Derivative Liability (Tables)

6 Months Ended

Jun. 30, 2023

Derivative Liability [Abstract]

Schedule of Assumptions Were Used in the Black-Scholes Valuation Model

The following assumptions were used in the Black-Scholes valuation model:

	Six months ended June 30, 2023			Year ended December 31, 2022
Conversion price	$	0.0048 to $0.0115		$	0.0115 to $0.15
Risk free interest rate		3.60 to 5.48	%		0.79 to 4.73	%
Expected life of derivative liability		9 to 50 months			1.5 to 59 months
Expected volatility of underlying stock		158.72 to 192.53	%		120.49 to 258.3	%
Expected dividend rate		0	%		0	%

Schedule of Movement in Derivative Liability

The movement in derivative liability is as follows:

	June 30, 2023		December 31, 2022
Opening balance	$	2,550,642	$	407,161
Derivative financial liability arising from convertible note and warrants		150,000		238,182
Derivative financial liability arising on note amendment included in loss on convertible notes		-		2,317,051
Fair value adjustment to derivative liability		311,932		(411,752	)
	$	3,012,574	$	2,550,642