The organizers of the non-fungible token (NFT) events in Paris have decided to cancel both the NFT Paris and RWA Paris conferences, which were scheduled for February 2026, citing challenging market conditions. In a statement shared on their social media, it was indicated they are “closing this chapter” instead of outright cancelling future conferences.
“The market collapse hit us hard,” they stated. “Despite drastic cost cuts and months of attempts to keep the event live, it wasn’t feasible this year.”
Despite this setback, NFT Paris intends to refund all purchased tickets within 15 days. The announcement has caused concern for sponsors, as some reported they would not receive refunds.
Market conditions have significantly impacted the NFT industry, with its total market capitalization plummeting from almost $9 billion in January 2025 to just over $2.7 billion in 2026. Additionally, NFT marketplace OpenSea has pivoted to allow trading beyond just NFTs, reflecting changes in the industry.
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Source: NFT Paris
Related: NFTs shifted to utility and culture as price faded in 2025
For further information on the crypto landscape and its transformations, read our article on how crypto laws changed in 2025 and what to expect in 2026: How crypto laws changed in 2025 — and how they’ll change in 2026.
