In this follow-up to our discussion of NFTs and the NFT market, we consider how so-called "cryptoart"--or digital art that is bought and sold with NFTs--relates to the history of Conceptual art, which is often cited by those in the crypto community as its precedent. While most cryptoart is not "Conceptual art," it's not unrelated to it, either: both raise questions about the nature and value of art. The episode concludes with a brief discussion of some artworks by artists who are using blockchains to make art that really IS Conceptual, and who treat blockchain as a medium, and not just a transactional tool.