I think that would be really difficult to pull off in a way that generates usable fonts. A huge part of fonts is subjective human perception of them.

It would be cool for marketing style fonts though.

Looking at the link and the editor, it seems like a feasible fork.

Relevant tom7 project:

http://tom7.org/lowercase/

Douglas Hofstadter went there with his Letter Spirit project/concept/something. I can't find a decent single link about it, but there seems to have been an HN discussion https://news.ycombinator.com/item?id=37754559

Gary McGraw was the first doctoral candidate to work on the Letter Spirit project:

https://web.archive.org/web/20220331021500/http://goosie.cog...

And John Rehling did a second portion in his doctoral work:

https://web.archive.org/web/20150320160815/https://www.cogsc...

(Thanks for this complaint - I hadn't realized that Rehling's thesis was linked from the Waybacked version of his personal page, and that finally completes my collection!)

You can also read Chapter 10 in Hofstadter's 1995 book "Fluid Concepts and Creative Analogies" for a pretty solid overview.

But yeah, seeing this project immediately reminded me of Letter Spirit, since it's basically a web editor for gridfonts.