Should I even consider running a 100% pay delegate.

[CLains]

Market price is information about what each share is worth. It is not just some random price floating in the air.

Market price depends on the volume you are trying to sell/buy. If you are using the best price, you have to understand that is the best possible estimate and is heavily biased, especially in liquid markets.

Lets take it here.

[monsterer]

Market price is information about what each share is worth. It is not just some random price floating in the air.

Market price depends on the volume you are trying to sell/buy. If you are using the best price, you have to understand that is the best possible estimate and is heavily biased, especially in illliquid markets.

edit: spell checking overrode meaning

[CLains]

Market price is information about what each share is worth. It is not just some random price floating in the air. If you try to push it down artificially, more buying will come and resist. If i magically had 5% of the supply and announced that I would sell it at 50% discount from where price is now it would sell like hotcakes.

[monsterer]

Was 100% Delegate pay 50 BTS per block? At 10 seconds block, that is 6 blocks per minute. 6*60 per hour, 6*60*24 per day, 6*60*24*30=259200 BTS per month. So pay is 50 BTS per block, times 259200 = 12 960 000 BTS. Then we divide this by 101? To get 128316 BTS a month per Delegate.

Delegate Income per month at 100% for different market caps:

$2279 at 35 million, (low-pay fulltime job)
$4558 at 70 million,
$6837 at 105 million, (high-pay fulltime job)
$22790 at 350 million,
$45580 at 700 million,  (3 high pay employees + $250k expenses a year)
$683700 at 10.5 billion..

Very possible I made some error here. Just trying to get an overview.

The error is with market depth. You can't just take the best price of BTS in USD and do a straight multiply - that gives you the very best possible case. Reality is that market depth means you could be looking at $200/month at 35 million - this is the very worse case.

Somewhere between $200 and $2279 per month at 35 million is the correct way to look at this.

[CLains]

Interesting....
Was there any question or statement or something in this post of yours?

It was a reply to the Fuzz!

At current Marketcap, what is a 100% delegate paying?   Has anyone made a table that shows the percentages of pay at various marketcaps at varying pay rates (10%,25%,50%,100%...)?

I get the impression the calculation made people scared of share issuance. I am still in awe at how touchy people are on this topic. I saw it rather as motivation for potential Delegates - if history of I3 is any indication so far, the problem is not that they have too many bounties in the air, but that nobody knows about them!

[fuzzy]

Just a couple points of clarification:

1) I wouldn't charge tonyk2 5% to give IT support. My post was partially in jest.

2) tony2k would solicit my advice on a hosting solution, compiling/running the client, and setting up some basic monitoring scripts.

It can be setup so my access can be terminated and someone else granted access (simple change to .ssh/authorized_keys) in the event tony2k either wants to fire for whatever reason (maybe he feels this is easy work and doesn't need to pay me or he's found someone to do it cheaper).

This isn't a lot different than what alt is offering with PAYALT. The biggest difference is that I'd be a contractor on retainer while he offers fixed units of work.

All pie in the sky right now. Just spit-balling ideas on how to make this all work.

I was simply bringing up a point

I honestly think that right now we have VERY few people even seeming to care to vote...so for all the talk about unfair, if they aren't even voting yet we have bigger problems. And that is getting a proper representative delegate slate in charge. I do not think we are yet at the point where any of this corruption stuff is going to matter. 

As for gamey. It's not a matter of want.  It is a matter of time.  I am pretty sure if I devoted all my time to running delegates...I could do so.  I MIGHT even be able to swing it when bitshares reaches the billion dollar marketcap--if that is all I spent my time on.  It would become my career...and that would be great.  But let's face it, with respect to lowering barriers to entry, BTS Delegates are not it. 

As I see it, delegates are businesses.  In the real world, businesses advertise with people who are proven trustworthy or well-known.  IF I am considered these things, I see no reason I cannot compete to get my delegate slate voted in.  I also see no reason why others can't compete in a similar fashion. 

I mean...to me, that will give people who are not technical gurus like our boy Riverhead here the ability to spread their peacock feathers and work to gain the support of shareholders.  And the best way to gain that support is to advertise them in a way that directly benefits the BitShares Ecosystem (and as such, increases their marketcap...and grows their funding). 

As far as Pay.  It is partially that, but it is more to point out that everyone's situation is different and that there are MANY valuable traits that people in this ecosystem have that do not necessarily fit in one nice neat little box. 

