New High Ahead? Color Star Technology Co (NASDAQ:CSCW) to Participate in Bitcoin 2021 Conference

Color Star Technology Co (NASDAQ:CSCW) continues to move lower and extending its week long correction.

Market Action

As of 10:05, CSCW stock fell 4 cents or 3.30% to $1.04 with more than 987K shares, compared to its average volume of 16.89 million shares. The stock has moved within a range of $1.0400 – 1.0799 after opening the trade at $1.06.

Color Star Technology Co., Ltd. (NASDAQ: CSCW) to Participate in Bitcoin 2021 Conference June 4th-5th, 2021 in Miami

  • was invited to participate in Bitcoin 2021, a global digital currency exchange conference to be held from June 4th to June 5th in Miami, Florida.
  • This conference is the world’s largest Bitcoin summit. Supported by the City of Miami, Miami Mayor Francis Suarez, and MANA Common, Bitcoin 2021 has the purpose of returning to the origins of Bitcoin and “making Bitcoin interesting again.” The summit will provide a platform for community exchange, technical education, and interaction with real-world Bitcoin facilities, all in a festive atmosphere featuring special food trucks, arcade games combined with a lightning network, skateboard U pool (to be used by Tony Hawk), a featured Bitcoin art gallery, and networking & social areas. Basil Wilson, the co-CEO of Color Star, was invited to participate in this event.

Basil Wilson, the co-CEO of Color Star, commented: “I am very happy Color Star is participating in this event. As an entertainment technology company, we are committed to enriching the entertainment content of our products via technology. While Color Star’s previous non-fungible token (NFT) projects have attracted much attention, we will have good opportunities during this conference to learn and communicate with blockchain technology companies and experts from around the world, and gain valuable experience for future applications of blockchain technology and the development of NFT.”

Color Star will continue to apply NFT technology to the development of entertainment scenes. Following the announcement and release of movie and video NFT products, the Company will launch more entertainment NFT products on the Color Star entertainment interactive platform, Color Star APP, including music copyrights, celebrity video copyrights, among other products. The Company is also negotiating with celebrities from around the world to develop NFT products exclusively for celebrities, which will be released in succession.

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