Marvion (MVNC) 10-K/A 21 Apr 22 2021 FY Annual report (amended) Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2021	Mar. 23, 2022	Jun. 30, 2021
Cover [Abstract]
Document Type	10-K/A
Amendment Flag	true
Amendment Description	To amend and restate the Report of the Independent Registered Public Accountant to include the balance sheets for the years ended December 31, 2021, and 2020
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2021
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	000-53612
Entity Registrant Name	BONANZA GOLDFIELDS CORP.
Entity Central Index Key	0001439264
Entity Tax Identification Number	26-2723015
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	37/F
Entity Address, Address Line Two	Singapore Land Tower
Entity Address, City or Town	50 Raffles Place
Entity Address, Country	SG
Entity Address, Postal Zip Code	048623
City Area Code	65
Local Phone Number	6829 7029
Title of 12(g) Security	Common Stock, $0.0001 par value
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 638,094,054
Entity Common Stock, Shares Outstanding		1,867,681,876
Auditor Name	J&S Associate
Auditor Firm ID	6743
Auditor Location	Malaysia

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 28,124	$ 1,360
Digital assets	98,862	0
Prepaid expenses and other current assets	16,746	1,290
Total current assets	143,732	2,650
Non-current assets:
Intangible assets, net	141,377	0
TOTAL ASSETS	285,109	2,650
Current liabilities:
Accrued liabilities and other payables	46,629	64
Accrued consulting and service fee	2,072,418	0
Amounts due to related parties	283,636	4,218
Income tax payable	5,109	0
Total current liabilities	2,407,792	4,282
TOTAL LIABILITIES	2,407,792	4,282
Commitments and contingencies	0	0
Shareholders’ deficit:
Common stock, par value $0.0001, 1,970,000,000 shares authorized, 1,867,681,876 shares issued and outstanding as of December 31, 2021 and 2020, respectively	186,768	186,768
Common stock, par value $0.0001, 138,468,716,631 shares to be issued	13,846,871	13,846,871
Accumulated other comprehensive income (loss)	7	(16)
Accumulated deficit	(16,157,367)	(14,036,293)
Total shareholders’ deficit	(2,122,683)	(1,632)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT	285,109	2,650
Series A Preferred Stock [Member]
Shareholders’ deficit:
Preferred stock, value	1,000	1,000
Series B Preferred Stock [Member]
Shareholders’ deficit:
Preferred stock, value	37	37
Series C Preferred Stock [Member]
Shareholders’ deficit:
Preferred stock, value	$ 1	$ 1

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred Stock, Shares Authorized	30,000,000	30,000,000
Preferred stock undesignated	18,999,999	18,999,999
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	1,970,000,000	1,970,000,000
Common stock, shares issued	1,867,681,876	1,867,681,876
Common stock, shares outstanding	1,867,681,876	1,867,681,876
Series A Preferred Stock [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	10,000,000	10,000,000
Preferred stock, shares outstanding	10,000,000	10,000,000
Series B Preferred Stock [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	366,345	366,345
Preferred stock, shares outstanding	366,345	366,345
Series C Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	1	1
Preferred stock, shares issued	1	1
Preferred stock, shares outstanding	1	1

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Revenue, net	$ 297,092	$ 0
Cost of revenue	(87,823)	0
Gross profit	209,269	0
Operating expenses:
Technology and development	(124,148)	0
Sales and marketing	(185,363)	0
Corporate development	(680,000)	0
Loss on impairment of digital assets	(1,640)	0
General and administrative	(1,334,066)	(865)
Total operating expenses	(2,325,217)	(865)
LOSS FROM OPERATION	(2,115,948)	(865)
Other income:
Interest income	0	0
Total other income, net	0	0
LOSS BEFORE INCOME TAXES	(2,115,948)	(865)
Income tax expense	(5,126)	0
NET LOSS	(2,121,074)	(865)
Other comprehensive income (loss):
Foreign currency adjustment gain (loss)	23	(3)
COMPREHENSIVE LOSS	$ (2,121,051)	$ (868)
Net loss per share:
–   Basic#	$ 0	$ 0
–   Diluted#	$ 0	$ 0
Weighted average common shares outstanding:
–   Basic	1,349,528,828	1,217,764,822
–   Diluted	1,349,528,828	1,217,764,822

