The Dogs of BND collection is gradually gaining traction, having seen a great deal of attention since its launch in early June.
German federal intelligence service, the Bundesnachrichtendienst (BND), has launched a dog-themed non-fungible token (NFT) collection. According to the agency, the collection, dubbed “Dogs of BND”, features 999 dog NFTs based on its security dogs as well as other intelligence roles within the BND.
Dogs of BND to Help Discover Cybersecurity Talent
The BND also claims that it launched the NFT collection with the hopes of finding out and recruiting cyber talent. Per BND’s website, the NFTs are not easily collectible. However, the agency says it has left enough information on its Instagram post for potential collectors to navigate their way to an Ethereum address. It is at this address that they have access to the collection and can mint an NFT.
The BND also says twelve of the NFTs in the collection are not collectible yet. However, it claims that there are plans to set up more difficult challenges later on, where the tokens will be the prize.
Meanwhile, it is worth noting that the Dogs of BND collection is gradually gaining traction. It has seen a great deal of attention since its launch in early June. Expectedly, this has caused the floor price and trading volumes of the NFTs to surge massively.
In the past 24 hours alone, the floor price jumped from 0.000001 Ether (ETH) to 0.052 ETH. This means an NFT is now worth about $100 as of publication.
Despite the remarkable surge in value, however, the liquidity on the collection is still not encouraging enough. For example, the collection only saw a total volume of about 1 ETH on June 21, suggesting that only around 20 NFTs or thereabout exchanged hands.