Fyre brand rights to get a sale on EBY

The Fyre Festival, the music festival, is one of the most reputable failures in the Internet. And now it can be for you! Well, it would have been if it entered into Auction by Bay Which sold the rights of the brand Fyre Festival in the latest attempt by Billy McFarland to pay 26 million dollars of recovery It is still a debtor to the people who were fraud.

Unfortunately for McFarland, his plan to invest in the Fyre festival’s name hardly installs what he owes. the AuctionWhich ended on Tuesday morning, received 175 offers and eventually sold for $ 245,300 – 1/10 of the suspended MCFARLAND bill. The sale included the name of the Fyre Festival, its registered commercial signs, intellectual property, social media accounts and domain names. What is the value of all of this? Well, McFarland says Fyre Festival has collected 32 billion of online appearances since 2016, which is definitely a lot of traffic. Of course, most of this was wandering at the equivalent music festival to accumulate 100 cars, but in reality they looked.

Perhaps the most interesting part of the auction package may be “content and piece of documentaries behind the scenes”, which may be useful for anyone who hopes to shed more light on the size of this thing. Certainly, there was already a documentary about the original catastrophe, but there is always a room for more. McFarland has also sold the Fyre Festival, which may actually have value for shoppers.

Also, no one is accused of frank account This has never been unprecedented on anything before. I put 23 bids at the FYRE festival auction, all on the last day of giving. On several occasions, raise the price without any other. Perhaps this is the natural behavior on EBay, but it seems at least strange.

The sale of the brand completely is the axis of McFarland, which was still earlier this year pumps Fyre Festival 2, which is another rift in the concept of the Music Festival that was scheduled to be held in the Caribbean. McFarland For the first time, I was offered to return in 2023 She immediately started selling pre -sale tickets for this event. This will be a complete shock. The completely semi -portable plan was collapsing. Earlier this year, McFarland announced that the event will be held in Ila Mujeres – only to the Minister of Tourism He says They have no knowledge of the event and did not give permission to host it there.

So the MCFARLAND was fully selling the brand. Frankly, this may be the best thing for him. Then it can stop tempting to revive the dreaded thing. Certainly, he will return with another scheme, as convicted criminals who suffer from attention with a little doubtful reputation tend to do. But Fyre now belongs to another person.