INTANGIBLE ASSETS AND GOODWILL (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

SCHEDULE OF GOODWILL INDEFINITE AND FINITE LIVED INTANGIBLE ASSETS

As of December 31, 2022 and 2021, the Company’s intangible assets consisted of:

Goodwill
Balance at December 31, 2020	$	—
Acquired during the year		9,834,855
Impairment losses		(8,225,862	)
Loss on currency translation		(21,359	)
Balance at December 31, 2021	$	1,587,634
Impairment losses		(1,486,060	)
Loss on currency translation		(101,574	)
Balance at December 31, 2022	$	—
Indefinite lived intangible assets
Balance at December 31, 2020	$	—
Acquired during the year		35,500,000
Impairment losses		(29,048,164	)
Loss on currency translation		(76,344	)
Balance at December 31, 2021	$	6,375,492
Impairment losses		(5,967,602	)
Loss on currency translation		(407,890	)
Balance at December 31, 2022	$	—
Definite lived intangible assets
Balance at December 31, 2020	$	1,817,721
Acquired during the year		675,000
Amortization		(643,333	)
Impairment loss		(1,404,892	)
Gain on currency translation		103,940
Balance at December 31, 2021	$	548,436
Amortization		(168,750	)
Balance at December 31, 2022	$	379,686

SCHEDULE OF FINITE LIVED INTANGIBLE ASSETS AMORTIZATION EXPENSE

The Company amortizes definite lived intangible assets on a straight-line basis over their estimated useful lives. Amortization expense of identified intangible assets based on the carrying amount as of December 31, 2022 is as follows:

Year ending December 31,
2023	$	168,750
2024		168,750
2025		42,186
	$	379,686