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NFT Paris Cancels 2026 Event Amid Market Collapse
Source: DefiPlanet Original Title: NFT Paris Cancels 2026 Event Amid Market Collapse Original Link:
Quick Breakdown
NFT Paris pulls plug on 2026 show
NFT Paris organizers confirmed the cancellation of their flagship 2026 conference on January 5, 2026, just weeks before the planned February dates. The event, which combined NFT Paris and RWA Paris under one banner, fell victim to a prolonged NFT market slump that organizers described as hitting them “hard.” Past editions in 2022-2024 attracted over 5,000 attendees, speakers from major NFT platforms and studios, plus exhibits showcasing blue-chip collections like Bored Ape Yacht Club derivatives. This year, pre-sale ticket numbers stalled far below break-even levels, forcing the abrupt shutdown.
The decision underscores a harsh reality in the NFT space. Global NFT sales volume dropped to $493 million in Q4 2025, down from $8.7 billion in Q1 2022. Floor prices for top collections like CryptoPunks and BAYC fell 70-90% from highs, deterring collectors and projects from sponsoring events. Organizers noted an “illiquid market” left them unable to cover costs, echoing closures in the broader NFT ecosystem.
Refunds, community fallout follow
Ticket holders received direct assurances of full refunds via email, with processing set to complete within 15 days. No alternative dates or hybrid formats emerged, signalling low confidence in near-term recovery. Community reaction split between sympathy for organizers, who built NFT Paris into Europe’s top Web3 event, and frustration over lost networking opportunities.
This cancellation fits a pattern of event pullbacks. NFT.NYC 2025 scaled down 40% from prior years, while Hong Kong’s NFT peak in 2024 went virtual-only in 2025. Broader crypto conferences like Devcon persist due to Ethereum and Bitcoin resilience, but NFT-specific gatherings struggle as utility shifts to gaming and RWAs.
Meanwhile, major payment providers are launching new digital experiences such as NFT passport stamps for cardholders to commemorate past trips. These ERC-721 tokens on Base provide non-transferable, customizable travel memories on the blockchain, reflecting a new era of crypto adoption in traditional industries.
The NFT market’s woes trace to multiple pressures. Post-2022 hype, retail investors exited amid high interest rates and regulatory scrutiny, which tightened rules on unregistered NFT sales.