TECHNOLOGIES

Color Star Technology Co.Ltd.Launches Application of Metaverse Scenes, Leading the Creation of NFT-based Metaverse Products

Color Star Technology Co | September 18, 2021

Color Star Technology Co., Ltd. , an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence (AI) in the entertainment industry, announces the launch of a new metaverse application scenario, which is the first phase in adopting a metaverse mode for the Company's interactive platform Color Star APP.

s an entertainment technology company, Color Star has made continuous efforts and investments in developing new entertainment technologies. The Company believes the entertainment field is one of the most suitable industries for the application of metaverse. For this reason, it has set up a research laboratory in Dubai that is devoted to developing metaverse products. At present, after the introduction of virtual characters to the platform, Color Star has launched new application scenarios. In the future, the Color Star APP interface will be upgraded to a virtual scene, where users can engage in social interactions in addition to participating in entertainment activities. The Company envisions a Color Star APP that will enable more users to create a new life for themselves in the "new world".

Mr. Basil Wilson, CEO of Color Star, commented: "We have been continuously developing and innovating in the areas of entertainment technology. Instead of simply chasing the latest "trend", we focus our energy on utilizing advanced technologies to make the entertainment industry more diverse and enjoyable. With the launch of the metaverse interface, Color Star will allow more people to fulfill their dreams and ideals in a new virtual world that they may not be able to accomplish in real world. We will continue to devote resources and energy to developing technologies that will offer better and more convenient experiences to users worldwide."

The new metaverse interface created by Color Star will have a series of scenes, including schools, stadiums, residential complexes, shopping malls, concert halls, cafes, restaurants, game centers, among others. The application scenarios will continue to be updated and expanded and will also be launched in non-fungible token  form. Every NFT owner will receive a personalized application scenario, and all public scenarios will be eligible for personal collection in NFT form. NFT owners will have naming rights to the particular scene application that they purchase. Color Star strives to help each individual realize his or her alternative self in the Color Star world.

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.

Spotlight

Your localization partner is going to do a deep-dive into your business—so start by diving deep into theirs. Are they an industry-leader with 20 years of experience or a relative newcomer? Will they speak Samoan, Uzbek, or Swahili (and all your customers’ languages)? Can they deliver on-time and on-budget—every time? Ask how many languages they support. Find out whether their translator team comprises just linguists, or linguists and subject matter experts. Explore the backgrounds of their senior management team. Be nosey. Ask questions. Cyberstalk.


Other News
VIRTUALIZATION

Alpha Metaverse Technologies Completes Acquisition of Shape Immersive Entertainment Inc.

