"NFT Paris, one of Europe's better-known non-fungible token (NFT) gatherings, was abruptly called off for 2026, alongside its sister event, RWA Paris, roughly a month before it was due to run. A conference cancellation does not measure the NFT market in the same way a sales chart does, but it can reveal something else: whether there is still enough demand, sponsorship budget and industry momentum to keep large-scale NFT events economically viable."
"In the organizers' statement, the team said the "market collapse hit us hard," "drastic cost cuts" still were not enough, and all tickets would be refunded within 15 days. The bigger question is what happened around the event's funding. Some sponsors said they would not receive refunds, even as the event reiterated its ticket-refund timeline. Large Web3 conferences typically rely heavily on sponsorships to justify venue, production and programming costs."
NFT Paris and RWA Paris were canceled about a month before their planned February 2026 dates. Organizers cited a market collapse, drastic cost cuts, and promised ticket refunds within 15 days, while some sponsors reported they would not be refunded. The cancellations indicate weakened sponsorship budgets and reduced industry momentum that undermine large-scale event economics. NFT trading activity and valuations remain lower than prior peaks in 2026, with volumes down and demand more price-sensitive. NFT usage is shifting toward utility and infrastructure while hype-driven formats fade, and conference economics can reveal market health beyond sales charts.
Read at Cointelegraph
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