I'm trying to get people to think outside the box as much as I am trying to get paid (though if bitshares became a net gain for my "vault" it would be nice.)

[Riverhead]

Just a couple points of clarification:

1) I wouldn't charge tonyk2 5% to give IT support. My post was partially in jest.

2) tony2k would solicit my advice on a hosting solution, compiling/running the client, and setting up some basic monitoring scripts.

It can be setup so my access can be terminated and someone else granted access (simple change to .ssh/authorized_keys) in the event tony2k either wants to fire for whatever reason (maybe he feels this is easy work and doesn't need to pay me or he's found someone to do it cheaper).

This isn't a lot different than what alt is offering with PAYALT. The biggest difference is that I'd be a contractor on retainer while he offers fixed units of work.

All pie in the sky right now. Just spit-balling ideas on how to make this all work.

[gamey]

I can run the tech stuff for 5%.

Sent from my SM-G900T using Tapatalk

Though I personally am not against this (if you are only running, say, no more than 10% of the total number of delegates), I am finding that asking to have delegates pay you a % for a valuable service is looked upon as corrupting and therefore a no-go for members of the community.  However, I have not received many responses to my post so my data may be skewed.

People have repeatedly told you to run a delegate to be paid like the normal expected way.  You want to do a kickback type system.  You can't just put it all together in one group as being the same.

You do not want to run a delegate.  You say you don't want to run it when it is at scale.  That is ok, but Riverhead is using skills that readily have value in the real world.  He is doing stuff other people don't want to do. If I ran as a delegate and said I'd pay you $500 bitUSD to help continue the mumble server, that is not the same thing as having people give me kickbacks for me to push their candidacy .

I think you should be paid for mumble and community building efforts, people just disagree in the method of you being paid.

[fuzzy]

I can run the tech stuff for 5%.

Sent from my SM-G900T using Tapatalk

Though I personally am not against this (if you are only running, say, no more than 10% of the total number of delegates), I am finding that asking to have delegates pay you a % for a valuable service is looked upon as corrupting and therefore a no-go for members of the community.  However, I have not received many responses to my post so my data may be skewed. 

[Riverhead]

I feel like I am in the wrong place at the wrong time. The time calls for paying big bucks for the senseless self-promoters and just the smallest  bone possible to the devs. (The bone is just big enough, on the margin, for those devs., to keep them from running away, imho).

Part of an IT delegate's role is increasing the security of the network. I'd be willing to give a portion of my pay to devs working on this aspect of the protocol and user experience for github submits that make it into a release.

[abit]

Was 100% Delegate pay 50 BTS per block? At 10 seconds block, that is 6 blocks per minute. 6*60 per hour, 6*60*24 per day, 6*60*24*30=259200 BTS per month. So pay is 50 BTS per block, times 259200 = 12 960 000 BTS. Then we divide this by 101? To get 128316 BTS a month per Delegate.

Delegate Income per month at 100% for different market caps:

$2279 at 35 million, (low-pay fulltime job)
$4558 at 70 million,
$6837 at 105 million, (high-pay fulltime job)
$22790 at 350 million,
$45580 at 700 million,  (3 high pay employees + $250k expenses a year)
$683700 at 10.5 billion..

Very possible I made some error here. Just trying to get an overview.

Free market decide the pay rate .
If BTS is one trillion market cap now , you think shareholders would let toast have 100% payrate ?  1 % is more than enough .

Wow, one trillion! I can't image that..

[zerosum]

Was 100% Delegate pay 50 BTS per block? At 10 seconds block, that is 6 blocks per minute. 6*60 per hour, 6*60*24 per day, 6*60*24*30=259200 BTS per month. So pay is 50 BTS per block, times 259200 = 12 960 000 BTS. Then we divide this by 101? To get 128316 BTS a month per Delegate.

Delegate Income per month at 100% for different market caps:

$2279 at 35 million, (low-pay fulltime job)
$4558 at 70 million,
$6837 at 105 million, (high-pay fulltime job)
$22790 at 350 million,
$45580 at 700 million,  (3 high pay employees + $250k expenses a year)
$683700 at 10.5 billion..

Very possible I made some error here. Just trying to get an overview.

