Web money pioneer beenz.com will officially render its currency worthless at 05:01hrs BST on Sunday 26 August.
After a heavy cost-cutting programme at the start of the year, the remainder of the firm's 260 staff had appeared to be on borrowed time after Beenz was put up for sale this March.
Only a skeleton staff of five at the firm's New York office will remain to try and sell beenz's assets.
A statement on the firm's website said: "The operation of the beenz economy will be terminated at 12:01 am Eastern Standard Time on August 26 2001.
"No beenz earning or spending transactions will be honoured after that date and time. Any beenz remaining in a member's account after 12:01 am (EST) on August 26 2001 will be invalidated by beenz.com, and the member will not be entitled to any compensation of any kind for such invalidated beenz."
At its peak, beenz boasted around five million members and 300 associated websites which awarded and accepted the currency.
The idea of a universal web currency to replace old-fashioned cash attracted investors such as Oracle's Larry Ellison.
But soon, beenz won't be worth a penny. So, if you're still loaded up with some, it's time to find somewhere where you can let rip in one final splurge.
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