SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (Tables)

6 Months Ended

Jun. 30, 2024

Accounting Policies [Abstract]

SCHEDULE OF FAIR VALUE ASSETS ON RECURRING BASIS

The Company’s financial assets that are measured at fair value on a recurring basis by level within the fair value hierarchy are as follows:

	As of June 30, 2024
	Level 1		Level 2		Level 3		Total
	US$
Assets:
Investment in Plantify		621,329		-		-		621,329
Credit Facility		-		-		145,300		145,300
Convertible loan		-		-		1,164,500		1,164,500
Total assets		621,329		-		1,309,800		1,931,129

	As of December 31, 2023
	Level 1		Level 2		Level 3		Total
	US$
Assets:
Investment in Plantify		641,561		-		-		641,561
Convertible loan		-		-		1,013,900		1,013,900
Total assets		641,561		-		1,013,900		1,655,461

SCHEDULE OF CHANGES IN FAIR VALUE OF ASSETS

The following table presents the changes in fair value of the level 1 assets for the period December 31, 2023 through June 30, 2024:

	Changes in Fair value
	US$
Assets:
Outstanding at December 31, 2023		641,561
Changes in fair value		(20,232	)
Outstanding at June 30, 2024		621,329

The following table presents the changes in fair value of the level 3 assets for the period December 31, 2023 through June 30, 2024:

	Changes in Fair value
	US$
Assets:
Outstanding at December 31, 2023		1,013,900
Credit facility to Plantify		162,000
Changes in fair value		133,900
Outstanding at June 30, 2024		1,309,800