DERIVATIVE LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

SCHEDULE OF VALUATION ASSUMPTIONS

Changes to these inputs could produce a significantly higher or lower fair value measurement. The fair value of each warrant is estimated using the Black-Scholes valuation model. The following assumptions were used in December 31, 2022 and 2021:

	Year Ended December 31, 2022			Year Ended December 31, 2021
Expected term		1 year			1 year
Expected volatility		187 - 335	%		164 - 269	%
Expected dividend yield		-			-
Risk-free interest rate		1.65 – 4.73	%		0.15	%

SCHEDULE OF DERIVATIVE LIABILITIES

The Company’s derivative liabilities are as follows:

	December 31, 2022		December 31, 2021
Fair value of the Platinum Point warrants (25,000 warrants)	$	-	$	90,000
Fair value of the Evergreen 1 conversion option		-		223,448
Fair value of the Evergreen 1 warrants (62,069 warrants)		-		307,862
Fair value of the Evergreen 2 conversion option		-		148,965
Fair value of the Evergreen 2 warrants (41,379 warrants)		-		205,241
Fair value of the Evergreen 3 conversion option		-		74,483
Fair value of the Evergreen 3 warrants (20,690 warrants)		-		102,621
Fair value of the Evergreen 4 conversion option		58,917		-
Fair value of the GS Capital conversion option		157,676		-
	$	216,593	$	1,152,620

SCHEDULE OF ACTIVITY RELATED TO DERIVATIVE LIABILITIES

Activity related to the derivative liabilities for the year ended December 31, 2022 is as follows:

Beginning balance as of December 31, 2021	$	1,152,620
Issuances of warrants/conversion option – derivative liabilities		209,866
Extinguishment of derivative liability upon conversion/repayment of convertible notes and cancellation of warrants		(1,748,682	)
Change in fair value of warrants/conversion option - derivative liabilities		602,789
Ending balance as of December 31, 2022	$	216,593