NEW YORK, June 3, 2021 /PRNewswire/--Color Star Technology
Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as "Color Star"
or the "Company") was invited to participate in Bitcoin 2021, a
global digital currency exchange conference to be held from
June 4th to June 5th in Miami, Florida.
This conference is the world's largest Bitcoin summit. Supported
by the City of Miami, Miami Mayor Francis
Suarez, and MANA Common, Bitcoin 2021 has the purpose of
returning to the origins of Bitcoin and "making Bitcoin interesting
again." The summit will provide a platform for community exchange,
technical education, and interaction with real-world Bitcoin
facilities, all in a festive atmosphere featuring special food
trucks, arcade games combined with a lightning network, skateboard
U pool (to be used by Tony Hawk), a
featured Bitcoin art gallery, and networking & social areas.
Basil Wilson, the co-CEO of Color
Star, was invited to participate in this event.
Basil Wilson, the co-CEO of Color
Star, commented: "I am very happy Color Star is participating
in this event. As an entertainment technology company, we are
committed to enriching the entertainment content of our products
via technology. While Color Star's previous non-fungible token
(NFT) projects have attracted much attention, we will have good
opportunities during this conference to learn and communicate with
blockchain technology companies and experts from around the world,
and gain valuable experience for future applications of blockchain
technology and the development of NFT."
Color Star will continue to apply NFT technology to the
development of entertainment scenes. Following the announcement and
release of movie and video NFT products, the Company will launch
more entertainment NFT products on the Color Star entertainment
interactive platform, Color Star APP, including music
copyrights, celebrity video copyrights, among other products. The
Company is also negotiating with celebrities from around the world
to develop NFT products exclusively for celebrities, which will be
released in succession.
As an entertainment technology company, Color Star is committed
to creating new concepts for high-tech entertainment products and
technologies. The Company continuously invests manpower and
material resources in the development of NFT technology, augmented
reality (AR) and artificial intelligence (AI) projects to create
new entertainment products. The Company hopes that these new
technology products will provide an enhanced technical experience
to more fans, consumers, and copyright authors. The Company
believes that technology will change the future.
About Color Star Technology
Color Star Technology Co, Ltd. (Nasdaq CM: 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; product and service demand and
acceptance; changes in technology; economic conditions; the growth
of the educational and training services market
in China and other countries 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.
For more information, please contact:
William Tu
Skyline Corporate Communications Group, LLC
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835
Email: wtu@skylineccg.com
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SOURCE Color Star Technology Co., Ltd.