Monster headphones grasps at relevancy with planned $300 million ICO

If at first you don’t succeed, maybe try launching a $300 million initial coin offering. 

That appears to be the thinking of headphone manufacturer Monster Products, Inc., which last week filed a statement with the SEC laying out its plans to sell “Monster Money Tokens” in what could charitably be described as a last grasp at relevance. 

Coindesk spotted the SEC filing in question and noted that the company perhaps most famous for losing control of 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, developed Beats headphones but then signed away the technology rights to Interscope Records co-founder Jimmy Iovine and Dr. Dre. Read more…

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Source: Mashable | Monster headphones grasps at relevancy with planned 0 million ICO