Introducing Yexel Sebastian’s Cashless Plan: Everything You Need to Know

News: This article will explore Yexel Sebastian’s groundbreaking cashless strategy, offering a comprehensive look into the plan and shedding light on key figures such as Yexel himself, his wife Mikee Agustin, and his brother Jam Sebastian.

Yexel Fernando Sebastian, a renowned YouTuber hailing from Las Pinas, has gained international recognition for his groundbreaking cashless initiative. Beyond his online fame, Yexel is celebrated for his remarkable collection of collectibles, boasting the distinction of owning the largest Optimus Prime bust in Asia, alongside an impressive array of 900 life-sized statues and an astonishing 50,000 toys. Demonstrating his unwavering passion, Yexel committed a staggering 8 million pesos to establish his personal toy museum in Alabang.

The X-Deal: A Controversial Offer

Yexel Sebastian made a notable offer on his Facebook page known as the “Yexel Scam” or X-Deal (EX-Deal), which garnered significant attention. In this proposition, Yexel expressed his interest in entering a deal with a construction company, where he would provide advertising services in exchange for construction services. However, the specific details of the options available for service providers in the construction industry were not disclosed.

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In a video, Yexel could be seen in front of an unfinished single-story house, with his then-girlfriend Mikee Agustin and their child peering out of the window. The assumption was that Yexel intended to complete the house without a monetary exchange. However, shortly thereafter, Mikee Agustin announced on social media that they had parted ways on February 21st, 2019. This period was undoubtedly a challenging one for Yexel, as he and Mikee shared a child together.

Criticism and Controversy

In 2019, Yexel’s X-Deal generated widespread criticism. Many individuals expressed their discontent, highlighting the fact that Yexel had the financial means to purchase toys but was not contributing any money towards paying the construction workers involved. This arrangement required payments for materials, labor costs, transportation, and equipment, leading to outrage among the construction workers who considered Yexel’s approach to be nothing short of a scam.

Amidst this controversy, Yexel’s personal life came under scrutiny. His breakup with Mikee Agustin became public knowledge, and his involvement in investment controversies also came to light. Notably, Yexel’s ex-girlfriend, Iwa Moto, revealed that he had approached her to invest in FrancSwiss, a network marketing company. Moto claimed that Yexel was aware of investment frauds but still believed in the possibility of making quick money. It appeared that Yexel had become a victim of similar network marketing scams himself.

The Future of Yexel’s Cashless Plans

In summary, Yexel Sebastian’s cashless plan, particularly his X-Deal, encountered substantial criticism in 2019 due to the absence of financial contributions to construction workers, resulting in accusations of a scam. His personal life, marked by a public breakup and involvement in investment controversies, also garnered significant attention. The future remains uncertain for Yexel, and it remains to be seen whether he will persist in pursuing cashless plans in the days ahead.

FAQs about Yexel Sebastian’s Cashless Plan

Q: What was the nature of Yexel Sebastian’s X-Deal?

A: The X-Deal was a proposition presented by Yexel Sebastian through his Facebook page. In this offer, he suggested a trade between his advertising services and construction services from a company. However, the specific terms and options available for service providers remained unclear.

Q: What led to criticism of Yexel’s X-Deal?

A: Yexel’s X-Deal faced criticism primarily because it did not involve any monetary compensation for the construction workers, despite Yexel’s apparent financial capability to invest in toys and other ventures.

Q: How did Yexel’s personal life affect his cashless plan?

A: Yexel’s personal life, marked by his breakup with then-girlfriend Mikee Agustin and his involvement in investment controversies, played a role in drawing negative attention to his cashless plan. His personal issues became intertwined with the criticism surrounding the X-Deal.