That Fyre Fest tweet featuring the sad sandwich will be auctioned off as an NFT for medical expenses
Trevor DeHaas auctions his 2017 tweet from the “dinner” he received at Fyre Fest as an NFT. But unlike the Fest itself, the tweeted photo of the soft cheese slice on wheat bread with some vegetables and a sad tomato in a styrofoam box is no joke; first indicated by AxiosDeHaas hopes to raise $ 80,000 that he plans to spend on his medical bills.
“With how popular the NFT market is now, I thought I would give it a try and hopefully raise enough money that I wouldn’t have to rely on a GoFundMe to pay for my medical expenses,” DeHaas said in an email. The edge“The last thing I want is to make someone guilty of buying the NFT and copyright to pay for my medical expenses, but I would like the auction winner to know their money is going to charity.”
Fyre Fest organizers labeled it an exclusive, upscale music festival in the Bahamas, featuring top-notch catering, renowned performers, and jet ski and yacht transfers. Kendall Jenner was one of the celebrities who paid $ 250,000 to promote the event, for which guests paid up to $ 12,000 to attend.
However, that did not happen.
Social posts from attendees such as DeHaas showed images of a poorly organized, substandard event that was nowhere near what was advertised, and soon the lawsuits began. In 2018, Fyre Fest organizer Billy McFarland was sentenced to six years in prison after pleading guilty to overbooking charges.
DeHaas said he was inspired by Twitter CEO Jack Dorsey’s auction of his very first tweet, which sold for $ 2.9 million on March 22. “Now, a few weeks before the festival’s 4th anniversary (4/28), I’m selling the most iconic cheese sandwich on the blockchain, along with copyright ownership,” he said. Axios
DeHaas clarified on Twitter on which he was selling the tweet flipkick.io, a New York-based company for artists and musicians to “monetize their work with physical NFTs,” said his websiteIronic twist: Ja Rule, co-organizer of Fyre Fest, is a partner in Flipkick, but DeHaas says the musician is not directly involved in the auction of his cheese bun tweet. However, Ja Rule who was acquitted of wrongdoing in connection with Fyre Fest, recently sold an NFT of a painting of the Fyre Fest logo for $ 122,000.
DeHaas says he plans to transfer the copyright and property rights for the NFT to the auction winner. His goal is to raise money for his medical expenses; according to his GoFundMe page, DeHaas is in terminal kidney disease and needs a kidney transplant. “I am currently on dialysis 7 hours a day and in the meantime I am trying to find a living kidney donor,” said DeHaas. The edge“The costs of a kidney transplant can be astronomical even with insurance. In addition, there are expenses for my donor that I would like to cover. “
Which begs a troubling question: Will NFT auctions become another tool – like GoFundMe pages – to raise money for costs not covered by America’s dire healthcare system? If anything good comes out of the debacle, it was Fyre Fest (other than the dueling documentaries on Hulu and Netflix), that’s a win for sure. But using NFTs to pay for surgeries and treatments introduces an even more bleak scenario for people desperate to pay their medical bills who aren’t Walter White or are independently wealthy.
Update April 8, 1:02 PM ET: Added comment from Trevor DeHaas