As seen throughout 2018 there was much volatility in the crypto market. With EOS for example, their token started the year valued at $9.45 on January 1st, with the highest day on April 29, 2018, seeing a valuation at $20.24 with a total market cap of 16, 690, 923,273 and a volume of 4,525,3000,000. Despite such a high valuation, it ended the year at just $2.55. Ethos(formerly known as Bitquence) started 2018 at $3.23, jumped up to $10.41 by January 7th but finished the year at $0.12. That top day, the market cap for Ethos was 784,602,659 USD with a 24h volume of 19,735,100 USD. The first version of their universal crypto wallet was released in July 2018. The Ethos wallet currently supports 150+ cryptocurrencies as of January 29th, 2019.
Enter Monarch Blockchain Corporation. They stand out from most other companies in the cryptocurrency and blockchain industry as they aren’t an ICO. They are a mostly self-funded Crypto start-up who already have a working product and happen to be holding a Token Generation Event which lasts until June 30th, 2019. With over 200,000+ downloads already, Its decentralized universal crypto wallet supports over 1,800 cryptocurrencies.
On top of having what is deemed by many to be the best universal decentralized cryptocurrency wallet to date, Monarch continues adding more flexibility, streamlining, making their wallet more seamless, while adding more capabilities for their users. A recent update to their Android and iOS Wallet apps now allow users to buy Bitcoin and Ethereum using their Bank Account or a credit card.
Monarch has also released MonarchPay, a unique payment solution that allows both businesses and consumers the ability to accept Bitcoin & Ethereum and get paid in U.S. Dollars. Solutions are also currently being built for easy integration into WordPress, Shopify, and Wix as well.
Monarch is doing a lot, and they’ve already accomplished much more than many other cryptocurrency and blockchain companies who’ve raised hundreds of millions, and some even billions. They’ve yet to spend a single ether of investor funds, having been mostly self-funded by Co-founder Robert Beadles and CEO Sneh Bhat.