What started as ‘What are they?’ has become: ‘What are they good for?’ KADIST International Director Joseph del Pesco presented the institutions’ NFT research leading up to the conference co-organized with Rhizome at the New Museum in November of 2021. He introduced KADIST’s growing NFT collection, and discussed strategies and practice for collecting institutions and artists. While NFTs are likely here to stay, we’re just starting to understand their potential—beyond the initial hype of the collectibles market—for contemporary art.