You guessed it right. It doesn't have two memory card slots and it doesn't shoot 4K, but so doesn't an old ARRI cinema camera. This is a cheap point and shoot camera challenge where the creator of the video tries to make its footage look cinematic with the least amount of cheating.
This is such an entertaining and informative video where a professional cinematographer and filmmaker shows how to get the most of a sub-100 dollar camera without using expensive tools, but going DIY entirely. The camera is a cheap point and shoot Canon he buys off of eBay. It shoots video in a fully automatic mode and there's not much control over it. There's no internal stabilization and the challenge is to avoid using expensive gimbals. The video is an example how a cheap tool in the hands of a professional filmmaker can do a significantly better job than many of the great and accessible tools we have today in the hands of a non-experienced person.
The two basic accessories that were built for this camera were for stabilization and for controlling the exposure. Stabilizing a small light camera is achieved by intentionally making it heavier. A little cheating in post was used but in general, this is how you can stabilize any video-recording device. The second accessory was using a graduated ND filter out of a cheap sunglasses to bring down the exposure of the sky while maintaining a fairly decent one on the lower part of the frame. Adding a skateboard acting as a dolly brings more value to the production. Adding sound and a bit of software stabilization results into a footage that looks quite decent knowing it was made on a very tight budget.
To see more great videos like that, head over to Potato Jet's YouTube channel.