Germany’s foreign intelligence agency, the Bundesnachrichtendienst (BND), has launched a dog-themed nonfungible token (NFT) collection with an on-chain treasure hunt aimed at recruiting cyber talent.
Earlier in June, the Federal Intelligence Service launched its “Dogs of BND” collection – 999 dog NFTs inspired by BND guards and security dogs as well as “various intelligence roles. “
According to the BND website, NFTs can only be collected by searching for a character string posted on Instagram that points to an Ethereum address. The cyber talent must use that information to locate the collection and qualify to create an NFT.
On June 19, the BND spoke to the German crypto outlet BTC-Echo; the agency said it is making the collection a challenge to try to find cybersecurity talent.
Twelve of the NFTs have yet to be taken into the collection. The BND said that it is planning more difficult challenges in the future with these tokens as the prize.
BTC-Echo reports that the BND is considering a challenge to hack the smart contact.
As the collection received more attention, the floor price and trading volume of NFTs increased.
Related: Beware, Ordinals — 30,000 ‘Ethscriptions’ land on Ethereum
Between June 21 and June 22, the floor price jumped from 0.000001 Ether (ETH) to 0.052 ETH, worth about $100.
Despite the significant jump in value, the liquidity of the collection is still low. On June 21, the collection saw a total of about 1 ETH, suggesting only about 20 or so NFTs were sold to collectors.
NFT creator: ‘Holy shit, I saw that!’ – Coldie’s Snoop Dogg, Vitalik and McAfee NFTs