German intel agency releases dog NFTs to attract cyber talent.

The Bundesnachrichtendienst (BND), Germany’s foreign intelligence agency, has created a collection of nonfungible tokens (NFTs) inspired by its guard and security dogs as well as different intelligence roles. The agency has also launched a treasure hunt to recruit cybersecurity talent. The NFTs can only be collected by finding a character string posted on Instagram that points to an Ethereum address. The cyber talent would then use that information to find the collection and be eligible to mint an NFT. The BND created the collection and challenge to find cybersecurity talent, and plans to offer more difficult challenges in the future with some NFTs as the prize. The floor price and trading volumes of the NFTs have skyrocketed since the collection has received more attention.

Between June 21 and June 22, the floor price jumped from 0.000001 Ether (ETH) to 0.052 ETH, worth about $100. However, the liquidity on the collection is still quite low. On June 21, the collection saw a total volume of around 1 ETH, which suggests only around 20 or so NFTs were sold by collectors.