CSCW) Signs Cooperation Agreement with National Glory Holdings Limited to Develop Industry Platform for Metaverse and NFT Products


NEW YORK, Nov. 16, 2021 /PRNewswire/ — Colour Star Know-how Co., Ltd. (NASDAQ: CSCW) (hereinafter known as Colour Star” or the Firm”), an leisure expertise firm with a worldwide community that focuses on the appliance of expertise and synthetic intelligence (AI) within the leisure business, at this time introduced that the Firm formally signed a memorandum of cooperation with Nationwide Glory Holdings Restricted (“Nationwide Glory”). Colour Star and Nationwide Glory will conduct in-depth cooperation on metaverse and non-fungible token (NFT) associated enterprise sectors.

Nationwide Glory is a world funding holding firm that focuses on actual property, enterprise capital, and the event and utilization of blockchain expertise. The cooperation between Colour Star and Nationwide Glory will leverage one another’s benefits to develop and make the most of augmented actuality (AR) and digital actuality (VR) applied sciences to construct an business platform, bringing extra improvements and developments to metaverse and NFT merchandise. The cooperation will assist improve the Firms worldwide enterprise community. Colour Star has already efficiently launched a number of NFT merchandise, metaverse interfaces, and digital characters beforehand.

Mr. Basil Wilson, CEO of Colour Star, commented: Colour Star’s enterprise has typically centered round leisure expertise, and this cooperation with Nationwide Glory will assist combine our respective enterprise choices sooner or later. Nationwide Glory has strengths in constructing business platform applied sciences, and it has nice affect within the Center East. Nationwide Glory’s strengths will assist Colour Star in analysis, growth, and promotion of extra metaverse and NFT merchandise. As well as, as Colour Star’s enterprise continues to increase and its market worth continues to extend, we consider that the Firm is build up momentum and getting into a section of speedy development.”

About Colour Star Know-how

Colour Star Know-how Co, Ltd. (Nasdaq CM: CSCW) is an leisure and schooling firm that gives on-line leisure performances and on-line music schooling companies. Its enterprise operations are carried out via its wholly-owned subsidiaries, Colour China Leisure Ltd. and CACM Group NY, Inc. The Firm’s on-line schooling is supplied via its Colour World music and leisure schooling platform. Extra details about the Firm may be discovered at www.colorstarinternational.com.

Ahead-Wanting Assertion

This press launch accommodates forward-looking statements as outlined by the Personal Securities Litigation Reform Act of 1995. Ahead-looking statements embody statements regarding plans, aims, targets, methods, future occasions or efficiency, and underlying assumptions and different statements which can be aside from statements of historic details. When the Firm makes use of phrases comparable to “could,” “will,” “intend,” “ought to,” “consider,” “anticipate,” “anticipate,” “mission,” “estimate” or comparable expressions that don’t relate solely to historic issues, it’s making forward-looking statements. Ahead-looking statements are usually not assure of future efficiency and contain dangers and uncertainties that will trigger the precise outcomes to vary materially from the Firm’s expectations mentioned within the forward-looking statements. These statements are topic to uncertainties and dangers together with, however not restricted to, the next: the Firm’s targets and techniques; the Firm’s future enterprise growth, together with the event of the metaverse mission; product and repair demand and acceptance; modifications in expertise; financial circumstances; the expansion of the academic and coaching companies market internationally the place CSCW conducts its enterprise; repute and model; the impression of competitors and pricing; authorities laws; fluctuations generally financial and enterprise circumstances and assumptions underlying or associated to any of the foregoing and different dangers contained in studies filed by the Firm with the Securities and Change Fee. For these causes, amongst others, buyers are cautioned to not place undue reliance upon any forward-looking statements on this press launch. Further components are mentioned within the Firm’s filings with the U.S. Securities and Change Fee, which can be found for assessment at www.sec.gov. The Firm undertakes no obligation to publicly revise these ahead–trying statements to mirror occasions or circumstances that come up after the date hereof except required by relevant legal guidelines, laws or guidelines.

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SOURCE Colour Star Know-how Co., Ltd.



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