NEW
YORK, Sept. 8, 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, announces
today that its metaverse software [Color World_Metaverse] ("Color
World") will be launching a new ticketing feature for the sales of
business, travel, hotel, and transportation tickets. This booking
system will be available to users worldwide. It is reported that
Mind of World Air Ticketing Services in Jilin Province ("Mind of World") is the first
comprehensive ticketing company to join the Color World. During the
period leading up to this announcement, the team at Color Star has
built a metaverse headquarter for Mind of World. Once the
headquarter is available on the platform, users from all over the
world will be able to purchase air tickets and hotel booking
tickets directly in the [Color World_Metaverse] app.
The subject of this newly established cooperation is very
important to both Color Star and Mind of World, so much so that the
team at Color Star has spent a lot of manpower and resources to
design and build the virtual ticketing hall, and has precisely
divided the upcoming assets and content to fit into the metaverse
map. Color Star hopes to present a unique digital ticketing center
for users worldwide, which will hopefully revolutionize people's
idea of the traditional online ticketing experience. The potential
of artificial intelligence can be realized through the metaverse;
it can help level-up the user experience by allowing a fast and
easy reservation process, thus making artificial intelligence one
of the most notable features of the metaverse. Moreover, as a
leader in the industry, Mind of World is also willing to work
together with Color Star to venture into and develop new
technologies. In regards to the upcoming content, the team has
worked hard to create an extravagant ticketing hall for Color World
users to conveniently and quickly book their holidays.
[Color World_Metaverse] has now attracted many leading
international enterprises to join the platform, and each has had a
tailor-made metaverse headquarter created for them. This has become
the biggest feature and highlight of Color World. At the same time,
the team at Color Star has been actively working on expanding and
improving the features of the software. They are also working on
allowing the combination of physical and digital products to be
sold by vendors in the metaverse. Users can choose from a variety
of different entertainment experiences after logging in, all of
which will be receiving huge updates to meet user expectations.
[Color World_Metaverse] is already available on all major app
stores. Download now by searching for Color World_Metaverse.
About Color Star Technology Co., Ltd.
Color Star Technology Co., Ltd. (Nasdaq: CSCW) is an
entertainment and education company that provides 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 education is provided through its Color
World music and entertainment education platform. More information
about the Company can be found at
www.colorstarinternational.com.
Forward-Looking Statement
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may," "will," "intend," "should," "believe," "expect,"
"anticipate," "project," "estimate" or similar expressions that do
not relate solely to historical matters, it is making
forward-looking statements. Forward-looking statements are not
guarantee of future performance and involve risks and uncertainties
that may cause the 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 not limited to, the following: the Company's goals and
strategies; the Company's future business development, including
the development of the metaverse project; product and service
demand and acceptance; changes in technology; economic conditions;
the growth of the educational and training services market
internationally where CSCW conducts its business; reputation and
brand; the impact of competition and pricing; government
regulations; fluctuations in general economic and business
conditions and assumptions underlying or related to any of the
foregoing and other risks contained in reports filed by the Company
with the Securities and Exchange Commission. For these reasons,
among others, investors are cautioned not to place undue reliance
upon any forward-looking statements in this press release.
Additional factors are discussed in the Company's filings with the
U.S. Securities and Exchange Commission, which are available for
review at www.sec.gov. The Company undertakes no obligation to
publicly revise these forward–looking statements to reflect events
or circumstances that arise after the date hereof unless required
by applicable laws, regulations or rules.
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SOURCE Color Star Technology Co., Ltd.