency updates
Add the bot problem to it and you’ll get garbage in, garbage out