I'm sure this is going to start sprouting up on here, so let me kick it off.

https://www.youtube.com/watch?v=DvqXRFPU_aQ

Pretty sure it's fake. Anything this old would have to be ultra obscure or fake for it to have nothing known about it. The audio seems way too clean for something with such heavy distortions too, plus you can hear the distortions -with- the audio, where on an old vhs they'd be messing with the audio track as well.

Still, the character design is pretty fun and even if fake it's really high quality. Hoping if its revealed to be a hoax they bust out with a clean version. Plus the song is catchy.

The rabbit and bear's designs seem ultra ultra familiar to me, particularly the rabbit's face but I can't place my paw on where I'm remembering. Also, evil giraffe, what's not to love?

Anyhow, enjoy :D