NFT Paris Cancels Conferences: ‘The Market Collapse Hit us Arduous‘

The organizers behind nonfungible token (NFT) and real-world asset (RWA) conferences in Paris have cancelled the occasions with a month’s discover, citing market forces.

In a Monday publish, the occasion’s X account stated NFT Paris and RWA Paris, initially set for February, wouldn’t be occurring as scheduled in 2026. Though the organizers didn’t explicitly say occasions wouldn’t happen sooner or later, the message to attendees signaled that they’re “clos[ing] this chapter” on conferences.

“The market collapse hit us exhausting,” reads the publish. “Regardless of drastic price cuts and months of making an attempt to make it work, we could not pull it off this yr.”

A few of the occasion sponsors reported that they might not be receiving a refund, however NFT Paris stated it could refund all of the tickets bought inside 15 days. Cointelegraph reached out to the organizers for particulars on potential future occasions, however had not acquired a response on the time of publication.

Associated: NFTs shifted to utility and tradition as worth light in 2025

The NFT market skilled a major downturn in 2025, with gross sales falling to about $320 million in November and reportedly even decrease in December. In line with knowledge from CoinGecko, the overall NFT market capitalization was about $2.7 billion as of Monday, representing a 68% year-over-year drop.

NFT market OpenSea moved to ‘commerce all the pieces’

OpenSea was the market chief in NFTs in April, however CEO Devin Finzer introduced in October that the platform would bear a “transformation, from ‘NFT market’ to ‘commerce all the pieces.’” Finzer instructed Cointelegraph on the time that the transfer would permit OpenSea customers to commerce “tokens, collectibles, tradition, digital and bodily.”

X2Y2, one other NFT market, stated in March that it could shut down and pivot to AI. The Rarible platform, additionally a major market participant, unveiled a brand new mannequin in September to redistribute tokens to lively NFT merchants, saying “earlier designs […] weren’t sustainable.”