Flooz


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Related to Flooz: Beenz

Flooz

A Web-based gift certificate system that started in late 1999 and went out of business in 2001. The sender prepaid the Flooz, which was emailed to someone like a greeting card, and the recipient spent it on sites that accepted Flooz. A free reminder service was also provided to keep people from forgetting anniversaries and other dates. See e-card.
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In addition to Flooz, some companies, such as Egghead and CDUniverse, have suffered serious reverses because of security breaches, and others, such as eBay, Amazon.com and Yahoo, have had their businesses brought to a halt by online vandals.
While some experts are worried that unregulated currencies such as beenz and flooz will destabilise the global economy, others think they are just a flash in the pan.
A current example is a program developed by Flooz.com, in which a consumer purchases (via credit card) units of an electronic currency called "Flooz," which in turn can be spent on-line at participating merchants.
But on the World Wide Web, there are beenz, flooz, Greenpoints, FreeRide points, Giftpoints, and an array of virtual e-certificates that can be used in place of traditional money to purchase merchandise.
Flooz, which is the online equivalent of a gift certificate, also has established itself as a noteworthy means of virtual tender.
In an e-world, if a start-up vehicle manufacturer wants marketing scale it can tap into e-centives.com or flooz.com Purchasing economies?
Whoopi Goldberg has made nice with Flooz.com; Jennifer Aniston with teen girl targeting Voxxy.com; Cindy Crawford, eStyle; Ed McMahon, Nextbigstar.com; Patrick Stewart, Ububu.com; and "L.A.
Other Internet retailers are beginning to incorporate in their frequent-shopper programs two forms of Web currency: beenz, from Beenz.com Inc., New York, and flooz, from Flooz.com Inc., New York.