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Common Stock To Be Issued [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2019		$ 121,777	$ 13,846,871		$ (13)	$ (13,969,399)	$ (764)
Beginning balance, shares at Dec. 31, 2019		1,217,764,822	138,468,716,631
Shares issued for acquisition of legal acquirer	$ 1,038	$ 64,991		(6,931,898)		6,865,869
Shares issued for acquisition of legal acquirer, shares	10,366,346	649,917,054
Recapitalization of legal acquirer				6,931,898		(6,931,898)
Foreign currency translation adjustment					(3)		(3)
Net loss for the year						(865)	(865)
Ending balance, value at Dec. 31, 2020	$ 1,038	$ 186,768	$ 13,846,871		(16)	(14,036,293)	(1,632)
Ending balance, shares at Dec. 31, 2020	10,366,346	1,867,681,876	138,468,716,631
Foreign currency translation adjustment					23		23
Net loss for the year						(2,121,074)	(2,121,074)
Ending balance, value at Dec. 31, 2021	$ 1,038	$ 186,768	$ 13,846,871		$ 7	$ (16,157,367)	$ (2,122,683)
Ending balance, shares at Dec. 31, 2021	10,366,346	1,867,681,876	138,468,716,631

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities
Net loss	$ (2,121,074)	$ (865)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of intangible assets	12,332	0
Loss on impairment of digital assets	1,640	0
Digital assets received as revenue	(95,955)	0
Change in operating assets and liabilities:
Digital assets	(4,547)	0
Prepaid expenses and other current assets	(15,456)	(6)
Accrued liabilities and other payables	2,118,983	64
Income tax payable	5,109	0
Net cash used in operating activities	(98,968)	(807)
Cash flow from investing activities
Purchase of intangible assets	(153,709)	0
Net cash used in investing activities	(153,709)	0
Cash flows from financing activities
Advances from related parties	279,418	19
Net cash provided by financing activities	279,418	19
Foreign currency translation adjustment	23	(3)
Net change in cash and cash equivalents	26,764	(791)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	1,360	2,151
CASH AND CASH EQUIVALENTS, END OF YEAR	28,124	1,360
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:
Cash paid for income taxes	0	0
Cash paid for interest	$ 0	$ 0

DESCRIPTION OF BUSINESS AND ORG

DESCRIPTION OF BUSINESS AND ORGANIZATION	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
DESCRIPTION OF BUSINESS AND ORGANIZATION	1. DESCRIPTION OF BUSINESS AND ORGANIZATION Bonanza Goldfields Corp. (the “Company”) was incorporated in the State of Nevada on March 6, 2008. Currently, the Company through its subsidiaries, are principally engaged in the sale and distribution of media and entertainment products in its online platform in Singapore, as well as the provision of financing, business development solutions & related professional services in Hong Kong. On August 27, 2021, Dr. Lee Ying Chiu Herbert purchased a controlling interest in the Company, resulting in a change of control. On August 26, 2021, Dr. Lee Ying Chiu Herbert was appointed to serve as director of the Company. On October 18, 2021, the Company consummated the Share Exchange Transaction among Marvion Holdings Limited (“MHL”) and its shareholders. The Company acquired all of the issued and outstanding shares of MHL from its shareholders, in exchange for 139,686,481,453 shares of the issued and outstanding common stock. Upon completion of the Share Exchange Transaction, MHL became a 100% owned subsidiary of the Company. Prior to the Share Exchange, the Company was considered as a shell company due to its nominal assets and limited operation. The transaction will be treated as a recapitalization of the Company. The Share Exchange between the Company and MHL on October 18, 2021, is a merger of entities under common control that Dr. Lee Ying Chiu Herbert is the common director and shareholder of both the Company and MHL. Under the guidance in Accounting Standard Codification Topic 805, for transactions between entities under common control, the assets, liabilities and results of operations, are recognized at their carrying amounts on the date of the Share Exchange, which required retrospective combination of the Company and MHL for all of the years presented. Description of subsidiaries Description of Subsidiaries Name Place of incorporation and kind of legal entity Principal activities and place of operation Particulars of registered/paid up share capital Effective interest held Marvion Holdings Limited British Virgin Islands Investment holding 50,000 ordinary shares at par value of US$1 100 Marvion Private Limited Singapore Corporate management and IT development in Singapore 1,000 ordinary shares for S$1 100 Marvion Group Limited British Virgin Islands Procurement of media and entertainment in Singapore 50,000 ordinary shares at par value of US$1 100 Marvion (Hong Kong) Limited Hong Kong Corporate management in Hong Kong 1,000 ordinary shares for HK$1,000 100 Typerwise Limited Hong Kong Provision of financing, business development solutions & related professional services 10,000 ordinary shares for HK$10,000 100 Marvel Multi-dimensions Limited (1) Hong Kong Provision of research & development, IT and consulting services and treasury management 10,000 ordinary shares for HK$10,000 100 (1) The Company and its subsidiaries are hereinafter referred to as (the “Company”).

