Beenz

Flooz went bankrupt in August 2001 along with its competitor Beenz.com. eToys. com (1997-2001) The domain name is now owned by KayBee Toys, but eToys is another classic boom-to-bust story.

Top 10 Dot Com Flops acc to CNET Ben Barren 2005

The name Netscape carries about as much weight on the Web these days as Lycos, Beenz or Pets.com.

The Best of The Digital Download 2006

Beenz is a way -- it's a currency in its own right.

CNN Transcript - Special Event: Millennium 2000: Making Money - January 3, 2000 2000

COHEN: Well, Beenz is a completely independent currency.

CNN Transcript - Special Event: Millennium 2000: Making Money - January 3, 2000 2000

But what we've done is we've avoided Beenz having some of the features of a government-minted currency.

CNN Transcript - Special Event: Millennium 2000: Making Money - January 3, 2000 2000

Why in the world did you decide to call them Beenz?

CNN Transcript - Special Event: Millennium 2000: Making Money - January 3, 2000 2000

So that the Flooz that we saw moments ago works more like just a gift certificate that can be used at network retailers or whatever who actually agree to honor the same sort of a document or same e-document, if you will, while Beenz is actually something that's backed up by currency or something of some value?

CNN Transcript - Special Event: Millennium 2000: Making Money - January 3, 2000 2000

We have a central bank which is Beenz. com, and people get paid Beenz.

CNN Transcript - Special Event: Millennium 2000: Making Money - January 3, 2000 2000

Thanks for taking the time to come in and talk to us about Beenz.

CNN Transcript - Special Event: Millennium 2000: Making Money - January 3, 2000 2000

As a consumer, you buy Flooz for dollars, and you buy the face value of the Flooz, but you don't -- you can't buy Beenz, just in the same way as, you know, you can't really buy dollars.

CNN Transcript - Special Event: Millennium 2000: Making Money - January 3, 2000 2000