Terms
Sent lets someone launch a token that names a creator account. Fees from that token can be pulled into a vault Sent controls and then sent onward. Using the product means accepting that launches, trades and payouts happen on third-party launchpads and on Elysium, and that Sent can upgrade the vaults it deploys.
What you are doing
Launching names a vault. It does not create a customer relationship with the creator, and being named does not make that person a promoter of the token. Tokens can lose value. Fees can be delayed, forfeited by a launchpad, or left in a vault until a payout wallet is set.
Custody
Until a share is sent, Sent holds the vault balance. The docs describe what the owner key can change. Read them before you launch or set a wallet.
The canonical terms are published at sent.money/terms.