Bubblr CTO Pens Message to Elon: Why WeChat Won't Work as the Prototype X App and Why Bubblr Will.

Elon Musk is on the wrong end of some terrible press coverage over his purchase of Twitter for  $44 billion. He now has a company that loses $4 million a day and a platform that is very challenging to monetize. 

The media seems to have forgotten Elon single-handedly forced the auto industry to go electric and help the world move away from fossil fuels for transport. Elon has done more to save the planet than any politician ever has, but this is conveniently ignored by the media, who are in such a hurry to demonize him over the Twitter deal. 

Elon has suggested several possible solutions to his cash bleed with Twitter. Firstly, charging an $8 per month paid verification plan is already provoking controversy.  Secondly, turning the Twitter app into the "X" app, which is a sort of Swiss army knife app that does many different things. Elon has already spoken fondly of the Chinese WeChat app. 

WeChat is enormously popular in China. It has a billion users in China alone. It is a  multi-purpose app that combines secure chat (think WhatsApp) with generic payment processing (think PayPal) and other social media platforms. 

Unfortunately, the Chinese government gets to access all your WeChat data. I believe it is fair to say that nobody in the USA would want an app where governments or anybody else could have access to all their payment and chat data. 

Data privacy on the internet and especially in mobile apps, is becoming ever more important in western democracies. For example, Apple's privacy changes have cut  Facebook's revenue significantly and caused advertisers to cut mobile advertising spending by 25%. So the challenge is to be able to provide free mobile services without capturing consumers' identities or behavioral data. 

Step forward Bubblr, Inc. A small-cap company that will provide open-source Flutter templates to allow anyone to build their own Super Apps or turn their existing apps into a  Super App. 

The founders of Bubblr, Inc. were profoundly influenced by Tesla and Elon Musk and adopted Elon Musk's "First principle thinking" approach to problem-solving originally conceived by Aristotle. However, in Bubblr's case, the problem is how to fix a broken internet that is not based on advertising and exploiting consumers'  personal and behavioral data. 

Bubblr will be launching its open-source Ethical Web platform in Q1 2023. 

The complex IP of this platform is made completely defensible by its extremely valuable patents that have been granted in many territories including in the USA. The founders of

Bubblr always knew the only way to change the internet was to make sure that the idea and the IP could be completely patent-protected. 

The Ethical Web open-source platform consists of API services and Flutter templates that allow any subscribers to build their own mobile apps using the templates or to take some of the flutter code and integrate it into their existing mobile apps. 

In order to showcase all the functionality available in the Ethical Web platform, the open-source Flutter template is effectively a framework for building a local community app to search for local goods and services where the local businesses just pay a fixed monthly subscription fee. Currently, most small businesses can only get online marketing leads by paying a small fortune to market specific app listing services. For example, Hotels.com  and Booking.com for accommodation. Uber Eats and Just Eat for fast food delivery.  These market-specific listings companies often take 30% or more of any orders and don't forward the money for a week or a month. They quickly become a club that small businesses have to join to get any online business but also a club where they feel they are being extorted. 

So the Bubblr Flutter templates allow a single app to be configured to search for any goods or services using very specific criteria for any market sector. The apps can work completely anonymously, so no user data or identity data is stored to be used or abused, and small local businesses are just paying a small fixed monthly fee rather than being gouged on every order. 

Here is the thing. Elon could create the X app by integrating the Bubblr Super App capabilities into the Twitter app. His X app can then make a lot of money and make the world a better place. 

How much revenue could this generate? The US has 31.7m small businesses. Suppose just 10% of these companies sign up for this service for $100 a month. That equates to $3.8bn per year, which would solve the cash flow bleed. 

I hope Elon gets to read this. Great for Elon, great for small businesses, and great for consumers.

Image sourced from Shutterstock

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