Free market decide the pay rate .
If BTS is one trillion market cap now , you think shareholders would let toast have 100% payrate ?  1 % is more than enough .

I do not think toast will care about the 'market decided' pay rate at 1 trillion market cap.

The decision will be between margaritas on the beach all day long or avatars on the screen for the same period of time... and the decision will be primarily  determined by his age at the time of the decisions...not by the pay rate...

[cn-members]

Was 100% Delegate pay 50 BTS per block? At 10 seconds block, that is 6 blocks per minute. 6*60 per hour, 6*60*24 per day, 6*60*24*30=259200 BTS per month. So pay is 50 BTS per block, times 259200 = 12 960 000 BTS. Then we divide this by 101? To get 128316 BTS a month per Delegate.

Delegate Income per month at 100% for different market caps:

$2279 at 35 million, (low-pay fulltime job)
$4558 at 70 million,
$6837 at 105 million, (high-pay fulltime job)
$22790 at 350 million,
$45580 at 700 million,  (3 high pay employees + $250k expenses a year)
$683700 at 10.5 billion..

Very possible I made some error here. Just trying to get an overview.

Free market decide the pay rate .
If BTS is one trillion market cap now , you think shareholders would let toast have 100% payrate ?  1 % is more than enough .

[zerosum]

Was 100% Delegate pay 50 BTS per block? At 10 seconds block, that is 6 blocks per minute. 6*60 per hour, 6*60*24 per day, 6*60*24*30=259200 BTS per month. So pay is 50 BTS per block, times 259200 = 12 960 000 BTS. Then we divide this by 101? To get 128316 BTS a month per Delegate.

Delegate Income per month at 100% for different market caps:

$2279 at 35 million, (low-pay fulltime job)
$4558 at 70 million,
$6837 at 105 million, (high-pay fulltime job)
$22790 at 350 million,
$45580 at 700 million,  (3 high pay employees + $250k expenses a year)
$683700 at 10.5 billion..

Very possible I made some error here. Just trying to get an overview.

Interesting....
Was there any question or statement or something in this post of yours?
Or should I just change the topic to Clains puts his math in writing... 'very possibly with errors' to use your own words ?
As I can no longer  move this thread to the Graveyard subsection, I can at least do THAT as a curtsey to you!

[sumantso]

I would vote for you, that is if I am bold enough to actually run the wallet. It kept throwing up so many bugs and issues I haven't used it for over a month.

Streamlining employees, volunteers is a problem here especially with the need to run a delegate. I hope BM looks to separate them out. The employees in particular would be listed on one page in the wallet in an easy to see GUI format and I can just allocate percentages to them, and their payrate would be determined by the weighted average. It will also allow me to put small percentages on the volunteers here who are helpful as tips.

I think the whole process is too complicated - both for the voters as well as the paid delegates.

[gamey]

Was 100% Delegate pay 50 BTS per block? At 10 seconds block, that is 6 blocks per minute. 6*60 per hour, 6*60*24 per day, 6*60*24*30=259200 BTS per month. So pay is 50 BTS per block, times 259200 = 12 960 000 BTS. Then we divide this by 101? To get 128316 BTS a month per Delegate.

Delegate Income per month at 100% for different market caps:

$2279 at 35 million, (low-pay fulltime job)
$4558 at 70 million,
$6837 at 105 million, (high-pay fulltime job)
$22790 at 350 million,
$45580 at 700 million,  (3 high pay employees + $250k expenses a year)
$683700 at 10.5 billion..

Very possible I made some error here. Just trying to get an overview.

The amount agrees with any numbers I've come across.  About $2500 a month USD for a full paid delegate.

Now I understand I very much wanted to keep the inflation rate under that of bitcoin.  I still do.  I just hope people realize what 2500 a month buys you in most Western countries.

We need motivations !  Not anti-motivation.

[CLains]

Was 100% Delegate pay 50 BTS per block? At 10 seconds block, that is 6 blocks per minute. 6*60 per hour, 6*60*24 per day, 6*60*24*30=259200 BTS per month. So pay is 50 BTS per block, times 259200 = 12 960 000 BTS. Then we divide this by 101? To get 128316 BTS a month per Delegate.

Delegate Income per month at 100% for different market caps:

$2279 at 35 million, (low-pay fulltime job)
$4558 at 70 million,
$6837 at 105 million, (high-pay fulltime job)
$22790 at 350 million,
$45580 at 700 million,  (3 high pay employees + $250k expenses a year)
$683700 at 10.5 billion..

