NFT Paris Cancels Conferences Amid Market Collapse

NFT Paris Cancels Conferences

The organizers of the non-fungible token (NFT) and real-world asset (RWA) conferences in Paris have announced the cancellation of planned events for February, citing market forces. In a post on the event's X account, the organizers stated that both NFT Paris and RWA Paris will no longer occur as scheduled for 2026. Although they did not explicitly state that future events will not take place, the message to attendees suggested that they are 'closing this chapter' of the conferences.

"The market collapse has severely impacted us," the post noted. "Despite drastic cost reductions and months of efforts to make the event happen, we were unable to proceed this year."

Some event sponsors reported that they would not receive refunds, but NFT Paris announced that it would refund all purchased tickets within 15 days. Cointelegraph reached out to the organizers for details regarding future events, but did not receive a response at the time of publication.

The NFT market experienced a significant downturn in 2025, with sales dropping to approximately $320 million in November, and reports indicated even lower figures in December. According to data from CoinGecko, the total market capitalization of NFTs was around $2.7 billion on Monday, representing a 68% decline from the previous year.

The leading NFT marketplace, OpenSea, announced in October that it would undergo a transformation from an 'NFT marketplace' to a platform for 'trading anything.' CEO Devin Finzer told Cointelegraph that this move would allow OpenSea users to trade 'tokens, collectibles, digital and physical culture.' Another NFT marketplace, X2Y2, mentioned in March that it would shut down and redirect towards AI. The Rarible platform, also a significant player in the market, revealed a new model in September to redistribute tokens to active NFT merchants, stating that 'previous models were not sustainable.'