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying consolidated financial statements reflect the application of certain significant accounting policies as described in this note and elsewhere in the accompanying consolidated financial statements and notes. · Basis of presentation These accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”). · Use of estimates and assumptions In preparing these consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheet and revenues and expenses during the years reported. Actual results may differ from these estimates. If actual results significantly differ from the Company’s estimates, the Company’s financial condition and results of operations could be materially impacted. Significant estimates in the period include the impairment loss on digital assets, valuation and useful lives of intangible assets and deferred tax valuation allowance. · Basis of consolidation The consolidated financial statements include the accounts of BONZ and its subsidiaries. All significant inter-company balances and transactions within the Company have been eliminated upon consolidation. · Segment reporting Accounting Standards Codification (“ASC”) Topic 280, “ Segment Reporting · Cash and cash equivalents Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments. · Digital assets The Company’s digital assets represent the crypto currencies, including Tether, Binance Coin, Ethereum, OKB Token and OEC Token. The Company accounts for its digital assets in accordance with Financial Accounting Standards Board (“FASB”) ASC Topic 350, “ General Intangibles Other Than Goodwill The Company’s cryptocurrencies are deemed to have an indefinite useful life; therefore amounts are not amortized, but rather are assessed for impairment. · Intangible assets Intangible assets consist of licensed media content, trademarks and trade name. The intangible assets are amortized following the patterns in which the economic benefits are consumed or straight-line over the estimated useful life. The Company periodically reviews the estimated useful lives of these intangible assets and reviews these assets for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. The determination of impairment is based on estimates of future undiscounted cash flows. If an intangible asset is considered to be impaired, the amount of the impairment will be equal to the excess of the carrying value over the fair value of the asset. There was no · Impairment of long-lived assets In accordance with the provisions of ASC Topic 360, “ Impairment or Disposal of Long-Lived Assets” · Revenue recognition The Company adopted Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements: · identify the contract with a customer; · identify the performance obligations in the contract; · determine the transaction price; · allocate the transaction price to performance obligations in the contract; and · recognize revenue as the performance obligation is satisfied. Revenue is recognized when the Company satisfies its performance obligation under the contract by transferring the promised product to its customer that obtains control of the product and collection is reasonably assured. A performance obligation is a promise in a contract to transfer a distinct product or service to a customer. Most of the Company’s contracts have a single performance obligation, as the promise to transfer products or services is not separately identifiable from other promises in the contract and, therefore, not distinct. Consulting Business: Media & Entertainment: The transaction consideration the Company receives, if any, is noncash consideration, which the Company measures at fair value on the date received, at which time revenue is recognized. Fair value of the digital asset award received is determined using the average U.S. dollar spot rate of the related digital currency at the time of receipt. Expenses associated with operating the media & entertainment business, such as token minting cost are also recorded as cost of revenues. Amortization on licensed media content is also recorded as a component of cost of revenues. During the years ended December 31, 2021 and 2020, the following table shows non-cash transactions by digital assets: Schedule of non-cash transactions Years ended December 31, 2021 2020 Revenue earned and received by digital assets $ 95,955 $ – Cost of revenue paid by digital assets $ (1,815 ) $ – · Income taxes The Company adopted the ASC 740 “Income tax” The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its balance sheets and provides valuation allowances as management deems necessary. · Uncertain tax positions The Company did not take any uncertain tax positions and had no adjustments to its income tax liabilities or benefits pursuant to the ASC 740 provisions of Section 740-10-25 for the years ended December 31, 2021 and 2020. · Net loss per share The Company calculates net loss per share in accordance with ASC Topic 260, “ Earnings per Share · Foreign currencies translation Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the consolidated statement of operations. The reporting currency of the Company is United States Dollar ("US$") and the accompanying consolidated financial statements have been expressed in US$. In addition, the Company is operating in Hong Kong and Singapore, and maintains its books and record in its local currencies, Hong Kong Dollars (“HKD”) and Singapore Dollars (“SGD”) respectively, which is a functional currency as being the primary currency of the economic environment in which their operations are conducted. In general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency is not US$ are translated into US$, in accordance with ASC Topic 830-30, “ Translation of Financial Statement Translation of amounts from HKD and SGD into US$ has been made at the following exchange rates for the years ended December 31, 2021 and 2020: Schedule of translation rates December 31, 2021 December 31, 2020 Year-end HKD:US$ exchange rate 0.1283 0.1290 Average HKD:US$ exchange rate 0.1287 0.1289 Year-end SGD:US$ exchange rate 0.7411 N/A Average SGD:US$ exchange rate 0.7443 N/A · Comprehensive income ASC Topic 220, “ Comprehensive Income · Retirement plan costs Contributions to retirement plans (which are defined contribution plans) are charged to general and administrative expenses in the accompanying statements of operation as the related employee service is provided. · Related parties The Company follows the ASC 850-10, “Related Party Disclosures” Pursuant to section 850-10-20 the related parties include a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of section 825-10-15, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and Income-sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. The consolidated financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: a) the nature of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d) amount due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement. · Commitments and contingencies The Company follows the ASC 450-20, “Contingencies” If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s consolidated financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time that these matters will have a material adverse effect on the Company’s financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows. · Fair value of financial instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a framework for measuring fair value in generally accepted accounting principles (GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by paragraph 820-10-35-37 of the FASB Accounting Standards Codification are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. The carrying amounts of the Company’s financial assets and liabilities, such as cash and cash equivalents, prepaid expense and other current assets, accrued liabilities and other payables, accrued consulting service fee, amounts due to related parties and income tax payable approximate their fair values because of the short maturity of these instruments. · Recent accounting pronouncements In May 2021, the FASB issued ASU 2021-04, Earnings Per Share (Topic 260), Debt-Modifications and Extinguishments (Subtopic 470-50), Compensation-Stock Compensation (Topic 718), and Derivatives and Hedging-Contracts in Entity’s Own Equity (Subtopic 815-40) The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.

