Billy McFarland has tarnished his name by attempting to host one of the biggest parties in the world: the Fyre Festival.
However, the whole world witnessed the event flop.
You’d think Billy McFarland would learn his lesson, but he’s now ready to create a new event.
This time the next event takes place in the virtual world.
Billy McFarland is currently trying to rebuild his name with another major music festival.
However, for the brave few who want to hear about the creator of the Fyre Festival and enjoy the music festival, they should shell out $250.
Even stranger is the revelation that McFarland will use the $50 from ticket sales to pay off his debt.
Billy McFarland shared his plans online with a video from TikTok.
He announced to the world that the music festival would be called PYRT (pronounced pirate).
In a short video, the creator of Fyre Festival explained that PYRT would partner with a remote destination.
They welcome artists, content creators, entrepreneurs and others willing to join the PYRT crew.
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The virtual aspect
Although PYRT is strongly reminiscent of the Fyre Festival, prospective audiences need not fear being stranded on a tropical island.
Billy McFarland dubs the event a “virtual immersive and decentralized reality.”
However, he said the event would not be part of the Metaverse.
Instead, McFarland says the technology is very close to the Metaverse.
The Fyre Festival creator added that the event would be held in either the Bahamas or a similar location.
The latter is more probable since the Bahamas government does not want to ally itself with Billy McFarland.
The Bahamian reception
Deputy Prime Minister Chester Cooper released a statement following McFarland’s teaser in November.
“The public is advised that no application has been made to the Government of the Bahamas for consideration of any event promoted by Billy McFarland or any entity or parties known to be associated with him.”
“The Government of the Bahamas will not endorse or approve any event in the Bahamas associated with him.”
The Bahamian politician also called McFarland a fugitive, noting he had several pending charges filed by the Royal Bahamas Police Force.
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Fyre Festival aftermath
The creator of the Fyre festival has since written to the government to apologize for the damage it has caused.
“My main focus is how I can right the wrongs and how I can make the Bahamas and Family Islands, a region I care so deeply about, whole again,” wrote McFarland.
Billy McFarland was sentenced to six years in prison for fraud in 2018.
He was also ordered to pay $26 million for the mess of a music festival.
McFarland was accused of defrauding investors from $27.4 million and was later convicted of selling festival tickets and other events.