Introducing CATASTROPHY MultiPass: the revolutionary NFT solution for WEB3 BUILDERS

Place/date: – 5 January 2023 at 12:16 UTC · 4 min reading
Source: CATASTROPHIC

The CATASTROPHY team has unveiled a ground-breaking offering, MultiPass, which reuses non-fungible tokens (NFTs) as decentralized identities (DIDs) and acts as a cross-chain membership token across applications. This innovation comes at a time when the NFT collectibles market is experiencing a decline in value and liquidity under bearish conditions. WEB3 BUIDLers will greatly benefit from this innovative solution, which facilitates access to advanced memberships for various tools critical to product development and administration. By streamlining the process of obtaining these memberships, construction productivity is increased and production costs are minimized, leading to a more efficient and cost-effective development process.

Introducing CATASTROPHY MultiPass: the revolutionary NFT solution for WEB3 BUILDERS

In November 2022, CATASTROPHY released a batch of 3,360 NFTs, each with a WEB3 BUIDLER theme and priced at Free Mint. Of this initial release, 360 NFTs were retained by the team. These BUIDLer cats are pictured wearing T-shirts and caps emblazoned with slogans such as “CODE IS LAW”, “DMOR (Do My Own Research)” and “BUIDLER Never Rug” and brandish a variety of “lethal” weapons. Thanks to its insightful portrayal of the BUIDLer culture within the WEB3 sphere, CATASTROPHY has garnered the approval of many BUIDLers and has cultivated a vibrant community of WEB3 BUIDLers.

Introducing CATASTROPHY MultiPass: the revolutionary NFT solution for WEB3 BUILDERS

Since its launch, CATASTROPHY’s highly available MultiPass solution has undergone a period of growth and maturation based on a deeper understanding of the needs of WEB3 BUIDLers. In the months since launch, the project team has entered into various partnerships with platforms and tools, including MAP Protocol (Omnichain Layer of WEB3 with Provably Secure Cross-chain Communication Built on Light-client and Zero-Knowledge technology), QUESTFLOW (a cross-channel Go-To -Market platform), and BLACK Meta (a WEB3 code and contract auditing firm).

CATASTROPHY CEO Tintin has announced that users who own a CATASTROPHY NFT and connect to their wallet will be eligible to receive advanced membership benefits across a variety of platforms and tools. These benefits include discounted gas fees on cross-chain applications via MAP Protocol light-client and ZK-based cross-chain technology, monthly fee discounts from QUESTFLOW and 50% off code audits from BLACK Meta. This new feature is expected to increase efficiency and reduce production costs for WEB3 BUIDLers.

According to CATASTROPHY CEO Tintin, the company’s partner platforms and tools are able to verify authentication and reconcile accounts using publicly available on-chain data through the NFT Gate powered by the MAP Protocol. This process is streamlined by the transparency and credibility of data in the chain, breaking down traditional data silos and disrupting the traditional model of rights and membership products.

Introducing CATASTROPHY MultiPass: the revolutionary NFT solution for WEB3 BUILDERS

Tintin, CEO of CATASTROPHY, has played a key role in several successful WEB2 projects and is an opinion leader in engineering culture and an advocate for the WEB3 industry. Prior to her position at CATASTROPHY, Tintin served as a partner at Digital Creative Agency oookini, where she oversaw digital and technical operations.

In January 2023, CATASTROPHY and DECODE will join forces to host the BUIDLer List 100 Awards, where the GOLDEN CATASTROPHY Award will be presented. A total of 100 people will be selected to receive a special CATASTROPHY MultiPass NFT as a prize. This highly anticipated event brings together the leading innovators in the field and serves as a platform to showcase the latest and greatest in technology. Attendees will have the chance to mingle with the industry’s leading thinkers and be recognized for their contributions.

Bob Xu, CEO of DECODE, recently praised the CATASTROPHY project for its innovative and practical application of non-fungible tokens (NFTs) and its impact on the BUIDLer community and WEB3 culture. In a joint effort, the two parties aim to make the BUIDLer List 100 the most influential list in the WEB3 sphere.

CATASTROPHY is currently engaged in talks with various partners in the WEB3 industry and plans to announce the first batch of these partnerships in mid-January. Stay tuned for further updates on these exciting developments.

Disclaimer: Coinspeaker is not responsible for the reliability, quality, accuracy of any material on this site. We recommend that you conduct your own research before making any decisions related to the products/companies presented in this article. Coinspeaker is not responsible for any losses that may be caused due to your use of services or goods presented in the press release.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *