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05-31-2018, 02:34 PM
Monster headphones grasps at relevancy with planned $300 million ICO
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If at first you don't succeed, maybe try launching a $300 million initial coin offering (https://mashable.com/category/initial-coin-offering/).*
That appears to be the thinking of headphone manufacturer Monster Products, Inc., which last week filed a statement (https://www.sec.gov/Archives/edgar/data/1675583/000149315218007872/forms-1.htm#a_003) with the SEC laying out its plans to sell "Monster Money Tokens" in what could charitably be described as a last grasp at relevance.*
SEE ALSO: Our favorite blockchain pitches of 2017 (https://mashable.com/2017/12/29/year-of-blockchain-pitches/)
Coindesk spotted (https://www.coindesk.com/headphones-maker-monster-quietly-planning-300-million-ico/) the SEC filing in question and noted that the company perhaps most famous for losing control of Beats (https://mashable.com/category/beats/) just so happens to have also been "losing money for years." Monster Products is the same manufacturer that, according to an in-depth Gizmodo report (https://gizmodo.com/5981823/beat-by-dre-the-inside-story-of-how-monster-lost-the-world), developed Beats headphones but then signed away the technology rights to Interscope Records co-founder Jimmy Iovine and Dr. Dre. Read more... (https://mashable.com/2018/05/30/monster-headphones-ico/)
More about Headphones (https://mashable.com/category/headphones/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Cryptocurrency (https://mashable.com/category/cryptocurrency/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Initial Coin Offering (https://mashable.com/category/initial-coin-offering/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Tech (https://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Other (https://mashable.com/category/other/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/73c_opA-9no
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If at first you don't succeed, maybe try launching a $300 million initial coin offering (https://mashable.com/category/initial-coin-offering/).*
That appears to be the thinking of headphone manufacturer Monster Products, Inc., which last week filed a statement (https://www.sec.gov/Archives/edgar/data/1675583/000149315218007872/forms-1.htm#a_003) with the SEC laying out its plans to sell "Monster Money Tokens" in what could charitably be described as a last grasp at relevance.*
SEE ALSO: Our favorite blockchain pitches of 2017 (https://mashable.com/2017/12/29/year-of-blockchain-pitches/)
Coindesk spotted (https://www.coindesk.com/headphones-maker-monster-quietly-planning-300-million-ico/) the SEC filing in question and noted that the company perhaps most famous for losing control of Beats (https://mashable.com/category/beats/) just so happens to have also been "losing money for years." Monster Products is the same manufacturer that, according to an in-depth Gizmodo report (https://gizmodo.com/5981823/beat-by-dre-the-inside-story-of-how-monster-lost-the-world), developed Beats headphones but then signed away the technology rights to Interscope Records co-founder Jimmy Iovine and Dr. Dre. Read more... (https://mashable.com/2018/05/30/monster-headphones-ico/)
More about Headphones (https://mashable.com/category/headphones/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Cryptocurrency (https://mashable.com/category/cryptocurrency/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Initial Coin Offering (https://mashable.com/category/initial-coin-offering/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Tech (https://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Other (https://mashable.com/category/other/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/73c_opA-9no