While Fyre Festival II is officially selling tickets and disgraced promoter Billy McFarland insists the festival is happening, the local Mexican tourism board claims "this is an event that does not exist."

The market will resolve YES if Fyre Festival II is either cancelled or the opening date is delayed later than Friday, May 30, 2025 local time. The number of attendees and performers, as well as the venue location, are irrelevant to this question. Changing the length of the festival does not affect this market outcome as long as it begins on May 30th.

The market creator will not trade in this market. The question will not resolve as a percentage.