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Color Star Technology Continues to Build the Metaverse Platform with the Launch of its Metaverse Tokens

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, announced that it will launch the “Color World” software token, namely “Color Tickets”, at the same time as the launch of the entertainment metaverse platform, Color World APP, on January 28, 2022. These two concurrent launching events will allow users around the world to use the “Color Tickets” in the Color World APP.

In order to provide global users with a better life and entertainment in the Color World APP, the Company will simultaneously launch “Color Tickets” for global members to use in the Color World platform. The “Color Tickets” can be used in its software for spending, purchasing goods, and recharging games. As a virtual world, the Color World APP strives to achieve the same life scenario as the real one. In order for more members to live in the virtual world as if they were living in the real world, the Company will introduce tokens for virtual world. The “Color Tickets” are not legal tender and can only be used in the Color World APP.

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Lucas Capetian, CEO of Color Star Technology, said: “the virtual world also needs a system and a transaction structure. In order to make the application experience better for members worldwide, we will introduce the Color World’s own internal transactional media, the “Color Tickets”. All members are free to exchange certain amount of “Color Tickets” they have in the Color World APP. Members can also use their “Color Tickets” to ‘purchase’ all the virtual products in the Color World APP, including celebrity peripherals, cars, houses, lands, artworks and everything else that exists in the Color World. At the same time, global members can also earn “Color Tickets” in Color World. Members can earn “Color Tickets” by winning games or by showcasing their singing, dancing, skills and various personal talents. Thus, in the virtual world, users around the world can prove their talents through the amount of virtual tokens they have. We hope that through these incentive-based and encouraging rewards, more players can become real estate tycoons, business tycoons, and entertainment tycoons in our Color World APP so that more people can achieve their ambitions.”

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