GOING CONCERN UNCERTAINTIES

GOING CONCERN UNCERTAINTIES	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN UNCERTAINTIES	3. GOING CONCERN UNCERTAINTIES The accompanying consolidated financial statements have been prepared using the going concern basis of accounting, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has generated a recurring loss of $ 2,121,074 16,157,367 The continuation of the Company as a going concern through the next twelve months is dependent upon the continued financial support from its major shareholders. Management believes the Company is currently pursuing additional financing for its operations. However, there is no assurance that the Company will be successful in securing sufficient funds to sustain the operations. These and other factors raise substantial doubt about the Company’s ability to continue as a going concern. These consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets and liabilities that may result in the Company not being able to continue as a going concern.

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	12 Months Ended
	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
REVENUE FROM CONTRACTS WITH CUSTOMERS	4. REVENUE FROM CONTRACTS WITH CUSTOMERS The following is a disaggregation of the Company’s revenue by major source for the respective years: Disaggregation of revenue Years ended December 31, 2021 2020 Sale of licensed media products $ 95,955 $ – Consulting service income 201,137 – $ 297,092 $ –

BUSINESS SEGMENT INFORMATION

BUSINESS SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
BUSINESS SEGMENT INFORMATION	5. BUSINESS SEGMENT INFORMATION Currently, the Company has two reportable business segments: (i) Media & Entertainment Segment, mainly operates an online platform to sell and distribute the licensed media products to end-users; and (ii) Business Consulting Segment, mainly provides . In the following table, revenue is disaggregated by primary major product line, and timing of revenue recognition. The table also includes a reconciliation of the disaggregated revenue with the reportable segments. Schedule of reconciliation of revenue from segments Year Ended December 31, 2021 Media & Entertainment Segment Business Consulting Segment Total Revenue from external customers: Sale of licensed media products $ 95,955 $ – $ 95,955 Consulting service income – 201,137 201,137 Total revenue 95,955 201,137 297,092 Cost of sales: Sale of licensed media products (1,815 ) – (1,815 ) Consulting service income – (73,788 ) (73,788 ) Amortization (12,220 ) – (12,220 ) Total cost of revenue (14,035 ) (73,788 ) (87,823 ) Gross profit 81,920 127,349 209,269 Operating Expenses Technology and development (124,148 ) – (124,148 ) Sales and marketing (184,770 ) (593 ) (185,363 ) Corporate development (680,000 ) – (680,000 ) Impairment loss on digital assets (1,640 ) – (1,640 ) General and administrative (1,238,374 ) (95,692 ) (1,334,066 ) Total operating expenses (2,228,932 ) (96,285 ) (2,325,217 ) Segment (loss) income $ (2,147,012 ) $ 31,064 $ (2,115,948 ) Year Ended December 31, 2020 Media & Entertainment Segment Business Consulting Segment Total Revenue from external customers: Sale of licensed media products $ – $ – $ – Consulting service income – – – Total revenue – – – Cost of sales: Sale of licensed media products – – – Consulting service income – – – Total cost of revenue – – – Gross profit – – – Operating Expenses General and administrative – (865 ) (865 ) Total operating expenses – (865 ) (865 ) Segment loss $ – $ (865 ) $ (865 ) Segment balance sheet items As of December 31, 2021 Media & Business Total Addition in intangible assets $ 153,656 $ – $ 153,656 Identifiable assets $ 115,608 $ 28,124 $ 143,732 As of December 31, 2020 Media & Business Total Capital expenditure $ – $ – $ – Identifiable assets $ – $ 2,650 $ 2,650 The below revenues are based on the countries in which the customer is located. Summarized financial information concerning our geographic segments is shown in the following tables: Schedule of revenue from customer by geographic segment Years ended December 31, 2021 2020 Hong Kong $ 201,137 $ – Around the world 95,955 – $ 297,092 $ –

