Proof Collective Cancels Event Due to Low Interest in NFTs

It is reported that according to the official website of the Proof Collective conference certification event, the event originally scheduled to be held in May …

Proof Collective Cancels Event Due to Low Interest in NFTs

It is reported that according to the official website of the Proof Collective conference certification event, the event originally scheduled to be held in May this year has been canceled because “people’s interest is much lower than expected”. PROOF is the company behind Moonbirds, the NFT project. Kevin Rose, its founder, said: “As you know, in the world of NFT, time is everything. We realize that now is not the right time for meeting proof.”. It is reported that ticket buyers will get refunds “in the next few hours”, and traders can keep the receipt NFT of cancelled activities. Proof also promised that the hotel booked with its discount would be refunded in full, and the cancellation of the ticket that generated the cancellation fee could be submitted to Proof for consideration of refund. Kevin Rose also revealed that the future “comprehensive” update information about Proof and its Ethereum NFT series Moonbirds is planned to be released on March 2. (decrypt)

Proof Collective conference certification activities are canceled, and it is planned to start refunding, and the Moonbirds project update will be released on March 2

Interpretation of the news:


The Proof Collective has recently announced the cancellation of its annual conference certification event, which was originally scheduled to be held in May. The reason for the cancellation was due to the low interest in NFTs among potential attendees. PROOF is the company behind Moonbirds, an NFT project that has been gaining popularity in recent months. Despite this, the founder of PROOF, Kevin Rose, acknowledged that timing is everything in the world of NFTs and that now was not the right time for Proof Collective’s event.

Ticket buyers for the event will be receiving refunds in the next few hours, while traders who purchased NFTs related to the cancelled activities will be allowed to keep their receipts. The company also pledged to refund the hotel bookings made with its discount in full, and any cancellation fees generated by ticket refunds can be submitted to Proof for consideration of refund.

Although the cancellation of the event may seem disappointing, PROOF is planning to release a comprehensive update on Proof and its Ethereum NFT series, Moonbirds, on March 2. This update is expected to provide more information about the future plans for the project, and to potentially generate more interest in NFTs among those who missed out on the conference certification event.

Overall, the cancellation of the Proof Collective conference certification event shows that the NFT market is still in its early stages and may not yet have the mass appeal that some had hoped for. However, the creativity and potential of the market should not be underestimated, and those who remain committed to the growth of NFTs may still reap significant benefits in the long term.

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