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Color Star Technology Co., Ltd. (CSCW) stock has decreased to 7.96% – Recent News

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Color Star Technology Co., Ltd. (CSCW) experienced a decrease of 7.96% in the premarket without any official news released by the company. However, the last trading session closed at $0.4348 with an increase of 1.78%.

Latest Version of Color World – What’s New?

On 28th January 2022, CSCW announced Color Star, the company’s entertainment metaverse product, which can now be downloaded from Apple App Store and Google Play Store. The original release of the entertainment metaverse Color World is now available to users worldwide, following extensive testing and fine-tuning. The metaverse in this edition is set in Dubai, United Arab Emirates, and CSCW plans to add virtual models of several cities in the future. Not only this but users can choose an in-game avatar to represent them in the metaverse after downloading and registering.

Furthermore, Color World’s social features allow users to meet and speak with other users from all over the world, shop for whatever they want in the metaverse’s shops and attend masterclasses from celebrity singers, artists, and athletes in virtual classrooms. The present version of Color World is a pretty rudimentary build, and CSCW believes that there is still plenty of room for improvement. CSCW is hoping that when they’ve had a chance to explore the metaverse, users will help them to improve the user experience.

Famous Tea Brand Partnership with CSCW – What’s up?

CSCW announced the partnership of Guangzhou Star Space Catering Management Co. with Color World on 24th January 2022. Many branded restaurants have begun to launch new channels to seek more diverse development in the last two years, as a result of the pandemic. Moreover, the metaverse craze was sweeping the globe in 2021, and fast-food businesses jumped on board. As a result, the shopkeepers welcomed the spring season once more. Furthermore, based on the current Metaverse trend, Color Star and Star Space’s collaboration will provide the platform with more life and commercial viability.

So what?

More and more consumers are opting for enhanced or creative catering experiences. At the same time, keeping a brick-and-mortar store open and attracting clients is no longer as simple as it once was. Technology will create new business options for the catering sector. Color World must include numerous scenes and aspects, as well as be linked to businesses, in order to become a technology-based entertainment sharing platform in the future. While making money, the merchant members will continue to reap the benefits and surprises that technology has to offer, ensuring Color Star’s long-term success.

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