NBC will take a minority investment in Flooz.com, a site offering a form of online currency. NBC's investment in Flooz.com includes an equity investment as well as on-air promotion. Terms of the deal were undisclosed. In exchange, Flooz.com has locked down real estate on NBC Internet's portal Snap
. Flooz.com's currency will be available in the Snap Gift Certificate center. Sites that accept Flooz currency include Art.com, Babystyle.com, Gymboree.com and TowerRecords.com.
Copyright January 2000, Crain Communications Inc.