So, I was watching Nico B, and the came up with a theory that I really think is weird.

What if Ryota's anime is Danganronpa 3? (Future Arc or Despair Arc)

If the anime he made was originally Despair Arc, it shows how Junko turned it into despair.

OR if it was Future Arc, it would explain the whole Kirigiri thing.

And Koichi would be alive. 😍

Eh, probably not.
Just a thought.