Billy McFarland has smeared his own name trying to throw one of the biggest parties in the world: the Fyre Festival.
However, the whole world witnessed his downfall.
One would think Billy McFarland would learn his lesson, but now he’s ready to create a new event.
This time, the next project takes place in the virtual world.
Billy McFarland is currently trying to rebuild his empire with another big music festival.
However, for the brave few who want to hear from the creator of the Fyre Festival and enjoy the music festival, they should shell out $250.
Even weirder is the revelation that McFarland will use the $50 from ticket sales to pay off his debt.
Billy McFarland shared his plans on TikTok.
He announced to the world that the music event would be called PYRT (pronounced pirate).
In a short video, the creator of Fyre Festival explained that PYRT would partner with a remote destination.
There they will welcome artists, content creators, entrepreneurs and others willing to join the PYRT crew.
The virtual aspect
Although PYRT is strongly reminiscent of the Fyre Festival, curious viewers need not worry about being stranded on a tropical island.
Billy McFarland envisions the event as a “virtual immersive decentralized reality.”
However, he said the event would not be part of the Metaverse.
Instead, McFarland says the technology is like the Metaverse.
The Fyre Festival creator added that the event would be held in the Bahamas or a similar location.
The latter is likely because the Bahamian government does not want to affiliate with Billy McFarland.
The Bahamian reception
Deputy Prime Minister Chester Cooper wrote a statement following the project’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 named McFarland a fugitive with several pending charges filed by the Royal Bahamas Police Force.
Fyre Festival aftermath
The Fyre festival creator has since written to the government to apologize for the damage he 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.
Four years ago, Billy McFarland was sentenced to six years in prison for fraud.
He was also ordered to pay $26 million for the music festival mess.
McFarland was charged with defrauding investors out of $27.4 million and later jailed for selling tickets to the festival and similar events.