DERIVATIVE INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2023

DERIVATIVE INSTRUMENTS

Schedule of Estimated Fair Values of Liabilities Measured on Recurring Basis

	Six Months Ended	Year Ended
	June 30,	December 31,
	2023	2022
Expected life in years	0.75 - 2.87 years	0.82 - 3.37 years
Stock price volatility	284% - 498%	161% - 1,007 %
Discount rate	4.64% - 4.87%	0.97% - 4.25%
Expected dividends	None	None

Schedule of Change in Derivative Liabilities

Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Balance - December 31, 2021	$	5,159,248
Addition of new derivatives recognized as debt discounts		-
Addition of new derivatives recognized as loss on derivatives		-
Settled upon conversion of debt		(4,978,926	)
Gain on change in fair value of the derivative		(92,861,546	)
Balance - June 30, 2022	$	1,483,271
Balance - December 31, 2022	$	1,756,192
Addition of new derivatives recognized as debt discounts		26,374
Settled upon conversion of debt		(97,450	)
Relief on note settlement		(2,275,825	)
Gain on change in fair value of the derivative		1,192,547
Balance - June 30, 2023	$	601,838

Schedule of (Gain) Loss on Derivatives

	June 30,		December 31,
	2023		2022
Addition of new derivatives recognized as loss on derivatives	$	-	$	67,368
Change in fair value of the derivative		1,192,547		(3,255,970	)
	$	1,192,547	$	(3,188,602	)