LaunchPAD Inc. is a software company and is producing the LaunchPAD Technology as free, open source software. This software technology may enable those who deploy it to launch a blockchain or decentralized applications with the features described above. LaunchPAD Inc. will not be launching a public blockchain based on the LaunchPAD Technology. It will be the sole responsibility of third parties and the community and those who wish to become part of this community of incentivized block producers to implement the features and/or provide the services described above as they see fit. LaunchPAD Inc. does not guarantee that anyone will implement such features or provide such services or that the LaunchPAD Technology will be adopted and deployed in any way.
LaunchPAD Inc. is building the LaunchPAD Technology and the LNCH Software, but it will not configure and/or launch any public blockchain platform adopting the open source LaunchPAD Technology (the “LaunchPAD Platform”). Any Launch of a LaunchPAD Platform will occur by members of the community unrelated to LaunchPAD Inc. or by third parties launching the LaunchPAD Platform that may delete, modify or supplement the LaunchPAD Technology prior to, during or after launching of the LaunchPAD Platform. This maintains that the communities adopting the open source technologies to launch the network will be fully decentralized from centralized authorities, or a single point of failure, and so hold a equal, panoptic and auditable mechanism for distribution.
All statements in this document, other than statements of historical facts, including any statements regarding LaunchPAD Inc.’s business strategy, plans, prospects, developments and objectives are forward looking statements. These statements are only predictions and reflect LaunchPAD Inc.’s current beliefs and expectations with respect to future events and are based on assumptions and are subject to risk, uncertainties and change at any time. We operate in a rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you are cautioned not to rely on these forward-looking statements. Actual results, performance or events may differ materially from those contained in the forward-looking statements. Some of the factors that could cause actual results, performance or events to differ materially from the forward-looking statements contained herein include, without limitation: market volatility; continued availability of capital and formation of capital, financing and personnel; product acceptance; the commercial success of any new products or technologies; competition; government regulation and laws; and general economic, market or business conditions. Any forward-looking statement made by LaunchPAD Inc. speaks only as of the date on which it is made and LaunchPAD Inc. is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, by request, subsequent events or otherwise.