what does new promise does code example

Example 1: js create a promise

/*
	A Promise is a proxy for a value not necessarily known when the promise is created. 
    It allows you to associate handlers with an asynchronous action's eventual success 
    value or failure reason.
*/            
let promise = new Promise((resolve , reject) => {
  fetch("https://myAPI")
    .then((res) => {
      // successfully got data
      resolve(res);
    })
    .catch((err) => {
      // an error occured
      reject(err);
    });          
});

Example 2: promise js

A Promise is in one of these states:

pending: initial state, neither fulfilled nor rejected.
fulfilled: meaning that the operation was completed successfully.
rejected: meaning that the operation failed.