Installed mojave lost RapidWeaver 7-4 websites

Does the folder that replaced the rapidweaver project file look something like this?

Does the folder name end with .RW for RW7 or .RW8 for RW8?

Since you said you are able to open the “folder” that was the RW7 project with RW8, I would think it still needed to be named ????.RW. By chance do or did you have Perian an Open source QuickTime component installed?
If so might check out this post: