{"id":1225,"date":"2021-04-22T11:36:53","date_gmt":"2021-04-22T15:36:53","guid":{"rendered":"http:\/\/blogs.ubalt.edu\/merricktoday\/?p=1225"},"modified":"2021-10-07T11:06:19","modified_gmt":"2021-10-07T15:06:19","slug":"dr-sunny-shares-insights-into-non-fungible-tokens-in-technical-ly-baltimore-article","status":"publish","type":"post","link":"https:\/\/blogs.ubalt.edu\/merricktoday\/2021\/04\/22\/dr-sunny-shares-insights-into-non-fungible-tokens-in-technical-ly-baltimore-article\/","title":{"rendered":"Dr. Sunny shares insights into non fungible tokens in Technical.ly Baltimore article"},"content":{"rendered":"<p><a href=\"http:\/\/blogs.ubalt.edu\/merricktoday\/wp-content\/uploads\/sites\/2\/2021\/03\/600x400-sanwar-sunny.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-1211\" src=\"http:\/\/blogs.ubalt.edu\/merricktoday\/wp-content\/uploads\/sites\/2\/2021\/03\/600x400-sanwar-sunny-150x150.jpg\" alt=\"Sanwar Sunny\" width=\"150\" height=\"150\" \/><\/a>You may have heard that the famous auction house Christie&#8217;s sold a piece of digital art for $69 million back in March. The world was all a buzz when it happened and talked about the future of\u00a0 NFTs.<\/p>\n<p>In a recently published <em>Technical.ly Baltimore <\/em>online article (April 21, 2021) titled &#8220;NFTs are going mainstream. A Baltimore artist and technologist explain how they work,&#8221; staff writer Donte Kirby interviewed Merrick School of Business Assistant Professor of Entrepreneurship and Innovation, <strong>Sanwar Sunny<\/strong>,\u00a0 to help him frame the article and the uses of non fungible tokens. Prof Sunny explains it very well and includes how the company he founded Dynhamex, used NFTs with his team in 2018, to track solar energy production from individual homes.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>EXERPT FROM THE ARTICLE<\/strong><\/p>\n<p>Sanwar compared the whole thing on a theoretical level to the sale price of the house from the movie\u00a0<strong>Home Alone<\/strong>. It\u2019s built with the same wood as any other house, but it was sold for $1.5 million,\u00a0while the house of Old Man Marley in the film across the street sold for $3 million.<\/p>\n<p>\u201cIt\u2019s significantly higher in price because of that uniqueness, and emotional connection to the history of the house,\u201d said Sanwar.\u00a0 \u201cPeople are willing to pay because now [with NFTs] you can verify that it is in fact that item that is in fact that house.\u201d<\/p>\n<p><u><a href=\"https:\/\/technical.ly\/baltimore\/2021\/04\/21\/nfts-explainer\/\" target=\"_blank\" rel=\"noopener noreferrer\">Check out the full <em>Technical.ly Baltimore <\/em>article<\/a><\/u>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You may have heard that the famous auction house Christie&#8217;s sold a piece of digital art for $69 million back in March. The world was all a buzz when it happened and talked about the future of\u00a0 NFTs. In a recently published Technical.ly Baltimore online article (April 21, 2021) titled &#8220;NFTs are going mainstream. A<span class=\"excerpt-more-link\"><a href=\"https:\/\/blogs.ubalt.edu\/merricktoday\/2021\/04\/22\/dr-sunny-shares-insights-into-non-fungible-tokens-in-technical-ly-baltimore-article\/\">&hellip;<\/a><\/span><\/p>\n","protected":false},"author":3,"featured_media":1226,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,164],"tags":[20,226,209,86],"_links":{"self":[{"href":"https:\/\/blogs.ubalt.edu\/merricktoday\/wp-json\/wp\/v2\/posts\/1225"}],"collection":[{"href":"https:\/\/blogs.ubalt.edu\/merricktoday\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubalt.edu\/merricktoday\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubalt.edu\/merricktoday\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubalt.edu\/merricktoday\/wp-json\/wp\/v2\/comments?post=1225"}],"version-history":[{"count":3,"href":"https:\/\/blogs.ubalt.edu\/merricktoday\/wp-json\/wp\/v2\/posts\/1225\/revisions"}],"predecessor-version":[{"id":1229,"href":"https:\/\/blogs.ubalt.edu\/merricktoday\/wp-json\/wp\/v2\/posts\/1225\/revisions\/1229"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blogs.ubalt.edu\/merricktoday\/wp-json\/wp\/v2\/media\/1226"}],"wp:attachment":[{"href":"https:\/\/blogs.ubalt.edu\/merricktoday\/wp-json\/wp\/v2\/media?parent=1225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubalt.edu\/merricktoday\/wp-json\/wp\/v2\/categories?post=1225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubalt.edu\/merricktoday\/wp-json\/wp\/v2\/tags?post=1225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}