DERIVATIVE LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2023

Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]

SCHEDULE OF DERIVATIVE LIABILITIES

The derivative liabilities as of December 31, 2023 and December 31, 2022 were as follows:

	December 31, 2023		December 31, 2022
Fair value of the Platinum Point Warrants (25,000 warrants)	$	17,500	$	-
	$	17,500	$	-

SCHEDULE OF ACTIVITY RELATED TO DERIVATIVE LIABILITIES

Activity related to the derivative liabilities for the year ended December 31, 2023 is as follows:

Beginning balance as of December 31, 2022	$	-
Warrants/conversion option – derivative liabilities recognized due to reverse acquisition		219,172
Extinguishment of conversion option derivative liabilities due to debt extinguishment		(160,002	)
Change in fair value of warrants/conversion option - derivative liabilities		(41,670	)
Ending balance as of December 31, 2023	$	17,500

Black Scholes Valuation Model [Member]

Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]

SCHEDULE OF VALUATION ASSUMPTIONS

The fair value of the Platinum Point Warrants derivative liability is estimated using a Black-Scholes valuation model with a stock price of $11.60. Changes to the inputs used in the model could produce a significantly higher or lower fair value. The following assumptions were used as of December 31, 2023 and December 31, 2022:

	For the Years Ended
	December 31,			December 31,
	2023			2022
Expected term (years)		0.12			-
Expected volatility		1,288.16	%		-
Expected dividend yield		0.00	%		-
Risk-free interest rate		4.79	%		-