Color Star Technology to Host Color Cup WBA World Boxing Championship

Entertainment technology company Color Star Technology (Nasdaq: ADD) has entered into an official partnership with The World Boxing Association (WBA) to host the Color Cup WBA World Boxing Championship in multiple regions and countries worldwide.
The event will mark Color Star’s first hosting of an internationally recognized boxing event as the organizer.
Highlights
The first stop of the championship will take place in Dubai in July 2023, and related events are planned for the future.
Color Star has stated it expects the championship to result in increased business collaborations and economic benefits to Color Star.
The event will provide various commercial profits through on-site live broadcasting, online broadcasting, exclusive NFT tokens, and business partnerships.
The WBA is the most prestigious, longest-established, and oldest authoritative world boxing organization in the world with members from 167 countries and regions.
About Color Star Technology
Color Star Technology is an entertainment and education company that provides online entertainment performances and online music education services. Its business operations are conducted through its wholly-owned subsidiaries, Color Metaverse Pte. Ltd. and CACM Group NY, Inc. The Company’s online education is provided through its Color World music and entertainment education platform.