Topic: Headphones Maker Monster ICO (Read 62 times)
Also saw the news that they want to collect $ 300 million that I can wish the project success, of course you need to understand what they actually will produce,and where the value of this will be, especially for investors who want to invest good amounts of money to get their profits,and with very good profits when the market goes up
Pretty crazy to see this project looking for so much funding, I don't think it'll be able to fill up such a cap specially for a token with the specified utilities... really looking forward to see how it does and to see the next already established companies venturing into blockchain.
For the last year 2017, Monster compagny revenu deacreased about 36% compared to previous year and it deacreased by more than 19% for the first quarter of 2018. So the campagny is willing to collect capital from a fundraising to help the compagny and to migrate to a new platform with the implementation of the new coin built at the top of Ethereum. This time, we are not discussing the next Killer App but how blockchain can help compagnies overpass their difficulties and managements. Many discussions are about chances of Monster campagny to reach their hardcap which is about 260.000.000$. 
Pretty crazy to see this project looking for so much funding, I don't think it'll be able to fill up such a cap specially for a token with the specified utilities... really looking forward to see how it does and to see the next already established companies venturing into blockchain.
According to a filing with the US Securities and Exchange Commission (SEC), the famous Monster compagny, which makes electronic accessories such as headphones and Bluetooth speakers(maker of HDMI cables) is planning to run one of the biggest ICOs of all time by selling Monster Money Tokens to build the Monster Money Network. The Monster Money Network will be used for payment processing, market analysis, accounting, audit and other services related to Monster products sold online.
For more details, read this article: https://www.cepro.com/article/monster_products_files_300m_cryptocurrency_offering_for_monster_money
For more details, read this article: https://www.cepro.com/article/monster_products_files_300m_cryptocurrency_offering_for_monster_money
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