State of play for NFTs at Blockchain Week Summit in Paris

Blockchain Week Summit in Paris gathered global blockchain references for 3 days at Palais Brongniart. A true location of these technologies in France, all themes of this universe have been explored by exceptional speakers. Today we will return to the various arguments put forward about NFTs and the current status and future of this technology.

In short, Blockchain Week Summit in Paris

Before presenting the current situation on NFTs in more detail, let’s go back to the numbers this show has achieved. In fact, it was nearly 6,000 participants, 355 speakers, 250 sponsors, and 350 media and press partners that the series of events, the show’s organizer, were able to bring together at Palais Brongniart.

Source: Event Series, Damien Bresson

The program for these two days is preceded by NFT . betting dayIt swept all the major blockchain topics. In fact, the event covered 4 major issues which are businesses and blockchain, decentralized finance, the technological revolution of blockchain and the close relationship between blockchain and regulation.

So the Blockchain Week Summit in Paris was an opportunity for blockchain professionals to come together to discuss common issues, but also develop their projects. Several conferences with distinguished speakers have been able to cover almost all the major topics of the ecosystem and have led to interesting discussions about these technologies.

NFT, where are we?

Between pure speculative product and true disruptive technology, NFTs appeal to different types of profiles. conspiracy NFT Funds Dashboard: How NFT Funds Benefit from Emerging Markets » View how NFT funds approach this market. Famous committee members, named after Julian Putilope, founder of Blackpool Finance, and James W. Thus, they explained that we experienced a period of euphoria with NFTs, such as the ICO of 2018.

Heresy, persistent trend, and over-mediation have combined to make this land a true lottery. In fact, any group has the ability to access sales records by viewing the keyword NFT. As the markets begin to breathe hard, the euphoria subsides and projects that present real use cases for these technologies develop. The point now is to reveal the gold nuggets that will be part of the future of this ecosystem.

Next, we were able to attend a discussion on the use of NFTs in the sports world during the “NFTs and Sports: A New Layer of Fan Engagement” conference. Renowned tennis player Patrick Mouratoglou, after presenting his new version of the Ultimate Tennis Showdown earlier, along with other panelists explained his vision for NFTs to engage the community. Indeed, NFTs now make it possible to realize value and create connections within the public thanks to the blockchain. The general idea of ​​this painting was to highlight the advantage of these new technologies and the place they could occupy in the future.

Take, for example, the Australian Open and the NFT group that launched earlier this year. The general public can purchase NFT plots for the digital tennis court and the effect of 11 match points from the 11 tournament finals (men’s singles, women’s, doubles, armchairs, etc.) will provide an additional bonus to the winning NFT holder. An example of the use of these technologies that make it possible to build a bridge between the real and digital economy.

NFT technologies have been in the spotlight during these three days at Palais Brongniart. Paris NFT Day, the opening ceremony of the 100% NFT show, highlighted the interest in this technological revolution in the ecosystem before making way for the Blockchain Week Summit in Paris. These tools that introduce the concept of digital ownership have suffered somewhat from their reputation, but projects that want to make the most of them will be fully appreciated by the Web3 community.

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