Very possible I made some error here. Just trying to get an overview.

[zerosum]

I can run the tech stuff for 5%.

Sent from my SM-G900T using Tapatalk

I am absolutely certain you can Riverhead.

==============================

Now, can a mod move this thread to the vastly expanding Graveyard sub section of the forum, please.

[Riverhead]

I can run the tech stuff for 5%.

Sent from my SM-G900T using Tapatalk

[fuzzy]

I would vote for you. And I like those ideas you mentioned to (possibly) bring value to this sphere. We need some diversity in ideas, not just plain vanilla developers and plain chocolate marketers, but some ideas people trying weird things. Beyond a certain point, I think that sort of innovation will be key for market growth.

Being a delegate makes sense for some, but not for others. You'll need to decide what it means for you. I'm leaning against getting involved that way. I've realized that the things I'm going to do to help BitShares, I probably will do anyway. I'm fortunate that I don't need a job in the meantime, since I have one. If the market cap increases to the point where delegates are making serious money, then my stake means that I'll already have made some good money from the price increase. So I'll leave it for those who need it, and who can add more value than me.

I think there should be a taskforce delegate and it can use a large portion of its funds for community bounties so people can make a little stake in the system for all the work they do.  Sure many people are doing what they are doing because that is what they want to do--for now--but that doesn't mean that giving incentives that everyone can do on a daily basis will not significantly help. 

[donkeypong]

I would vote for you. And I like those ideas you mentioned to (possibly) bring value to this sphere. We need some diversity in ideas, not just plain vanilla developers and plain chocolate marketers, but some ideas people trying weird things. Beyond a certain point, I think that sort of innovation will be key for market growth.

Being a delegate makes sense for some, but not for others. You'll need to decide what it means for you. I'm leaning against getting involved that way. I've realized that the things I'm going to do to help BitShares, I probably will do anyway. I'm fortunate that I don't need a job in the meantime, since I have one. If the market cap increases to the point where delegates are making serious money, then my stake means that I'll already have made some good money from the price increase. So I'll leave it for those who need it, and who can add more value than me.

[zerosum]

Thanks to all who cared enough to respond!


It was useful, informative and I really appreciate the input.


The thread has helped me in determining the answer to the threads question:
"Should I consider  running for a paid delegate"

The answer is unequivocally - 'NO'.




The reasons are many:

 - from personal point of view it does not make sense at all - no one cares if you risk more then you receive, so why bother?

 - from community point of view - not too many people care for this kind of stuff… obviously.

 - from I3 point of view…well I do not really know – it is maybe that early adopters are not that valuable as their baby is growing HUGE now… early adopter did what they did for them, screw them now as they are no longer needed…



I feel like I am in the wrong place at the wrong time. The time calls for paying big bucks for the senseless self-promoters and just the smallest  bone possible to the devs. (The bone is just big enough, on the margin, for those devs., to keep them from running away, imho).

[fuzzy]

tonyk could offer to not post anything anymore and thus create value if elected.

That's the kind of posts I was hoping for!
 

lol...best comment ever for comedic value.  Tony knows his stuff and is painfully honest about his opinions.  I can certainly say that I respect it...even when he say's i'm stealing funds from him for the DOTA Tournament!

At current Marketcap, what is a 100% delegate paying?   Has anyone made a table that shows the percentages of pay at various marketcaps at varying pay rates (10%,25%,50%,100%...)? 

[julian1]

Lets turn $1,000 into $1,000,000 (or at least 750K).

Would this entail writing a blog or something, to spread the word?
Yes I think it will need a page, a blog or a small website.

In my mind if this goal was achieved, it would be it's own reward and wouldn't need dipping into delegate funding.

Fast Tight bitUSD Peg

Again, being a market maker and providing liquidity should be a profitable activity by itself. It's the profit opportunities that drive the spread tightness.

True! So you are saying I should not run for delegate?
But being the developer of the best blockchain based product around will be highly profitable for the developers who do it. Why pay them when they will benefit either way by being a BTS holders.?

There's an argument that they provide higher relative value, and they attract external developer resources who are risk-adverse and motivated by short-term salary potiential, rather than capital gain. With that said, I probably wouldn't fund them via inflation either, if it were my choice.

