Robert Beadles, otherwise known as “Crypto Beadles,” the founder and president of Monarch, an all-in-one crypto wallet, believes that what the crypto industry needs is an interoperable platform that converts coins into spendable currency. In an interview with CryptoSlate, Beadles shared his thoughts on the state of the crypto industry and discussed the ways it was being improved.
Search for financial freedom brought Beadles into crypto
“A good product sells itself” is an old sales adage that can be perfectly applied to the Monarch wallet. Created as an all-in-one stop for everything crypto-related, the success of Monarch can be attributed to its founder—Robert Beadles.
While the modest Beadles attributes the steady growth of his company to the amazing team behind it, his entrepreneurial drive is what makes Monarch one of the most popular decentralized wallets in the crypto industry.
In an interview with CryptoSlate, Beadles revealed that he got his start in a California-based construction company, after which he transitioned to software development. Listening to a Max Keiser report back in 2011 got him infected with the “crypto bug,” Beadles said. After reaping huge success with his YouTube channel, CryptoBeadles, he went on to create Monarch, a decentralized crypto wallet.
He said when discussing the decision to keep Monarch free:
“It’s really important that people have the ability to control their own financial kingdom.”
Beadles funds Monarch from his own pocket, he says, adding that a part of the money that goes into developing new services comes from token sales. As Monarch offers payment and exchange services as well, it profits from merchant transaction fees. The company also plans on creating an ICO platform in the near future,