The present invention discloses a paint, and especially relates to an environment-friendly multifunctional waterproof paint. The paint is prepared from the following raw materials in parts by weight: 5-10 of polyvinyl acetate, 60-70 of chloroprene rubber, 10-20 of aluminum paste, 0.1-1 of zinc oxide, 25-35 of ethene-vinyl acetate emulsion, 0.5-1.5 of dibutyl phthalate, 1-5 of light calcium carbonate. The invention is advantageous in that: the utilization of the invention is simple, working hours and labor are saved, the invention does not induce environment pollution, the invention is not harmful to human body, peeling does not occur after the paint of the invention is used, the film forming effect is good, the solidification is fast, the invention is resistant to ageing, the binding power is strong, the extensibility of the material is good, a waterproof layer is formed on the base surface of materials being painted so that the painted materials are super waterproof. Furthermore, when the paint is applied to outer wall decoration, not only the effects of heat insulation and good decoration but also the impervious, waterproof and nontoxic effects can be achieved. Therefore the paint can be widely applied to the water prevention of roofing and out walls, toilets, gardens on top of buildings, floors, basements, subterranean tunnels, pools and water channels.