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NFT Paris 2026 called off as crypto market slump deepens
The organizers of one of the world’s largest annual crypto conferences, NFT Paris, have announced its cancellation just one month before the event, citing a “market crash.”
The NFT Paris team decided to cancel the upcoming event scheduled for February 5–6.
“After four editions that brought together the global Web3 community in Paris, we must face reality: NFT Paris 2026 will not take place. The market crash has hit us hard. Despite drastic cost reductions and months of effort to organize the event, we were unable to make it happen this year,” the organizers wrote on X on Monday.
The team promised to refund ticket holders within 15 days and apologized to attendees who had already booked flights and accommodation in Paris.
Alongside NFT Paris, the event scheduled for February 5–6 at the Grande Halle de la Villette was set to include several parallel summits, such as RWA Paris focused on real-world assets, Ordinals Paris dedicated to Bitcoin-based digital collectibles, and XYZ Paris covering artificial intelligence, DePIN, and other Web3 technologies. All of these events have now also been canceled together with the main conference.
Peak popularity has passed
Despite renewed activity in 2025 and Bitcoin reaching a new all-time high, the NFT market as a whole has failed to recover to the levels seen during the pandemic boom.
Trading volumes on NFT marketplaces have fallen by around 95% from their 2021 peaks, while once-premium collections such as Bored Ape Yacht Club and CryptoPunks have suffered sharp declines in value.
However, despite the downturn in NFT markets, it remains unclear why such a major event was ultimately canceled. Previously released promotional materials suggested that organizers were expecting around 20,000 attendees and had planned hundreds of talks and side events.
As we wrote, The rise and fall of NFTs: Why the world cooled on non-fungible tokens
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