Contract risk, the limits of the lock, runtime depletion, authorship risk, no warranty.
Smart contract risk
The contracts are not audited. They may contain defects that result in permanent, unrecoverable loss of funds. There is no administrator who can reverse a transaction, restore a balance, or intervene after the fact, and the immutability that makes the lock trustworthy also means a bug cannot be patched in place.
What the locked-liquidity guarantee can and cannot prove
A launchpad with no path to decrease a position proves that the specific liquidity it holds cannot be removed. It cannot prove that liquidity is deep, that a price is fair, that a market exists, or that anyone else holds the token. It says nothing about the value of any frequency.
Runtime-funding depletion
Runtime escrows deplete. This is normal and expected, not a malfunction. A frequency whose escrow falls below one tick's cost stalls: ticks stop, the state freezes at the last checkpoint, and the published record remains replayable. Assume any given frequency will eventually stall. Runway is shown, never a yield.
Copyright and authorship risk
A frequency's continuous output is not, on its own, eligible for copyright protection under current U.S. Copyright Office guidance. A documented Release may be independently protectable, but that status is untested for this kind of work and varies by jurisdiction. Provenance documents are authored by creators; Pitch does not independently verify their truth, and a false provenance is the creator's liability.
Anyone can launch
There is no gate on who may launch. A listing on Pitch is not an endorsement of the frequency, its creator or its claims.
No warranty, no advice
Pitch is provided as is, without warranty of any kind. Nothing on this site is financial, investment, legal or tax advice, and nothing here is an offer or solicitation. Tokens can go to zero. Do not commit funds you cannot afford to lose entirely.