INTANGIBLE ASSETS

INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	6. INTANGIBLE ASSETS As of December 31, 2021 and 2020, intangible assets consisted of the following: Schedule of intangible assets Estimated useful life 2021 2020 At cost: Licensed media content 3 $ 146,010 $ – Trademarks and trade name 10 7,646 – 153,656 – Less: accumulated amortization (12,279 ) – $ 141,377 $ – In October 2021, under the Sale and Purchase Agreement with Phoenix Waters Productions (HK) Limited, the Company was granted with an exclusive perpetual worldwide license to mint or produce token products for the distribution of 12-episode series of the video film at a fixed fee. This agreement allowed the Company to sell the corresponding media content by monetizing as non-interchangeable unit of data stored on a blockchain, a form of digital ledger that can be sold on its online platform. The management assessed the commercial life of this licensed media content and determined the estimated life of 3 years. As of December 31, 2021, the estimated amortization expense for intangible assets for each of the succeeding five years and thereafter is as follows: Schedule of amortization expense for intangible assets Year ending December 31: Amount 2022 $ 49,435 2023 49,435 2024 37,267 2025 765 2026 765 Thereafter 3,710 Total $ 141,377 Amortization of intangible assets was $ 12,332 0

ACCRUED CONSULTING AND SERVICE

ACCRUED CONSULTING AND SERVICE FEE	12 Months Ended
	Dec. 31, 2021
Accrued Consulting And Service Fee
ACCRUED CONSULTING AND SERVICE FEE	7. ACCRUED CONSULTING AND SERVICE FEE For the year ended December 31, 2021, the Company agreed to compensate the service rendered by directors, officers, consultants and advisors in connection with the development of Marvion project, which was successfully launched in November 2021. These service fees totaled $ 2,072,418

AMOUNTS DUE TO RELATED PARTIES

AMOUNTS DUE TO RELATED PARTIES	12 Months Ended
	Dec. 31, 2021
Amounts Due To Related Parties
AMOUNTS DUE TO RELATED PARTIES	8. AMOUNTS DUE TO RELATED PARTIES The amounts represented temporary advances from the Company’s directors and companies which are controlled by a director of 283,636 4,218

SHAREHOLDERS_ DEFICIT

SHAREHOLDERS’ DEFICIT	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
SHAREHOLDERS’ DEFICIT	9. SHAREHOLDERS’ DEFICIT Preferred stock As of December 31, 2021 and 2020, the Company’s authorized shares were 30,000,000 0.0001 The Company has designated 10,000,000 The Company has designated 1,000,000 The Company has designated 1 As of December 31, 2021 and 2020, the Company had 10,000,000 10,000,000 As of December 31, 2021 and 2020, the Company had 366,345 366,345 As of December 31, 2021 and 2020, the Company had 1 1 Common stock As of December 31, 2021 and 2020, the Company’s authorized shares were 1,970,000,000 0.0001 On October 18, 2021, the Company consummated the Share Exchange Transaction among Marvion Holdings Limited (“MHL”) and its shareholders. The Company acquired all of the issued and outstanding shares of MHL from its shareholders, in exchange for 139,686,481,453 shares of the issued and outstanding common stock. Upon completion of the Share Exchange Transaction, MHL became a 100% owned subsidiary of the Company. The Company issued 1,217,764,822 138,468,716,631 As of December 31, 2021 and 2020, the Company had 1,867,681,876 1,867,681,876

NET LOSS PER SHARE

NET LOSS PER SHARE	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
NET LOSS PER SHARE	10. NET LOSS PER SHARE The following table sets forth the computation of basic and diluted net loss per share for the years ended December 31, 2021 and 2020: Schedule of net loss per share Years ended December 31, 2021 2020 Net loss attributable to common shareholders $ 2,121,074 $ 865 Weighted average common shares outstanding – Basic and diluted 1,349,528,828 1,217,764,822 Net loss per share – Basic and diluted # $ (0.00 ) $ (0.00 ) ____________________ # For the years ended December 31, 2021 and 2020, diluted weighted-average common shares outstanding is equal to basic weighted-average common shares, due to the Company’s net loss position. Hence, no common stock equivalents were included in the computation of diluted net loss per share since such inclusion would have been antidilutive.

INCOME TAX

INCOME TAX	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
INCOME TAX	11. INCOME TAX For the years ended December 31, 2021 and 2020, the local (“United States of America”) and foreign components of (loss) income before income taxes were comprised of the following: Schedule of income (loss) before income tax Years ended December 31, 2021 2020 Tax jurisdiction from: - Local $ (556,224 ) $ – - Foreign, including British Virgin Islands (396 ) – Singapore (1,589,007 ) – Hong Kong 29,679 (865 ) Loss before income taxes $ (2,115,948 ) $ (865 ) The provision for income taxes consisted of the following: Schedule of provision for income taxes Years ended December 31, 2021 2020 Current: - $ – $ – - 5,126 – Deferred: - – – - – – Income tax expense $ 5,126 $ – The effective tax rate in the years presented is the result of the mix of income earned in various tax jurisdictions that apply a broad range of income tax rate. The Company has operations in Hong Kong and Singapore that are subject to taxes in the jurisdictions in which they operate, as follows: United States of America BONZ is registered in the State of Nevada and is subject to the tax laws of United States of America. The U.S. Tax Cuts and Jobs Act (the “Tax Reform Act”) was signed into law. The Tax Reform Act significantly revised the U.S. corporate income tax regime by, among other things, lowering the U.S. corporate tax rate from 35% to 21% effective January 1, 2018. The Company’s policy is to recognize accrued interest and penalties related to unrecognized tax benefits in its income tax provision. The Company has not accrued or paid interest or penalties which were not material to its results of operations for the periods presented. Deferred tax asset is not provided for as the tax losses may not be able to carry forward after a change in substantial ownership of the Company. For the years ended December 31, 2021 and 2020, there were no operating income. BVI Under the current BVI law, the Company is not subject to tax on income. Singapore The Company’s subsidiary registered in the Republic of Singapore is subject to the tax laws of Singapore. A subsidiary incorporated in BVI is registered as a branch in Singapore for operating purpose and is also subject to tax in the Republic of Singapore. For the year ended December 31, 2021, the operation in the Singapore incurred $ 1,589,007 270,131 Schedule of income tax expense Years ended December 31, 2021 2020 Loss before income taxes $ 1,589,007 $ – Statutory income tax rate 17 17 Income tax expense at statutory rate 270,131 – Net operating loss not recognized as deferred tax (270,131 ) – Income tax expense $ – $ – Hong Kong The Company’s subsidiaries operating in Hong Kong is subject to the Hong Kong Profits Tax at the two-tiered profits tax rates from 8.25% to 16.5% on the estimated assessable profits arising in Hong Kong during the current period, after deducting a tax concession for the tax year. The reconciliation of income tax rate to the effective income tax rate for the years ended December 31, 2021 and 2020 is as follows: Years ended December 31, 2021 2020 Income (loss) before income taxes $ 29,679 $ (865 ) Statutory income tax rate 16.5 16.5 Income tax expense at statutory rate 4,897 (143 ) Tax effect of non-deductibles items 18 – Tax effect on non-taxable items 211 143 Income tax expense $ 5,126 $ – The following table sets forth the significant components of the deferred tax assets of the Company as of December 31, 2021 and 2020: Schedule of deferred tax assets 2021 2020 Deferred tax assets: NOL – US tax regime $ 116,807 $ – NOL – British Virgin Islands regime – – NOL – Hong Kong tax regime – 479 NOL – Singapore tax regime 270,131 – 386,938 479 Less: valuation allowance (386,938 ) (479 ) Deferred tax assets, net $ – $ – As of December 31, 2021 and 2020, the Company had no unrecognized tax benefits. Interest and penalty charges, if any, related to income taxes would be classified as a component of the provision for income taxes in the consolidated statements of operations. The Company does not expect any significant change in its uncertain tax positions in the next twelve months. The Company filed income tax returns in the United States federal tax jurisdiction and several state tax jurisdictions. Since the Company is in a loss carryforward position, it is generally subject to examination by federal and state tax authorities for all tax years in which a loss carryforward is available.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	12. RELATED PARTY TRANSACTIONS From time to time, the Company’s directors and companies which are controlled by a director of During the years ended December 31, 2021 and 2020, the Company paid the aggregate amount of $572,749 and $0 as compensation and consultancy fees to its directors, respectively. Apart from the transactions and balances detailed elsewhere in these accompanying consolidated financial statements, the Company has no other significant or material related party transactions during the years presented.

