2026-01-07 07:21:15

NFT Paris officially announces the cancellation of the 2026 event plan, citing a direct cause of the broken funding chain. During this controversy, sponsors invested over €500,000 but found themselves in an awkward situation — according to the terms of the cooperation agreement, sponsorship fees are non-refundable. Meanwhile, ticket purchasers received a promise, with the official stating that refunds would be processed within two weeks. This split refund policy immediately sparked public opinion, with sponsors angrily accusing being duped and ticket buyers questioning fairness. The incident exposed the financing risks and contractual loopholes of large-scale NFT events — when the funding chain collapses, the protection levels for different roles vary greatly. For organizations wishing to sponsor or participate in NFT ecosystem events, this is a heavy lesson: always clarify the background and financial reserves of the funding party before cooperation.

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4am_degen

· 01-07 07:50

Once again, a big show of a capital chain collapse. It's true that sponsors get cut like韭菜. The套路 in the NFT circle is getting deeper and deeper; contract terms are essentially a slaughter tool. 50,000 euros gone in the water—this lesson was costly. Before cooperating, really open your eyes and don't be fooled by sweet talk. Fortunately, I didn't sponsor, or I would have gone crazy. This is the current state of Web3. Where is the promised transparency? Sponsors really lost big this time; carelessness comes with a price. The double-standard refund policy clearly aims to shift blame. You need to see through the other party's true background; otherwise, you're just a lamb waiting to be slaughtered. Another project爆雷—when will this circle become more reliable?

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RugPullSurvivor

· 01-07 07:42

Breaking the capital chain is one thing, but double standards in refunds—this trick is really clever. Who wouldn't be furious if a sponsor lost 500,000 euros? The NFT circle's scam tactics have upgraded; now they don't even spare sponsors. How come no one reviews these pitfalls in the contract clauses? Getting refunds for tickets in two weeks is easy; sponsors lose everything. Is this really an ecosystem? It seems that large event financing is just a trap; you need to be cautious. This move truly treats sponsors like fools. Who would dare to trust again? Taking others' money and then running—is this the state of Web3?

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TokenomicsTherapist

· 01-07 07:42

The sponsor lost 500,000 euros, and consumers can still get refunds. This double standard is just too outrageous.

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CryptoPhoenix

· 01-07 07:39

Once again, it's the classic scene of a capital chain breaking. The sponsor was cut off for 500,000 without even a temper—that's our Jianghu [crying with a smile]. The moment of faith testing has arrived; only after falling below the bottom do you understand what rebirth truly means. Contract loopholes? Simply put, it's information asymmetry. Major institutions should have known these rules long ago. Refunds to retail investors within two weeks, yet sponsors refuse to give a dime—this double standard is unbelievable. Projects that once had full faith in their holdings now teach me how to read contracts. Web3 still relies on ourselves to defend the market. What does this decline mean? I haven't forgotten the lessons from 2018. Sponsoring such activities? First ask yourself if you can afford to lose everything. Learning to cut losses at the bottom is the hard truth. A true market lesson scene. The bear market is the best test of an ecosystem's quality. NFT Paris's recent moves have completely exposed their flaws. Law of conservation of energy: where did the sponsor's 500,000 go?

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BankruptcyArtist

· 01-07 07:35

Another classic Web3 rug pull script, sponsors are directly taken for a ride NFT project teams are truly double standards, retail investors can still get their money back, but the big backers end up losing everything? Laughable 50,000 euros just gone like that, this is the price of trusting unreliable parties The trap was set in the contract long ago, it seems I need to hire a lawyer to scrutinize every word in the future Once the funding chain breaks, the true nature is revealed. Did anyone really believe these projects were risk-free? This incident has torn off the false veil of Web3, who would still trust these people? Sponsors really lost everything this time, there's nothing to do but blame their misplaced trust

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MagicBean