NFT market winter intensifies: 95% trading volume plunge behind conference cancellations

GasWrangler · 2026-01-06T01:12:11+00:00

NFT Paris Conference canceled due to market crash. Organizers will refund part of the ticket fees, but sponsors have been told that refunds are unlikely. NFT trading volume has plummeted by 95%, reflecting a cooling of the entire ecosystem and the reality of expecting a rebound.

GasWrangler

2026-01-06 01:12:11

Abstract generation in progress

【ChainNews】Recently, I came across some quite heartbreaking news—the NFT Paris conference, originally scheduled for February, was announced canceled just over a month before the event. The reason was very straightforward: market collapse.

The organizers said they would refund the ticket money within half a month, but some sponsors received a different message—they couldn’t get their money back. The contrast is quite stark.

Actually, this decision isn’t surprising. Looking at the NFT trading volume data makes it clear—since the peak in 2021, it has been cut by 95%, with a shocking decline. With the market so cold, no one is interested in holding conferences, whether they are held or not, it’s a loss.

In recent years, the popularity of NFTs has fallen from heaven to hell, from projects raising crazy funds to now only a few remaining. The conference cancellation may just be a reflection of this reality—the entire ecosystem is waiting for the rebound day.

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HashRateHustler

· 01-07 22:06

The sponsor says the money can't be refunded? Uh, this is awkward. The organizer's move here is a bit disappointing.

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TopBuyerBottomSeller

· 01-06 01:40

Sponsor: "Money can't be refunded," haha, this is the true reflection of the Web3 ecosystem. Trading volume plummeted 95%. Why hold a conference? Purely suicidal marketing—smart choice. Wait, how do they guarantee not to run away with the ticket refunds? I just want to know this. NFTs went from heaven to hell. We went from billionaire dreams back to reality, it's that simple. Basically, it's out of money, out of hype. Everything that should disperse has dispersed. Still hoping for a rebound... I advise you to stop dreaming. Just survive first.

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CountdownToBroke

· 01-06 01:40

Sponsors' money can never be recovered. I know this trick too well, haha. --- 95% decline... Oh my God, are people still trading NFTs? --- From heaven to hell, just like that? I think it will be even faster. --- The cancellation of the conference says everything; the market has already given the answer. --- The organizers and sponsors have two different stories. This is the current state of Web3. --- The frenzy in 2021 and the current calm—it's a bit dramatic. --- Is the entire ecosystem waiting for a rebound? I think they are all waiting for the day of跑路. --- Trading volume has plummeted to this extent; no matter how many conferences are held, they can't save it. --- NFT Paris is gone; what’s the point of other small events? --- Laughing to death, sponsors' money will never come back. This is the real NFT.

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WhaleSurfer

· 01-06 01:34

Haha, the sponsor got played, and the organizers and ticketing parties have different explanations. The script is absolutely well-written. 95% of the trading volume is outrageous. What's the point of holding a conference? There's more air than exhibitors. NFTs falling from the altar into a dung pit—this speed is truly unbelievable.

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LuckyBlindCat

· 01-06 01:27

Haha, the sponsor over there just changed faces. They can't refund the tickets, but they can refund the sponsorship. The difference in treatment is incredible. This wave of NFTs... falling from the altar into a dung heap isn't an exaggeration, 95% of trading volume can't even bring a smile. Honestly, organizing any conference now is just idiotic. No one, no hype, no money. It's better to just save some effort.

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