NFT Paris cancels its 2026 event and refuses to refund over €500,000 in sponsorship fees.

Neks posted on the X platform that the official NFT Paris account announced the cancellation of the event originally scheduled for 2026, citing that organizational costs exceeded sponsorship and ticket revenue, leading to a depletion of funds. NFT Paris promised to refund ticket purchasers within two weeks but refused to refund sponsors. Sponsors serc1n (@serc1n) and OKB founder kaisisokay (@kaisisokay) confirmed receiving related emails stating that, according to Article 12 of the agreement, non-refundable fees had exceeded the total amount of sponsorship fees received, therefore refunds were impossible. NFT Paris 2026 listed 61 sponsors, with sponsorship packages ranging from €5,000 to over €30,000. It is estimated that the total amount paid by sponsors exceeded €500,000. Furthermore, the core team that had been operating NFT Paris for three years had recently left the company.