This week’s featured collector is _crypto_wolf_
_crypto_wolf_ has a small collection of Ethereum NFTs. Sometimes small is beautiful. Check it out at lazy.com/_crypto_wolf_
How do you feel about music NFTs?
It has been awhile since a poll has given as clear of a result as last week’s. A clear majority are open-minded, yet cautious, about music NFTs. Based on this poll, it appears there is a growing rejection of hype among NFT collectors. Fascinating!
NFT Paris 2025 Recap: Humility & Self-Reflection
Konohime has posted a worth reading recap of NFT Paris 2025. Here’s a summary of their main observations:
NFT Paris 2025 brought together a surprising mix of seasoned veterans and fresh faces in the French NFT scene. The event kicked off on February 13 at the Grande Halle de la Villette in Paris’s 19th arrondissement, though for many attendees, the real excitement began with the side events that evening. One standout was FelixFelixFelix’s exhibition at Avant Galerie, showcasing his Cypherpalace from the CypherDudes collection—a room brimming with cypherpunk references and pulsing screens. This intimate gathering drew more traditional artistic figures deeply engaged in NFT culture, hinting at a shift from sheer speculation to passion-driven projects. Conversations touched on everything from Ministry of Culture reports and NFT archeology to who might survive financially in the space—serious topics tempered by a mix of cautious optimism and the lingering echoes of broken dreams.
On February 14, the main conference opened its doors, offering a more public-facing lens on the ecosystem. Immediately noticeable was the absence of major Web2 brands, replaced by booths from prominent PFP projects, Ordinals supporters, and outfits like Sandbox, all competing for attention. Attendees were a mix of old-timers from the 2018-2019 era, intrigued by emerging sidechains and more independent initiatives. Despite the carnival-like atmosphere (complete with photo ops and yellow Valentine’s roses from Binance), the content felt more grounded than in previous years. Panels and discussions exuded humility and self-reflection, steering away from loud marketing pitches. The sense was that the community is past the hype cycle, now focusing on incremental improvements rather than big-bang revolutions.
Reflecting on the event, it’s clear that NFT Paris has gravitated closer to the practical realities of building in Web3. PFP collections continue to consolidate their brands, and side projects are slowly evolving rather than heralding sweeping metaverse revolutions. On-chain analytics didn’t feature prominently—perhaps a collective choice to focus on tangible applications rather than raw data. The contrast between the promised new internet and the current scattering of standalone initiatives is stark; no single project truly unifies this diverse ecosystem. For a serious NFT collector, the main takeaway is that the market is maturing: speculation has quieted, and genuine builders remain, but the grand vision of a unified “next internet” is still very much in progress.
Read the full report on Konohime’s Substack.
What best describes the vibe of NFTs in 2025?
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