| Schedule of derivative liabilities measured at fair value |
| | | For The Year Ended December 31, 2020 | | | For The Year Ended December 31, 2019 | | | Embedded Conversion Features – Debt Instruments | | | | | | | | Balances, as of the beginning of the year | | $ | 87,571 | | | $ | - | | | Derivative liabilities recorded upon issuance of debt instruments | | | 301,351 | | | | 483,331 | | | Extinguishment due to conversion of debt instruments | | | (1,448,326 | ) | | | (3,055 | ) | | Net changes in fair value included in net loss | | | 1,156,428 | | | | (392,705 | ) | | Ending balance | | $ | 97,024 | | | $ | 87,571 | | | | | | | | | | | | | Embedded Conversion Features – Preferred Stock | | | | | | | | | | Balances, as of the beginning of the year | | $ | 4,751 | | | $ | - | | | Derivative liabilities recorded upon issuance of preferred stock | | | 519,427 | | | | 207,067 | | | Extinguishment due to conversion of preferred stock | | | (340,234 | ) | | | (22,067 | ) | | Net changes in fair value included in net loss | | | (91,193 | ) | | | (180,249 | ) | | Ending balance | | $ | 92,751 | | | $ | 4,751 | | | | | | | | | | | | | Total ending balance | | $ | 189,775 | | | $ | 92,322 |
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| Summary of fair value of derivative liabilities on a recurring basis |
| | | Level 3 Carrying Value as of December 31, 2020 | | | Level 3 Carrying Value as of December 31, 2019 | | | Derivative liabilities: | | | | | | | | Embedded conversion feature – convertible debt | | $ | 97,024 | | | $ | 87,571 | | | Embedded conversion feature – preferred stock | | | 92,751 | | | | 4,751 | | | | | $ | 189,775 | | | $ | 92,322 | |
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