Source: news.google.com
Place/Date: – January 5, 2023 at 12:16 UTC 4 minute read
Source: CATASTROPHY
The CATASTROPHY team has come up with a pioneering offering, MultiPass, which reuses non-fungible tokens (NFTs) as decentralized identities (DIDs) and serves as a cross-chain and cross-app membership token. This innovation comes at a time when the NFT collectibles market is experiencing a decline in value and liquidity amid bearish conditions. WEB3 BUIDLers will greatly benefit from this innovative solution, which facilitates access to advanced memberships for various tools that are crucial for product development and management. By streamlining the process of acquiring these memberships, building productivity is improved and production costs are minimized, leading to a more efficient and cost-effective development process.
In November 2022, CATASTROPHY released a batch of 3,360 NFTs, each with a WEB3 BUIDLer theme and priced at Free Mint. From this initial release, the team retained 360 NFTs. These BUIDLer cats are depicted wearing T-shirts and caps emblazoned with slogans such as “CODE IS LAW,” “DMOR (Do My Own Investigation),” and “BUIDLER Never Rug,” and brandishing a variety of “deadly” weapons. Thanks to its insightful interpretation of BUIDLer culture within the WEB3 sphere, CATASTROPHY has won the approval of many BUIDLers and has cultivated a vibrant community of WEB3 BUIDLers.
Since its launch, CATASTROPHY’s high availability MultiPass solution has undergone a period of growth and maturation based on a deeper understanding of the needs of WEB3 BUIDLers. In the months after its release, the project team established several 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 -channel Go-To-Market Platform) and BLACK Meta (a WEB3 contract and code audit company).
CATASTROPHY CEO Tintin has announced that users who own a CATASTROPHY NFT and connect their wallet will be eligible to receive advanced membership benefits across a variety of platforms and tools. These benefits include discounted gas rates on cross-chain applications via ZK-based cross-chain technology and MAP Protocol thin client, discounts on QUESTFLOW monthly rates, and a 50% discount on BLACK Meta code audits. . This new feature is expected to improve efficiency and reduce production costs for WEB3 BUIDLers.
According to CATASTROPHY CEO Tintin, the company’s associated platforms and tools can verify authentication and reconcile accounts using publicly available on-chain data via the NFT Gate powered by the MAP protocol. This process becomes efficient thanks to the transparency and credibility of on-chain data, breaking down traditional data silos and disrupting the traditional membership entitlement and product model.
Tintin, CEO of CATASTROPHY, has played a key role in several successful WEB2 projects and is a thought leader in engineering culture and a driver of the WEB3 industry. Prior to taking her position at CATASTROPHY, Tintin served as a partner at Digital Creative Agency oookini, where she oversaw the digital and technical business.
In January 2023, CATASTROPHY and DECODE will join forces to host the BUIDLer List 100 Awards Ceremony, 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 opportunity 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 in discussions with various partners in the WEB3 industry and plans to announce the first batch of these partnerships in mid-January. Stay tuned for more updates on these exciting developments.
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