It is constructed of vapor, floating in the space, but does never materialise; hence the name vaporware. It has always the best features of all programs on the market. Only problem is that you can not buy (or do anything else with) this software. In fact it does exist only in mind of the developer.
Vaporware is sometimes announced by companies in order to damage the development of real products by competitors; if the customer believes the hype, they may put off purchasing the real product to wait for its vaporous rival to mature.
In rare cases vaporware may actually materialize after a long waiting time, often several years. Vaporware may be hyped.
Vaporware is also a company selling Amiga Internet applications.
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