Is Figma confusing teams with projects?

Hi all. I’m trying to add a new team and project to my company’s Figma repository. I discovered I only had “edit” and not “admin” access, although this is now supposed to be resolved.

But I was able to add an empty project to a team’s area… but then couldn’t create a design in it. That project now appears as a team and a project in the Figma UI. Why?