While there is still uncertainty, how are cultural organizations approaching NFTs, and what might they mean for the future?

At this point, many institutions are offering programming and engagement opportunities to help educate audiences on this new phenomenon. Other organizations, still suffering from two years of pandemic slump, have used NFTs as a way to generate buzz and revenue through the sale of digital assets. Lastly, several museums have begun acquiring NFTs for display within their collections.

With this in mind, let’s dive into some examples of how museums are starting to navigate the world of NFTs in order to educate the public, create new revenue streams, and engage their audiences.