It sure helps that the code is open source. However, there are some factors that still make it harder for other people to pick up a project
- a lot of knowledge can be lost how the system works and has to be reverse engineered
- which fork is the chosen one by the community and how will people know about it
- branding might be unclear, can you reuse the name or should you rename your project
A small team would inspire more confidence in the longevity of the project.