CONCENTRATIONS OF RISK

CONCENTRATIONS OF RISK	12 Months Ended
	Dec. 31, 2021
Risks and Uncertainties [Abstract]
CONCENTRATIONS OF RISK	13. CONCENTRATIONS OF RISK The Company is exposed to the following concentrations of risk: (a) Major customers For the year ended December 31, 2021, the customers who accounted for 10% or more of the Company’s revenues and its outstanding receivable balances at year-end date, are presented as follows: Schedules of concentrations Year ended December 31, 2021 December 31, 2021 Customer Revenues Percentage Accounts Customer A $ 100,950 34% $ – Customer B 100,187 34% – $ 201,137 68% $ – No (b) Economic and political risk The Company’s major operations are conducted in Hong Kong and Singapore. Accordingly, the political, economic, and legal environments, as well as the general state of economy in Hong Kong and Singapore may influence the Company’s business, financial condition, and results of operations. (c) Exchange rate risk The Company cannot guarantee that the current exchange rate will remain steady; therefore there is a possibility that the Company could post the same amount of profit for two comparable periods and because of the fluctuating exchange rate actually post higher or lower profit depending on exchange rate of HKD and SGD converted to US$ on that date. The exchange rate could fluctuate depending on changes in political and economic environments without notice. (d) Market price risk of crypto (“digital”) assets The Company generated certain level of its revenue from the sale and distribution of licensed media token products on its platform by the means of crypto assets by the customers, while revenue from these products have not been significant to date, most of this revenue will also fluctuate based on the price of crypto assets. Accordingly, crypto asset price risk could adversely affect its operating results. In particular, the future profitability may depend upon the market price of BNB, ETH, as well as other crypto assets. Crypto asset prices, along with the operating results, have fluctuated significantly from quarter to quarter. There is no assurance that crypto asset prices will reflect historical trends. A decline in the market price of BTC, ETH and Other crypto assets could have a material and adverse effect on our earnings, the carrying value of the crypto assets, and the future cash flows. This may also affect the liquidity and the ability to meet our ongoing obligations. As of December 31, 2021, the Company recorded an impairment charge on the crypto assets held when crypto asset prices decrease below their carrying value of these crypto assets. (e) Risk from COVID-19 pandemic The pandemic has resulted in quarantines, travel restrictions, and the temporary closure of stores and business facilities in Hong Kong in a limited period during 2021. Due to the nature of the Company’s business, the impact of the closure on the operational capabilities was not significant. The extent to which the COVID-19 outbreak impacts the Company’s results will depend on future developments that are highly uncertain and cannot be predicted, including new information that may emerge concerning the severity and mutation of the virus and the actions to contain its impact, that are beyond the Company’s control. There is no guarantee that the Company’s revenues will grow or remain at a similar level in the foreseeable period.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	14. COMMITMENTS AND CONTINGENCIES As of December 31, 2021, the Company had an office service agreement for its corporate office. The lease contains the renewal option and will expire on 24 September 2022. Apart from lease commitments, the Company has no

