NEW YORK, September 22, 2021 / PRNewswire / – Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter “Color Star” or “Company”), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence (AI) to industry of Entertainment, announces the upcoming debut of its “entertainment world metaverse”, a new full entertainment interface that will be launched on the company’s platform, Color Star APP, on November 11, after the launching virtual human metaverse, virtual scenes and virtual reality scenes. The entertainment scenes with metaverses released this time will be in 2D and will integrate all the applications we have developed previously. The company plans to launch 3D scenes and apps next year. In the metaverse APP scene, all users will be able to reside and entertain themselves from a virtual perspective in the first or third person. This metaverse interface integrates a comprehensive social model, and in the future, all online meetings will be held in the app combining virtual and real scenes. Users will be able to arrange appointments and hold online business meetings and negotiations in virtual settings, such as virtual restaurants, cafes, and high-end hotels. The upcoming 2D interface will provide users with more realism in setting the scene.
Sr. Basil Wilson, CEO of Color Star, commented: “Metaverse is a new concept product that many technology companies are making great efforts to develop. We are very proud to announce the company’s success in developing these metaverse concept products in a short time. time and incorporate them into the Color Star APP. I think users around the world will have a more intuitive understanding of the concept of metaverse after testing our products. “
Color Star has been making continuous efforts to develop metaverse concepts and non-fungible token (NFT) products. Our peripheral support products will soon be launched alongside our metaverse concept products. We look forward to using technology to enable users around the world to experience the positive life changes that metaverse products have made possible.
As for Color Star technology
Color Star Technology Co., Ltd. (Nasdaq CM: CSCW) is an entertainment and education company that offers online entertainment performances and online music education services. Its business operations are conducted through its wholly owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. The company’s online training is provided through its Color World music education and entertainment platform. You can find more information about the company at www.colorstarinternational.com
This press release contains forward-looking statements defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding plans, objectives, objectives, strategies, future events or performance, and underlying assumptions and other statements that are not statements of historical facts. When the company uses words like “can”, “want”, “pretend”, “should”, “believe”, “expect”, “anticipate”, “project”, “love” or similar expressions that are not only related in historical matters, he makes forward-looking statements. Forward-looking statements do not guarantee future performance and involve risks and uncertainties that may cause actual results to differ materially from the company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks, including, but are not limited to, the following: company objectives and strategies; the future business development of the company; demand and acceptance of products and services; technological changes; economic conditions; the growth of the market for education and training services a China and other countries where CSCW operates; reputation and brand; the impact of competition and prices; government regulations; fluctuations in general economic and business conditions and assumptions underlying or related to any of the above risks and other contents in the reports submitted by the company to the Securities and Exchange Commission. For these reasons, among others, investors are warned not to overly rely on forward-looking statements in this press release. Additional factors are discussed in the company’s applications to the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company has no obligation to publicly review these forward-looking statements to reflect events or circumstances that arise after the date of this document, unless required by applicable laws, regulations or rules.
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