NEW
YORK, Aug. 10, 2022 /PRNewswire/ -- Color
Star Technology Co., Ltd. (Nasdaq: CSCW) ("Color Star" or the
"Company"), an entertainment technology company with a global
network that focuses on the application of technology and
artificial intelligence in the entertainment industry, today
announced that Farhan Qadir will be
the new Chief Executive Officer of the Company and will be in
charge of the Company's various businesses and operations. Mr.
Qadir will also be bringing in his own global resource network in
order to build a "smart technology" oriented entertainment
company.
Farhan Qadir is a global
connector, entrepreneur, and business advisor. Mr. Farhan Qadir established and currently owns
several fashion and entertainment companies in Dubai. He also serves as the managers of a
trading company and a fashion design company. Under Farhan Qadir's leadership, Color Star will be
focusing on developing online artificial intelligence applications,
while also integrating with Mr. Qadir's resources to increase and
accelerate the development of the metaverse and NFTs, giving
another boost to the Company's development process.
Farhan Qadir, CEO of Color Star,
says: "I am very honored to be the CEO of Color Star, and seeing
the previous achievements of the Company gives me more confidence
and motivation. At present, the Company's metaverse has made
substantial gains, especially in the area of smart technology.
Color World has also brought in a large number of members and
users. Next, I will use utilize my resources and my experience in
blockchain and NFT technology to further develop the Company
on a larger scale. I will make Color Star a better technology
entertainment company in the competitive global market by combining
my resources with our technology to quickly scale and develop. I
believe that in the future, Color Star will have an even wider
market and better developments. "
At present, Color Star's metaverse platform Color World is
available on all major mobile app stores. Following the instatement
of Mr. Farhan Qadir, Color Star will
begin further research and development of metaverse NFT products.
It will soon be followed by the implementation of blockchain
technology and various other content in order to become a
comprehensive entertainment technology listed company.
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SOURCE Color Star Technology Co., Ltd.