Oct-08, 2021

Color Star Technology Co., Ltd. (NASDAQ: CSCW) Continues to Create New Updates for Metaverse Project

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Color Star Technology Co., Ltd. (NASDAQ: CSCW) Continues to Create New Updates for Metaverse Project Oct-08, 2021

NEW YORK, Oct. 5, 2021 /PRNewswire/ — Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as “Color Star” or the “Company”), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence (AI) in the entertainment industry, announced today that it will continue to increase its investment in product development for its key metaverse project.

To date, Color Star has already completed creation of metaverse virtual humans, metaverse simulation scenes, and metaverse virtual reality (VR) and non-fungible token (NFT) scenes. These features will be launched in sequence this month, with interfaces updated accordingly on the Company’s interactive platform, Color Star app. Color Star continues to invest heavily in the research and development of 3D scenes and online VR concert sections, with the 3D version to be applied to online interactive celebrity videos, shopping, and other upcoming projects, to bring online life another step closer to realit

Mr. Basil Wilson, CEO of Color Star, commented: “Color Star has invested significant financial resources and manpower in the creation of the metaverse project. We not only have our own experimental development base, but also cooperate with top technology companies worldwide to jointly develop new products. At present, the first phase of the Company’s metaverse project is nearing completion. In the next phase, we will continue to develop and improve the visual and audio aspects of Color Star’s metaverse VR scenes, and strive to bring an updated and more perfect online-life experience to our global audiences.”

The Color Star metaverse series is part of the world of online entertainment, where global users can interact with their favorite idols and even use their avatars in the metaverse. Through the Color Star app, users will have access to entertainment, social networking, games and many other functions, all in one place.


Release Date: Oct-08, 2021


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