Of spectacular dot.com failure, sells for $20,000 — Beenz.com, domain

Beenz.com domain name sells for $20,000.
Are we regarding to see a rebirth of online currency Beenz?
A European firm, Beenz Europe BV, has purchased the domain name Beenz.com for $20,000 and placed a “coming soon” page on the web site. The domain purchase was made through domain aftermarket Afternic.com.
Beenz.com was one of the most spectacular dot.com failures to lose its, um, beenz in the dot.com bust last decade.
Beenz rewarded web surfers with a virtual currency called beenz when they did things like visit certain web sites, by things online, etc. These beenz could then be cashed in for merchandise at various online retailers.
Following raising nearly $100 million in venture capital, the firm wound down operations in the bust. The purchaser of its assets let the Beenz.com domain name expire and the domain transferred owners multiple times following that prior to the recent sale. (The fate of rival Flooz and its domain name Flooz.com has been similar. It’s right now parked.)
Will we see a rebirth of the beenz concept a decade later?
Maybe. There’s scant information regarding Beenz Europe online, but there are some job listings that give a clue:
Beenz Europe B.V. is a start-up developing innovative client relationship management and client loyalty tools to be deployed by on-line and brick and mortar merchants.
The business was funded by successful serial internet entrepreneurs. Our product is being developed by an outstanding team of engineers, we are financially well funded, have by now secured our first Italian client and look forward to bringing aboard many others. We are headquartered in Amsterdam, The Netherlands.





