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Color Star Technology Announces Plan to Host A Cell Bank on Color World Metaverse Platform, Providing Users with Their Own Exclusive Health Accounts

Color Star Technology, an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence (AI) in the entertainment industry, announced today its wholly-own subsidiary Color Sky Entertainment Ltd. has reached a strategic cooperation with Bobaiyue Biotech and established a cell bank on its Color World metaverse platform, which also represents the platform’s extending another business track. In the future, Color World will give full play to its own technology and artificial intelligence, promoting it with its partners in the biotechnology area globally.

With the launch of the Color World metaverse platform in Apple and Android app stores, people around the world can now download it easily. With over one million app downloads already, the Asian version of it will also be available in the app stores soon, by which time users in Asia will also increase a lot. Such a huge user base has also brought a lot of business potentials. Many enterprise merchants have begun to settle in Color World, taking advantage of the metaverse trend to expand the industrial sector in the era of “Internet +”. The biomedical area is a brand-new track of the Color World metaverse platform. Color Star and Bobaiyue Biotech will collaborate to build the “Color Cell Bank”.

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In this virtual cell bank, our online users can freely apply for the deposit of their own “cord blood” and “stem cells”, and conduct regular “physical check-ups”, just like entering a real-world bank, whereas the deposits are no longer actual currencies, but a health guarantee, and the accounts opened belong to the users’ own tailor-made health circumstance, more suitable for their physical condition. Moreover, in this cell bank, each user can also associate the health information and gene reports of their whole family, which is beneficial to the prompt investigation and utilization when they themselves or their families require stem cell transplantation or anti-aging needs. In addition, both parties shall continue to improve their own technologies continuously, based on which, the “Color Cell Bank” will also offer services and information on human cloned organs and cloned hearts. Furthermore, the “Color Cell Bank” is expected to provide certain help to hospitals and patients around the world.

Mr. Lucas Capetian, CEO of Color Star, said: “The establishment of the ‘Color Cell Bank’ will benefit more people, especially our users, who not only enjoy the fresh content brought by various merchants and sections in the Color World metaverse, but also experience the unprecedented convenience in the health-related aspects over the platform. We hope that with the continuous optimization and improvement of the platform, it will bring not only a colorful life, but more convenient experiences and better satisfaction.”

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