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Stock impact report

Glory Star Launches Its Digital Collection NFT App CheerReal

Glory Star New Media Group Holdings Limited - Ordinary Share (GSMG) 
Company Research Source: PR Newswire
BEIJING, Sept. 14, 2022 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star", the "Company" or "we"), a leading digital media platform and content-driven e-commerce company in China, today announced that on September 9, 2022, it has officially launched CheerReal, a self-developed brand-new digital collection non-fungible tokens ("NFT") application, in both iOS and Android. Users can download CheerReal either from iOS or Android App Stores to get access to the digital arts on their mobile devices.As a pioneer in cultural and entertainment industries, Glory Star constantly innovates the blockchain-based application scenario technology, explores the commercial potential in the digital world, enriches cultural products, and develops new business sectors such as media consumption. These initiatives of CheerReal are in line with the Company's Metaverse strategy to improve industrial digitization, digital disruption in the entertainment industry.CheerReal Show less Read more
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