The first 100 tickets for Fyre Festival II have already sold out, despite organiser Billy McFarland not revealing any of the acts, and the 2017 event being a notorious catastrophe that saw McFarland jailed for fraud.
In a video uploaded to YouTube, McFarland also said he wanted to "execute Fyre's vision to the highest level" before adding there were plans to produce Fyre Festival: The Broadway musical.
"I wrote out this 50-page plan on how we would take this overall interest and demand in Fyre and how we would take my ability to bring people from all around the world together to make the impossible happen," he said during the video, announcing tickets were on sale.
"But we would find the best partners in the world to allow me to be me, while executing Fyre to the highest level."
The original event was supposed to run over two weekends in the Bahamas back in 2017 but descended into absolute chaos that saw partygoers lacking basic amenities and food.
An influencer-led campaign swamped social media in the lead-up to tickets going on sale, with the likes of Kendall Jenner, Hailey Baldwin, Bella and Gigi Hadid, and Emily Ratajkowski being seen frolicking on boats in the Bahamas.
Jenner alone was reportedly paid US$250,000 ($365,000) for a solitary Instagram post advertising the festival.
The disastrous string of events saw organiser McFarland sentenced to six years in jail for defrauding investors in 2018.
One-hundred tickets for the upcoming version of the festival, which is due to take place in the Caribbean in December next year according to McFarland, went on sale for US$499 (NZ$839) with later releases expected to cost up to US$7999 (NZ$13,458).
They subsequently sold out, according to an updated post from McFarland on TikTok, in which he stated, "FYRE is about people from around the world coming together to pull off the impossible", promising they will have "incredible support" this time.
McFarland's latest post has been swamped with commentators, many of whom couldn't believe the disastrous event was being attempted for a second time.
"The sequel is always worse than the original," one wrote on TikTok.
"Can we be promised tents and cheese sandwiches like last time bro?" another asked, referencing the calamitous state of the catering and accommodation in 2017.
A link to the ticketing website for the Fyre Festival II said the second 400 tickets would be "coming soon" and would be on sale for US$799.