Germany’s intelligence agency, the Bundesnachrichtendienst (BND), has introduced a unique approach to recruit cyber talent by launching a dog-themed nonfungible token (NFT) collection accompanied by an on-chain treasure hunt.
Dubbed “Dogs of BND,” the collection consists of 999 NFTs inspired by the BND’s guard and security dogs, as well as various intelligence roles. The NFTs can only be obtained by discovering a character string posted on Instagram by the BND, which directs participants to an Ethereum address. By successfully locating the collection and utilizing the provided information, individuals can become eligible to mint an NFT.
The BND revealed its intentions behind the collection and challenge in an interview with German crypto outlet BTC-Echo on June 19. The agency aims to identify potential cybersecurity talent through this innovative initiative. Interestingly, twelve of the NFTs in the collection are not yet available for acquisition. The BND plans to introduce more complex challenges in the future, with these exclusive tokens serving as the ultimate prize.
BTC-Echo also reported that the BND is contemplating the possibility of organizing a smart contract hacking challenge as part of the ongoing initiative.
As the collection garners increasing attention, the floor price and trading volumes of the NFTs have experienced a significant surge. Within a span of just one day, from June 21 to June 22, the floor price skyrocketed from 0.000001 Ether (ETH) to 0.052 ETH, equivalent to around $100.
However, it is worth noting that despite the surge in value, the liquidity of the collection remains relatively low. On June 21, the total volume of the collection amounted to approximately 1 ETH, indicating that only around 20 NFTs were sold by collectors during that period.
