NFT Paris Reportedly Cancels Event but Does Not Refund Sponsor Fees, Involving Over 500,000 Euros

January 7th, Funkari team member Neks announced that NFT Paris has **canceled** its 2026 NFT Paris and RWA Paris events (launched in 2022) due to depleted funds: organizational costs exceeded sponsorship and ticket revenue. Ticket buyers are promised refunds within two weeks. Below the announcement, sponsor @serc1n shared an email: “Per Article 12 of our agreement, non-refundable event costs have exceeded total sponsorship funds received—so we cannot provide refunds.” Okay Bears founder Kais, another sponsor, confirmed receiving the same message. Sponsors paid for exposure at the event, with goals ranging from driving profitability, selling products, and acquiring users to boosting brand visibility. Now the event is canceled, their sponsorship fees are gone. NFT Paris listed 61 sponsors for 2026; total sponsorship is estimated at over €500,000. A key detail: Sources say the core team that operated NFT Paris for three years left shortly before the incident. If true, this amounts to outright criminal behavior.