It’s made by Drew Devault who is mostly well-respected in the hacker community, and it’s made exactly to be an alternative to BigCo-owned source hosts like GitHub, Gitlab and Bitbucket.
Drew isn't well-respected, he's been far too antagonistic to far too many people over the years for that.
Latest news is that he authored/published a controversial character assassination on Richard Stallman while trying and failing to stay anonymous. Then some further digging after this unmasking found he's into pedophilic anime. Sitting on his computer uploading drawings of scantily-clad children to NSFW subreddits.
No-one with any decency can respect that behavior, it's disgusting.
It’s made by Drew Devault who is mostly well-respected in the hacker community, and it’s made exactly to be an alternative to BigCo-owned source hosts like GitHub, Gitlab and Bitbucket.