INTANGIBLE ASSETS (Tables)

9 Months Ended

12 Months Ended

May 31, 2020

Aug. 31, 2019

Intangible Assets Tables

Schedule of intangible assets

	May 31,			August 31,
	2020			2019
Patent	$	500,000		$	500,000
Intellectual property: Kryptokiosk		—			72,000
Ai Bian Quan Qiu platform		19,917			99,584
Total cost		519,917			671,584
Accumulated amortization		(305,970	)		(257,791)
Intangible asset,net	$	213,947		$	413,793

	August 31,
	2019			2018
Patent	$	500,000		$	500,000
Intellectual property: Aura		—			200,000
Intellectual property: Kryptokiosk		72,000			72,000
Wechat official account		99,584			—
Total cost		671,584			772,000
Accumulated amortization		(257,791	)		(131,000)
Intangible asset, net	$	413,793		$	641,000