Monster Inc. to Launch ICO to Recoup Losses

[kreslik.news]

Music cable manufacturer Monster Inc. is going to launch an initial coin offering and a new e-commerce website in an attempt to reverse its habit of losing money.

Background

Monster Inc. is a manufacturer of audio devices and accessories, most well-known for its line of audio and video cables.

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It was founded in 1979 under the name Monster Cable Products by engineer Noel Lee, who became convinced by experimenting with a recording of Tchaikovsky’s 1812 Overture that sound quality could be improved by cables that conduct electricity more efficiently. The company was renamed ... (read more)