I believe that's approximately what this is trying to do https://radicle.xyz/#:~:text=radicle%20is%20an%20open%20source%2C%20peer-to-peer%20code%20collaboration

I believe that's approximately what this is trying to do https://radicle.xyz/#:~:text=radicle%20is%20an%20open%20source%2C%20peer-to-peer%20code%20collaboration%20stack%20built%20on%20git https://radicle.xyz/#:~:text=radicle%20is%20an%20open%20sour... although evidently using a custom protocol not ipfs itself