Color World Opens Shopping Mall, Metaverse Introduces New Method of Entertainment Shopping | News

NEW YORK, June 14, 2022 /PRNewswire/ — Color Star Technologies Co., Ltd. (Nasdaq: CSCW) (“Shade Star” or the “Corporation”), an entertainment engineering organization with a global network that focuses on the software of technologies and artificial intelligence in the amusement business, lately officially introduced the effective upgrading of its metaverse software Colour Earth to a new version, which not only enriched and brought new contents to numerous areas of the application, but also released new flagship stores of new organization which have migrated into the Colour Globe metaverse application. Between them, the renowned tea lifestyle brand “San Si Yi Ting” has already landed in the software package and underwent shop renovations. In the upcoming, the brand name will just take advantage of the Colour Star workforce, absolutely blended with the impact of Colour Globe and its partnered manufacturers, to run a world-wide marketing and manufacturer advertising campaign.

Several corporations partnered with Coloration Star will migrate into Colour Environment one particular after another, and end users can visit impartial on the net outlets of brand names just like in an offline procuring shopping mall. On the a person hand, providers are far more very likely to open up up to new advertising designs for their industrial makes in the global sector on the other hand, Colour Star will get the job done with corporations to even further the development of physical and virtual goods (e.g. NFT solutions), which will carry much more financial gain to the Company.

Lucas Capetian, the CEO of Coloration Star, commented: “As a result of the continual endeavours of our complex group in recent months, Coloration Planet Metaverse application has acquired huge recognition from buyers all around the environment, with a more robust and more robust user practical experience, when also offering us with a lot of enhancement recommendations. Enterprises are most likely to migrate on to our system, as we are presently between the world’s to start with amusement metaverse software package, and Shade World is different from other software in the exact same style. We will enhance our movie star assets and properly-recognised professional brand promotions, also, a selection of merchandise profits will include virtually all elements of the planet. End users can love leisure and get pleasure from integrated immersive encounters without the need of acquiring to step foot exterior their door. This principle is also the issue of our continuous advancement and aim. We will also test to assure that all the items sold on our system are to start with-class no matter of good quality, cost and following-income services.”

Color Earth metaverse app has been officially released on Android and Apple application stores (software: colour environment _ metaverse). The platform has a lot more than a million users, and it will keep on to raise substantially. The enormous person foundation enables a lot more and more enterprises to see the untapped opportunity investing electricity. For this motive, the Color Star business enterprise group is operating tirelessly with corporations to assistance them migrate their offline corporations into the metaverse. It is believed that with the continuous advancement of artificial intelligence, the Coloration Environment metaverse app will bring new surprises and ordeals.

About Color Star Technologies Co., Ltd.

Shade Star Engineering Co., Ltd. (Nasdaq: CSCW) is an entertainment and education and learning business that provides on the internet entertainment performances and online new music schooling companies. Its enterprise functions are executed by means of its wholly-owned subsidiaries, Coloration China Amusement Ltd. and CACM Team NY, Inc. The Firm’s on the web education and learning is delivered via its Coloration Earth music and entertainment instruction system. Additional facts about the Corporation can be identified at www.colorstarinternational.com.

Forward-Hunting Statement

This press release incorporates ahead-seeking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-hunting statements involve statements regarding plans, aims, aims, methods, future activities or functionality, and underlying assumptions and other statements that are other than statements of historic specifics. When the Enterprise makes use of terms this sort of as “may possibly,” “will,” “intend,” “should really,” “believe,” “hope,” “anticipate,” “task,” “estimate” or similar expressions that do not relate only to historical issues, it is creating forward-wanting statements.  Ahead-wanting statements are not assurance of long term performance and contain risks and uncertainties that may well trigger the precise success to differ materially from the Firm’s anticipations talked over in the forward-hunting statements. These statements are subject matter to uncertainties and risks which includes, but not limited to, the adhering to:  the Company’s aims and approaches the Company’s long run company progress, like the development of the metaverse job item and service need and acceptance adjustments in technological innovation financial circumstances the progress of the instructional and coaching expert services industry internationally where CSCW conducts its company popularity and manufacturer the affect of opposition and pricing govt restrictions fluctuations in standard economic and small business problems and assumptions fundamental or relevant to any of the foregoing and other challenges contained in experiences submitted by the Company with the Securities and Trade Commission.  For these motives, amongst many others, buyers are cautioned not to spot undue reliance upon any forward-looking statements in this push release. More components are mentioned in the Firm’s filings with the U.S. Securities and Exchange Fee, which are obtainable for evaluate at www.sec.gov. The Firm undertakes no obligation to publicly revise these forward–looking statements to replicate activities or circumstances that occur soon after the date hereof unless needed by relevant legislation, rules or guidelines.

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