Get Ready for NFT Paris 2024: Mainstream Brands Embrace NFTs
Preparations for the third edition of the NFT Paris conference, scheduled for February 23-24, 2024, are in full swing. Founder Alexandre Tsydenkov expects a significant turnout, with mainstream brands fully embracing the technology of non-fungible tokens (NFTs).
Despite the current bear market, brands are actively developing NFT projects. While some have slowed down due to financial considerations, there is still a strong interest in NFTs.
Tsydenkov stated that there has been a detachment from the speculative aspect of NFTs as money becomes scarce. The remaining participants are focused on exploring how to utilize the technology, and corporations are still eager to leverage it.
Expanding Participation at NFT Paris 2024
Tsydenkov expects a broader range of participants at NFT Paris 2024 compared to previous years. The conference will continue to focus on luxury, music, fashion, gaming, and arts. However, there will be an increased emphasis on blockchain builders and technical aspects.
He mentioned that the conference is not only about technology but also culture. There is still excitement surrounding music, film, luxury, and fashion. The French government is actively positioning Paris as a hub for crypto and NFTs by fostering a supportive ecosystem.
The NFT Paris Loyalty Token
In addition to the conference itself, NFT Paris 2024 will introduce a loyalty token through a free mint. Over 120,000 tokens have already been minted, surpassing expectations.
The loyalty token is soulbound and cannot be transferred or traded. It is essential to obtain the fungible token, NFTPARIS. The goal is to attract the right people to the event and gather more information about the attendees.
The tokens were airdropped to collectors who held onto their assets during the bear market. Token holders can redeem the NFTPARIS token for bonuses, discounts, and exclusive merchandise such as NFT artwork, customized Ledger hardware wallets, discounts with partner organizations, and luxury hotel stays during the event.
Tsydenkov envisions the NFT Paris token extending beyond the conference to create a loyalty program for Web3 as a whole, rewarding highly engaged users.
Hot Take: NFT Paris 2024 Sets the Stage for Mainstream Adoption
NFT Paris 2024 is poised to be a pivotal event that showcases mainstream brands’ embrace of NFT technology. Despite the bear market, brands continue to develop NFT projects, demonstrating their strong interest in this space.
The conference will see an expanded range of participants, including blockchain builders and technical experts. It is not just about technology but also celebrates culture, with a focus on music, film, luxury, and fashion.
Paris is emerging as a prominent crypto and NFT hub, supported by the French government’s efforts to foster an ecosystem conducive to innovation.
The introduction of the loyalty token adds an exciting element to NFT Paris 2024. This soulbound token rewards attendees with exclusive benefits and acts as a stepping stone towards building a larger loyalty program for Web3 enthusiasts.
NFT Paris 2024 sets the stage for mainstream adoption of NFTs and highlights the growing importance of this technology across various industries.
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