[zerosum]

Lets turn $1,000 into $1,000,000 (or at least 750K).

Would this entail writing a blog or something, to spread the word?
Yes I think it will need a page, a blog or a small website.

In my mind if this goal was achieved, it would be it's own reward and wouldn't need dipping into delegate funding.

Fast Tight bitUSD Peg

Again, being a market maker and providing liquidity should be a profitable activity by itself. It's the profit opportunities that drive the spread tightness.

True! So you are saying I should not run for delegate?
But being the developer of the best blockchain based product around will be highly profitable for the developers who do it. Why pay them when they will benefit either way by being a BTS holders? Because of this I see a certain flows in this logic.

[julian1]

Lets turn $1,000 into $1,000,000 (or at least 750K).

Would this entail writing a blog or something, to spread the word? In my mind if this goal was achieved, it would be it's own reward and wouldn't need dipping into delegate funding.

Fast Tight bitUSD Peg

Again, being a market maker and providing liquidity should be a profitable activity by itself. It's the profit opportunities that drive the spread tightness.

[zerosum]

@gamey Thanks for posting this very thoughtful post of yours. Really appreciated.



I put this thread/OP out here:

First, to see if BM is at all open to considering including (helping with his shares) to vote for delegate performing similar services. To be honest I have not read at all what is his opinion on that. I mean it is pretty obvious that I will sponsor in most likelihood some development work, but it should be also clear that I will not be the one directly doing the coding.

Second, I want to hear opinions about the ideas in general but the important part is I believe they should work and I will do them risking my own money to implement them.
And no the delegate pay will take many, many months to even get close to covering my exposure resulting from testing those ideas of mine. And I consider most of them (if they work, and they should) bringing pretty direct benefits to BTS, as well as other indirect benefits to the BTS community.

[gamey]

There is a real problem with this and putting up the 2 weeks pay.

So for example - you have 4 posters saying yay ! and no one says nay !  So you have to put up a lot of money for the chance to be voted in. One still doesn't know where things stand. It is just putting too much of a burden on legitimate people.

I mean, sure I'll vote for Tony but my stake isn't particularly big. 

The problem is - We're asking people to be paid little, give a lot of their time, and risk sizable money upfront for the chance to do it.  This is a great incentive to keep away scammers but it is also just as much of an incentive to keep away people who might actually provide a lot of value.

Tony is obviously a person very dedicated to Bitshares. He puts a lot of his BTS in collateral and is as active and passionate as anyone. He also seems that he is likely underpaid at whatever he normally does so this is an extra for Bitshares owners. His proposition is a most reasonable one - ASSUMING his peg ideas seem like they should work. AND if we don't think they should work, maybe we can find something better for him to do.

It appears we have taken quite a negative hit on marketcap with the direction things are going, but it is hard to separate out the cause and effect. If we do not take opportunities such as this one then we have shot ourselves in the foot.

Having Tony sit around for what is currently minimum wage and work on things is a positive. If he is willing to take feedback and adjust his approaches then it is even more of a positive.

Edit - I am not trying to say the fund ideas won't work.  I just haven't had enough time to think about them.  I'm not a die-hard market guy so the results of such plans do not really form so readily in my head.  What I am saying that is even if you think those ideas are not the best, then we as a blockchain should work with Tony in some regard.  It would be foolish not to do so.

[zerosum]

OP updated with the actual ideas of the kind of services I am interested in providing.

[CLains]

Vote Tonyk: The BitShares Bulldog!

 

[cube]

tonyk could offer to not post anything anymore and thus create value if elected.

And this forum would have less of the fun.   

[zerosum]

...

Fan of your work, got my vote

Ohh, shudgumbguls.... my past button failed to work apparently...

[mint chocolate chip]

...

Fan of your work, got my vote

[zerosum]

tonyk could offer to not post anything anymore and thus create value if elected.

That's the kind of posts I was hoping for!
 

[bitmeat]

tonyk could offer to not post anything anymore and thus create value if elected.

[btswildpig]

Can you make more economic value for the system significantly by spending 100% ?


That would be the real question . If so , no matter who you are , you should run it .

If not , even you are Bytemaster , you should not run it .

So , draft a business proposal first .

[zerosum]

Should I even consider running a 100% pay delegate.

I am testing the waters here, if this proposition is even possible now or ever.

