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CONVERTIBLE NOTE PAYABLE – RELATED PARTY (Tables)
3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
SCHEDULE OF ACTIVITY OF THE DERIVATIVE LIABILITY

A summary of the activity of the derivative liability for the notes above is as follows:

 

      
Balance at December 31, 2021  $– 
Increase to derivative due to new issuances   61,582 
Decrease to derivative due to repayments   — 
Derivative gain due to mark to market adjustment   (7,615)
Balance at December 31, 2022   53,967 
Increase to derivative due to new issuances   19,360 
Increase to derivative due to repayments   — 
Derivative gain due to mark to market adjustment   69,378 
Balance at March 31, 2023  $3,949 
SCHEDULE OF DERIVATIVE LIABILITY THAT ARE CATEGORIZED WITHIN LEVEL 3 OF THE FAIR VALUE HIERARCHY

A summary of quantitative information about significant unobservable inputs (Level 3 inputs) used in measuring the Company’s derivative liability that are categorized within Level 3 of the fair value hierarchy as of March 31, 2023 is as follows:

 

Inputs  March 31, 2023   Initial Valuation 
Stock price  $0.0001   $ 0.0022 - 0.0039  
Conversion price  $0.0084   $0.0012 - 0.002 
Volatility (annual)   418.07%   186.77% - 500.68%
Risk-free rate   4.94%   4.19% - 4.96%
Dividend rate   –    – 
Years to maturity   0.52    1