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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2021
Accounting Policies [Abstract]  
SCHEDULE OF FAIR VALUE OF ASSETS AND LIABILITIES

Assets and liabilities measured at fair value are as follows as of June 30, 2021:

 

   Total   Level 1   Level 2   Level 4 
Assets                
Investments   254,594    254,594    -     
Total assets measured at fair value                    
                     
Liabilities                    
Derivative liability   592,359             592,359 
Total liabilities measured at fair value                    

 

Assets and liabilities measured at fair value are as follows as of December 31, 2020:

 

   Total   Level 1   Level 2   Level 4 
Assets                
Investments   168,000    168,000    -    
Total assets measured at fair value   168,000    168,000           
                     
Liabilities                    
Derivative liability   834,230              834,230 
Total liabilities measured at fair value   834,230              834,230 
SCHEDULE OF RECONCILIATION OF DERIVATIVE LIABILITY

The following is a reconciliation of the derivative liability for which Level 3 inputs were used in determining the approximate fair value:

 

Balance as of December 31, 2019  $893,171 
Fair value of derivative liabilities   266,068 
Loss on conversion   (483,793)
Gain on change in derivative liabilities   158,784 
Balance as of December 31, 2020  $834,230 
      
Balance as of December 31, 2020  $834,230 
Fair value of derivative liabilities   1,135,503 
Loss on conversion   (1,375,374)
Gain on change in derivative liabilities   0 
Balance as of June 20, 2021  $592,359