One of my favourites is Boo.com http://en.wikipedia.org/wiki/Boo.com
Flooz was meant to be online currency that would serve as
an alternative to credit cards. It boggles the mind why
anyone would rather use an "online currency" than an actual
credit card, but that didn't stop Flooz from raising a
staggering $35 million from investors and signing up retail
giants such as Tower Records, Barnes & Noble, and
Restoration Hardware.
That sounds eerily familiar in the modern economy.