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INTANGIBLE ASSETS, NET (Tables)
6 Months Ended
Feb. 28, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF INTANGIBLE ASSETS

Intangible assets costs as of February 28, 2023 and August 31, 2022 are summarized below:

 

   As of
February 28, 2023
   As of
August 31, 2022
 
Investment platform  $30,000   $30,000 
Technical know-hows   818,200    818,200 
Trademarks   4,920    4,920 
Total   853,120    853,120 
Less: Accumulated amortization   (199,281)   (199,035)
Impairment   (649,781)   (649,781)
Intangible assets, net  $4,058   $4,304 
SCHEDULE OF AMORTIZATION EXPENSES RELATED TO INTANGIBLE ASSETS

As of February 28, 2023, amortization expenses related to intangible assets for future periods are estimated to be as follows:

 

      
2023 (remaining period)  $246 
2024   492 
2025   492 
2026   492 
2027   492 
2028 and thereafter   1,844 
Total  $4,058