The ethical technology company Bubblr Inc (OTCMKTS:BBLR) is currently involved in the development of an Ethical Web Open Source platform so as to bring about a better internet.
On Monday, BBLR stock fell 3.18% to $0.1600 with more than 12.22K shares, compared to its average volume of 15.97K shares. The stock moved within a range of $0.1600 – 0.2150 after opening trade at $0.1605.
Bubblr Completes First Successful Product Demonstration
On Monday, the company came into the news cycle after it announced that it had been successful in its first product demonstration initiative. The company also noted that its open source platform in question is also going to allow any non-profit or firm to get access to the software tools that would be necessary for the purpose of building the Ethical Web apps which can generate cash.
At this point in time Bubblr is on track to launch the first open source platform ever meant for Ethical Web Super Apps in the third fiscal quarter of 2023. Over the course of 2022, the founder of the company Steve Morris had been involved in speeding up the company’s product development process and that included the work towards taking care of a number of technical challenges.
The work that was put in last year helped Bubblr in finally coming up with a fully functional and demonstrable product. It was a positive development for the company and it would be interesting to see how the market reacts.