Color Star Technology Co., Ltd. ( Nasdaq: CSCW) (“Color Star” or the “Company”), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, recently announced a strategic cooperation with Putian Shan Yun Trade Co., Ltd. (“Shan Yun“) to jointly develop cultural traditions on Color Star’s ColorWorld Metaverse platform (“Color World”), perpetuating traditional Eastern aromatherapy culture.
Aromatherapy is a part of the traditional oriental culture, which is said to be originated in China during the Spring and Autumn Period and the Warring States Period, and has a history spanning nearly 3,000 years. Aromatherapy is rooted in science, Buddhism and so on, not only as a means to improve the mood and reduce stress, but it also possesses unique religious, cultural, and medicinal uses. Today, with the ease of access to information and social media platforms, the popularity of aromatherapy worldwide has been on the rise. Because of this reason, Color Star cooperated with Shan Yun to further promote aromatherapy all over the world through advanced technology and an advantageous platform, so that more people can learn about aromatherapy and fall in love with oriental culture.
After agreeing to the cooperation, the team at Color Star will design and create a cultural showroom in the metaverse, as well as set up product displays, so that users will be able to experience the culture of aromatherapy online. At the same time, users will be able to purchase incense and other equipment without having to leave their home. As an all-encompassing metaverse platform, Color World will be promoting Oriental culture while incorporating its core principles of “artificial intelligence + celebrity entertainment,” by presenting culture to users through realistic AR/VR experiences. In Color World, there are not only international celebrities, games and entertainment, but also major global brands and world culture. This is a testament to the infinite extensibility and presentation of Color Star’s metaverse platform.
Farhan Qadir, CEO of Color Star, said: “As a comprehensive metaverse platform, Color World should not only bring entertainment and business products to its members, but also include the variety of cultures of the world. During the ongoing information age, it is important to highlight the unique cultures of the world in our metaverse. Not only will it allow users to learn and become more aware of the different cultures around them, users will also be able to purchase cultural items that interest them. This is very worthwhile for us to do. With the continuous improvements made by the Color Star team, we will do better and better in terms of graphics quality as well as cultural output, and we hope to give some inspiration to our industry peers. We hope that in the future, the metaverse can play a more useful role in technology, culture, commodities, entertainment, and have more ways of presenting material and content.”
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