In-depth analysis of CATASTROPHY's high availability solution MultiPass, a new NFT paradigm designed for WEB3 BUIDLers

Author: CATASTROPHY

When the "collectible value" of NFTs is completely consumed in a bear market and liquidity is exhausted, the recent product launch by the CATASTROPHY team (Chinese name: 灾难猫) brings an innovative example to NFT applications:

By using NFTs as DIDs (Decentralized Identities), NFTs evolve into cross-chain and cross-application membership tokens—MultiPass, helping WEB3 BUIDLers easily obtain premium memberships for multiple tools needed in product development and management scenarios, not only enhancing product iteration efficiency but also significantly reducing production costs.

CATASTROPHY first issued 3,360 WEB3 BUIDLer-themed NFTs in November 2022, priced at Free Mint, with the team retaining 360. These BUIDLer cats wear T-shirts and hoodies emblazoned with slogans like "CODE IS LAW," "DMOR (Do My Own Research)," and "BUIDLER Never Rug," holding various "lethal" weapons. Due to a deep understanding and tribute to the BUIDLer culture in the crypto world, CATASTROPHY has garnered much affection from BUIDLers and established an active community of crypto builders.

After the launch of CATASTROPHY, based on insights into the needs of WEB3 BUIDLers, the highly available MultiPass solution has gradually matured. From November to now, the project team has reached application cooperation for MultiPass with several platforms and tools, including MAP Protocol (a fully decentralized infrastructure based on light nodes and zero-knowledge proof technology with provable security), QUESTFLOW (an on-chain cross-channel Go-To-Market platform), and BLACK META (a WEB3 code and contract auditing company).

CATASTROPHY's CEO Ding Mingming stated: "When a BUIDLer wallet holds an ERC721 disaster cat NFT, simply connecting the wallet grants access to premium membership benefits on these platforms and tools. For example, through MAP Protocol's cost-effective cross-chain technology, users holding CATASTROPHY NFTs can receive gas fee reductions for cross-chain applications; QUESTFLOW will also waive monthly fees for NFT holders; BLACK META will offer a 50% discount on code audits."

"At the same time, our partner platforms and tools can directly verify authentication through the full-chain cross-chain protocol provided by NFT Gate and MAP Protocol, and reconcile based on publicly available on-chain data. The entire process is smooth and seamless, thanks to the high efficiency brought by the trustworthiness and transparency of WEB3 and on-chain data, breaking down data silos, which is a complete disruption of traditional operations for rights and membership products."

Ding Mingming was a founding team member of several successful WEB2 projects, a believer in crypto culture, and a contributor to engineering culture. Before the CATASTROPHY project, she was a partner at the Digital Creative Agency oookini, responsible for digital and technology-related business.

It is worth mentioning that in January 2023, CATASTROPHY will co-host the annual BUIDLer List 100 with DECODE, the largest tech innovation community in Silicon Valley, and will sponsor the grand prize: Golden Catastrophy. The 100 award winners will each receive a CATASTROPHY MultiPass NFT as a prize.

DECODE's CEO Bob Xu stated: "The project team of disaster cats not only gives NFTs innovative practical value but also contributes to the BUIDLer community and crypto culture. We hope to work with them to make the BUIDLer List 100 the most influential list in the WEB3 world."

CATASTROPHY is in business negotiations with more partners in the crypto field, and the project team will officially announce the first batch of partners in mid-January.

Official website: CATASTROPHY.CLUB

Twitter: CATASTROPHYCLUB