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DERIVATIVE LIABILITY (Tables)
6 Months Ended
Jun. 30, 2023
DERIVATIVE LIABILITY  
Schedule of derivative liabilities

Balance - December 31, 2022

 

$2,967,243

 

Loss (Gain) on change in fair value of the derivative

 

 

(736,099 )

Balance – June 30, 2023

 

$2,231,144

 

Schedule of loss (Gain) on derivative liability

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2023

 

 

2022

 

Day one loss due to derivative liabilities on convertible notes and warrants

 

$-

 

 

$72,101

 

Loss (Gain) on change in fair value of derivative liabilities on convertible notes and warrants

 

$(137,327)

 

$(2,089,547)

Loss (Gain) on change in fair value of derivative liabilities

 

$(137,327)

 

$(2,017,446)
Schedule of fair value assumptions used to measure derivative liabilities

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2023

 

 

2022

 

Expected term

 

 0.34 years

 

 

 0.88 years

 

Expected average volatility

 

 230% - 393

 

 346% - 349

%

Expected dividend yield

 

 

-

 

 

 

-

 

Risk-free interest rate

 

 4.74% - 5.43

%

 

 2.07% - 2.99

%