Alpha Metaverse Technologies Inc. | May 06, 2022

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TECHNOLOGIES

Netflix to Acquire Finnish Mobile Game Developer Next Games

Netflix, Inc | March 02, 2022

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PRODUCTS

WOWCube® Entertainment System by CubiOs Inc., Now Available for Pre-Order

CubiOs Inc | June 23, 2022

CubiOs Inc. announced their one-of-a-kind immersive-reality gaming platform, The WOWCube ® entertainment system, is now available for pre-order. Named one of “The 100 Best Inventions of 2021” by Time Magazine, the WOWCube® system was recognized in 2020 with The Edison Best New Products Award, and was a CES Innovation Award honoree in 2021. It is certified by STEM as an educational gadget and also serves as a stress-relief tool that has a positive impact on the development of motor skills, cognitive function and three-dimensional thinking. Pre-orders for the one-of-a-kind cube-shaped device are now offered at 40% off the launch retail price “For anyone who loves gadgets and games, and parents who want to invest in their child’s cognitive abilities, the WOWCube ® system is a modern version of the Rubik's Cube, that will continue to evolve and entertain,With our WOWCube ® System, players interact with games in a unique and thoughtful way - by examining the action from different angles and sorting it out using motor skills and three-dimensional thinking. It is so much more than a gadget or a game, it’s also a certified educational device and developmental tool, that’s fun too!” -Ilya Osipov, President of CubiOs Inc. The WOWCube ® entertainment system features eight separate cubicle modules connected to each other, that let you interact with the digital world as if it were real. Each module is a separate device with three high-resolution screens and a CPU inside. Video games run simultaneously on all 24 screens covering six sides of the device, as the 3D puzzle cube delivers a unique experience where virtual gameplay is controlled by physically tilting, twisting and shaking. When not in use for gaming, the WOWCube can be placed on the charging dock to connect with your smartphone via Bluetooth, and each of the 24 screens can be used to showcase information you want or need handy. CubiOs Inc. is building an entirely new ecosystem of games, widgets, and apps for the WOWCube ® entertainment system by providing SDK and APIs for developers worldwide, who are inspired by unique possibilities to create immersive-reality worlds on the next-gen cube. More details on the DevKit for developing Cube Apps will be available soon. Pre-orders for the WOWCube ® system are now available at https://wowcube.com/buy, at a fraction of the future retail price, for a limited time only. Consumers who want to get their hands on the cube first can purchase a Starter Pack for $299 which includes WOWCube® Entertainment System, a 30CC$ Gift eCard, 3 games and much more available at WOWCube® Play Store. Additionally, Full Pack “Cut The Rope®” and Full Pack “Space Invaders®” editions, are priced at $349 and include WOWCube® Entertainment System plus a 50CC$ Gift eCard, accessories and pre-installed exclusive games. 40+ free and paid games will be available to consumers by the shipment date. All pre-order purchases are verified and secured, with easy payment options and free refunds, plus a refer-a-friend program. The first batch of WOWCube® Entertainment System plans to be delivered in December 2022. About CubiOs Inc. The company is the creator of the WOWCube ® entertainment system — the first-in-class immersive-reality innovative console and the gaming platform providing a unique experience of interacting with the digital world as if it’s a real object by twisting, shaking, and tilting it. CubiOS Inc. is based in Sarasota, FL, and focuses on design, development, marketing, and distribution of hi-tech consumer robotic toys and entertainment game platforms. It is an independent R&D and manufacturing company, developing breakthrough technologies and innovations, and building the ecosystem around the WOWCube ® entertainment system. The CubiOs Studio is the company's game-design lab that creates next-gen digital apps & widgets running on the WOWCube ® entertainment console.

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BUSINESS

Tencent Acquires Turtle Rock Studios

Tencent | December 18, 2021

Tencent Holdings Ltd. (SEHK: 00700) (“Tencent”) has acquired Turtle Rock Studios’ (“Turtle Rock”) parent company, Slamfire, Inc., the companies announced today. Turtle Rock will become part of Tencent, while retaining its independent operations out of Lake Forest, CA, USA, and its existing team will continue to run all studio operations, led by co-founders Phil Robb and Chris Ashton. The acquisition will have no effect on Back 4 Blood, Turtle Rock’s hit multiplayer action game, which is published by Warner Bros. Games. We are all looking forward to joining the Tencent family of studios,Tencent’s outstanding partners, global reach, deep knowledge of gaming and unprecedented support will help us create the kinds of ambitious games we dream of, while allowing us to retain our autonomy and independent spirit.” Steve Goldstein, president and general manager of Turtle Rock Studios. Juno Capital Partners represented Turtle Rock as M&A and strategic advisor, Creative Artists Agency represented Turtle Rock as its talent agency and Straddling, Yocca, Carlson & Rauth and Kabealo Law acted as legal counsel for Turtle Rock in the transaction. About Turtle Rock Studios Turtle Rock Studios, Inc. is an award-winning game developer best known as the creators of Back 4 Blood, Evolve and Left 4 Dead. Turtle Rock Studios is currently supporting its acclaimed co-op shooter, Back 4 Blood, in partnership with Warner Bros. Games. About Tencent Tencent uses technology to enrich the lives of internet users. Its communication and social services, Weixin and QQ, connect users with each other and with digital content and services, both online and offline, making their lives more convenient. Its targeted advertising service helps advertisers reach out to hundreds of millions of consumers in China. Tencent’s fintech and business services support partners’ business growth and assist their digital upgrade.

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Spotlight

Your localization partner is going to do a deep-dive into your business—so start by diving deep into theirs. Are they an industry-leader with 20 years of experience or a relative newcomer? Will they speak Samoan, Uzbek, or Swahili (and all your customers’ languages)? Can they deliver on-time and on-budget—every time? Ask how many languages they support. Find out whether their translator team comprises just linguists, or linguists and subject matter experts. Explore the backgrounds of their senior management team. Be nosey. Ask questions. Cyberstalk.

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