I should be pretty notorious on this forum, so if you do not know me you probably have not dared to say anything remotely controversial... like ever.


Here is the pitch:

My pay -
100% paid delegate, keeping the minimum of BTS at the start. I am making minimum wage in US (the exact number will be calculated at the start of the delegate but something like $7.25/hr or at current rate $1242 mo. / 400 BTS/BTC = 3.105 BTC or 3.105/ 0.0000465  = about 66,775 BTS/mo.)

That amount is after income taxes. Additionally I do not feel qualified enough to run a delegate by myself at an acceptable enough level  (I mean technically),  so I will use the services of somebody else to run the tech part of a delegate for me. For this writing I assume this expense @ 3 times the non-diluted delegate pay-rate. Hopefully this will be less, we will see.

I just want to make one point clear. I expect to be paid the same amount of BTS in the future (after expenses). In other words I will start with the minimum take home wage and expect it to grow as the BTS grows.
 Some development cost is to be expected in some phases of this project.

Services provided -

I intend to run several projects, aimed at benefiting the community by providing information, supporting the market peg and or testing concepts for the benefit of the BTS community at large. The projects I want to start out with are listed below. Most of them require some funding. I intend to provide the funding myself aka use my own funds to run those projects to begin with. Some of the projects will benefit greatly by the support of the community, and for those I will try to provide explanation how this can be achieved.

Lets turn $1,000 into $1,000,000 (or at least 750K).
The idea is discussed at https://bitsharestalk.org/index.php?topic=11187.msg148176#msg148176
. I will provide the initial funds as well as info on the trades made on a regular basis. It should be fun and will also provide inspiration and keep the moral of smaller stakeholders high.
[additional funding needed $0 to $350] for the whole duration of the project.
[End date - BTS reaching $2.50/piece]

Fast Tight bitUSD Peg
The general idea is described here https://bitsharestalk.org/index.php?topic=11002.0 . This asset/fund will benefit hugely if implemented on a larger scale, but my effort may be used as proof of concept.
The inner workings of the idea are to keep a call at the peg position and buying underpriced bitUSD and selling them at the peg while providing very tight sell price for willing bitUSD holders. The profitability of this strategy is undetermined in BTS terms (but believed to be profitable) but expected to be fairly profitable in bitUSD terms. Initial funding will be provide by me.
 There will be up to 2 user issued asset for this idea to work:

• FastbitUSD sold at 1.0075 bitUSD [maintained by me with a sell amount determined by the inner workings of the fund]
• FastbitUSD bought at $1.00. For all FastbitUSD sold. Paid in BTS!
  

[It works like this for the customer. The customer has 1 bitUSD. He buys 1 FastbitUSD for 1.0075 bitUSD and sells it immediately for the peg amount of 1 BTS, paid in BTS.]

SUPPORTFastbitUSD
SUPPORTFastbitUSD is an asset for the people that wish to support a tight peg. They donate $1 and receive 1 SUPPORTFastbitUSD badge/asset. If the operations of FastbitUSD are profitable (not guaranteed but expected) all SUPPORTFastbitUSD holders receive distributions as the profits of FastbitUSD, when the bitUSD market grows and matures.

Perpetual Mobile Advertising Fund
The idea is described here:[link]
Generally instead of shorting bitAssets by themselves people donate to this fund. The fund shorts pretty much all of its BTS. It uses some of the  profits from shorting bitAssets to fund out the marketing campaign(s). It is originally described here  [link], but in general any marketing that grows the value of BTS).
The fund will hugely benefit from mass support and DAC wise marketing campaigns needing funding. Until such efforts are found - it will donate the vast majority of its profits to the available marketing  projects as of the time of the distribution)
[The fund will start by not issuing any shares and will only use my personal funds as a proof of concept. It will proceed as by issuing user issued assets for donation purposes, no expectation attached]

Trading bots
I have some ideas. Details might be coming, if the above goes at least semi-smoothly. Let just say that the Fast Tight bitUSD Peg idea above is fair easily converted to code as the trading follows pretty firm rules. This is just the beginning of what I have in mind
.


[disclaimer] The above is just a general statement of my ideas. While I believe all of them to be highly profitable and beneficial, no actually return is promised or guaranteed in any way shape or form]

Thoughts ,comments, and ideas are highly appreciated!