Happy Friday! 

TGIF! Not to be confused with the American Restaurant chain, TGI Fridays, which was one of the first restaurants to use the term, “ladies night.” Hear that, gals? Half-off margs!

On that note, pour yourself a marg, or a coffee, we've got some news to cover!

Espresso Shots

☕️ German Bank N26 has launched cryptocurrency trading tools via a partnership with crypto exchange, Bitpanda. 

Crypto trading was immediately rolled out to Austrian customers who can now purchase over 100 different tokens. These features will continue to be rolled out to customers in other markets in the coming months. Other Key Markets that N26 may be targeting include ​​France, Italy, Sweden and Spain.

Bitpanda is still in the process of filing for a trading license in Germany, meanwhile German shopping mall food courts eagerly await the launch of the crypto exchange’s fast-casual Chinese, Bitpanda Express.

☕️ Just in time for spooky season, Draftkings has announced that its teaming up with the NFLPA and, NFT collection, Deadfellaz to create zombified NFL players as NFTs. 

The NFT drop will feature a number of star players including quarterbacks Matt Stafford, Kyler Murray and Jalen Hurts. Draftkings, the hybrid sportsbook and fantasy football app, will allow buyers to use the zombie NFTs in their NFT-run fantasy football leagues beginning on October 30th.

Also being zombified in the drop is Saints’ Running Back Alvin Kamara who is currently being charged for the violent assault of a man outside of a strip club, it’s unclear if Kamara thinks becoming a zombie will release him from the case.

☕️ One NFT to rule them all? Lord of the Rings is coming to the metaverse! 

In what Warner Brothers is calling “an immersive web3 movie experience,” the studio is releasing its first ever NFT today. The NFTs, which will be released at web3.wb.com, are essentially just extended editions of Fellowship of the Ring with bonus features, new menus, and behind the scenes photos. All of this will cost you $100 for one of the 999 copies of the Epic Edition or $30 for one of the 10,000 copies of the Mystery Edition.

While this marks the first time a major studio is releasing a movie NFT, it’s most likely not the last. Until then, we remember the wise words of Galadriel, “For soon, the time will come when hobbits will shape the fortunes of all.”

Spilling the Beans

Is the present state of NFTs a distraction from the future?

Nowadays, people associate NFTs with cartoon apes, inflated prices, and celebrities in it for a quick buck. While these things have certainly catapulted the term 'NFT' into headlines, they may have harmed the reputation of the underlying technology.

Earlier this week, real estate investment firm Roofstock announced that they had sold their first home via an NFT.

The announcement was met by some on Twitter with confusion and skepticism, even some in the NFT space.

One Twitter user quipped, “Wow, a breakthrough. Buying a house wasn't possible before this.”

For some, NFTs have become a fun novelty, an online community to take refuge in. For others, they’ve become a punchline.

But we shouldn’t let the state of today’s NFT community distract us from the very real possibility that the future of NFTs may look absolutely nothing like the present.

This isn’t to say that Bored Apes and Moonbirds will disappear, but it is to say that mass adoption isn’t likely to come from NFT Avatars.

As many have hypothesized, mass adoption of NFTs will likely happen when the technology simplifies processes, rather than complicating them. Real estate may be a perfect example.

The average time it takes to close on a house in the United States is between 30 and 50 days. In the case of Roofstock’s recent home sale, closing took only seconds and saved the seller money on fees.

Real estate is just one of the applications that can capitalize on NFT tech. Concert tickets, in-game items, music downloads, subscriptions, and ecommerce are others that could handily take over the space.

One thing does seem glaringly clear: more industries adopting NFT technology is absolutely a good thing for those currently holding NFTs.

A rising tide lifts all boats - even yachts packed with Bored Apes.

Meme of the Day

It hurts.

The Last Sip

It’s been a long week packed with heaps of coffee & news. So take one last sip and let’s finish the week strong. We’ll be back on Monday with all the news that’s fit to brew.

Until then, stay caffeinated,

Coffee & Crypto Team

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.