The rights to Fyre Competition offered on eBay for 245K

Billy McFarland, the fraudster who introduced you Fyre Competition, has offered the rights to the model on eBay for $245,300. We don’t but know who the client is or what they plan to do with such cursed IP.

Fyre Competition was a downright catastrophe. What was purported to be a luxurious music competition ended up stranding visitors on an island within the Bahamas. As an alternative of lavish villas and gourmand meals, the competition’s clientele, which included rich millennial influencers, received flimsy tents and famously unappetizing cheese sandwiches.

McFarland was later convicted of economic crimes because of his position within the competition, serving about three and a half years earlier than he was launched in 2022. However McFarland has not appeared to have realized his lesson. He tried organizing a second Fyre Competition, which was purported to happen this summer season in Mexico with tickets ranging between $1,400 and $1.1 million.

The second Fyre Competition by no means occurred. Playa del Carmen, the Mexican metropolis the place McFarland mentioned the competition would happen, claimed that there had not been any document of planning for the occasion, which didn’t have a allow. McFarland denied this, however introduced just a few weeks later that he would promote the Fyre Competition model.

“Since 2017, FYRE has dominated headlines, documentaries, and conversations as one of many world’s most talked-about music festivals,” McFarland wrote, failing to say that the competition garnered a lot consideration because of its colossal failure. “There’s a clear path for operators and entrepreneurs with sturdy area experience to construct FYRE into a worldwide drive in leisure, media, style, CPG, and extra.”

The eBay public sale says {that a} portion of the proceeds of the sale will go towards restitution — however McFarland owes $26 million, so this $245,300 sale isn’t going to make a lot of an impression.