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	15. SUBSEQUENT EVENTS In accordance with ASC Topic 855, “ Subsequent Events On January 31, 2022, the Company acquired 100% equity interest of Marvel Multi-dimensions Limited at the consideration of HKD2 from a related party.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Basis of presentation	· Basis of presentation These accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”).
Use of estimates and assumptions	· Use of estimates and assumptions In preparing these consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheet and revenues and expenses during the years reported. Actual results may differ from these estimates. If actual results significantly differ from the Company’s estimates, the Company’s financial condition and results of operations could be materially impacted. Significant estimates in the period include the impairment loss on digital assets, valuation and useful lives of intangible assets and deferred tax valuation allowance.
Basis of consolidation	· Basis of consolidation The consolidated financial statements include the accounts of BONZ and its subsidiaries. All significant inter-company balances and transactions within the Company have been eliminated upon consolidation.
Segment reporting	· Segment reporting Accounting Standards Codification (“ASC”) Topic 280, “ Segment Reporting
Cash and cash equivalents	· Cash and cash equivalents Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments.
Digital assets	· Digital assets The Company’s digital assets represent the crypto currencies, including Tether, Binance Coin, Ethereum, OKB Token and OEC Token. The Company accounts for its digital assets in accordance with Financial Accounting Standards Board (“FASB”) ASC Topic 350, “ General Intangibles Other Than Goodwill The Company’s cryptocurrencies are deemed to have an indefinite useful life; therefore amounts are not amortized, but rather are assessed for impairment.
Intangible assets	· Intangible assets Intangible assets consist of licensed media content, trademarks and trade name. The intangible assets are amortized following the patterns in which the economic benefits are consumed or straight-line over the estimated useful life. The Company periodically reviews the estimated useful lives of these intangible assets and reviews these assets for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. The determination of impairment is based on estimates of future undiscounted cash flows. If an intangible asset is considered to be impaired, the amount of the impairment will be equal to the excess of the carrying value over the fair value of the asset. There was no
Impairment of long-lived assets	· Impairment of long-lived assets In accordance with the provisions of ASC Topic 360, “ Impairment or Disposal of Long-Lived Assets”
Revenue recognition	· Revenue recognition The Company adopted Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements: · identify the contract with a customer; · identify the performance obligations in the contract; · determine the transaction price; · allocate the transaction price to performance obligations in the contract; and · recognize revenue as the performance obligation is satisfied. Revenue is recognized when the Company satisfies its performance obligation under the contract by transferring the promised product to its customer that obtains control of the product and collection is reasonably assured. A performance obligation is a promise in a contract to transfer a distinct product or service to a customer. Most of the Company’s contracts have a single performance obligation, as the promise to transfer products or services is not separately identifiable from other promises in the contract and, therefore, not distinct. Consulting Business: Media & Entertainment: The transaction consideration the Company receives, if any, is noncash consideration, which the Company measures at fair value on the date received, at which time revenue is recognized. Fair value of the digital asset award received is determined using the average U.S. dollar spot rate of the related digital currency at the time of receipt. Expenses associated with operating the media & entertainment business, such as token minting cost are also recorded as cost of revenues. Amortization on licensed media content is also recorded as a component of cost of revenues. During the years ended December 31, 2021 and 2020, the following table shows non-cash transactions by digital assets: Schedule of non-cash transactions Years ended December 31, 2021 2020 Revenue earned and received by digital assets $ 95,955 $ – Cost of revenue paid by digital assets $ (1,815 ) $ –
Income taxes	· Income taxes The Company adopted the ASC 740 “Income tax” The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its balance sheets and provides valuation allowances as management deems necessary.
Uncertain tax positions	· Uncertain tax positions The Company did not take any uncertain tax positions and had no adjustments to its income tax liabilities or benefits pursuant to the ASC 740 provisions of Section 740-10-25 for the years ended December 31, 2021 and 2020.
Net loss per share	· Net loss per share The Company calculates net loss per share in accordance with ASC Topic 260, “ Earnings per Share
Foreign currencies translation	· Foreign currencies translation Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the consolidated statement of operations. The reporting currency of the Company is United States Dollar ("US$") and the accompanying consolidated financial statements have been expressed in US$. In addition, the Company is operating in Hong Kong and Singapore, and maintains its books and record in its local currencies, Hong Kong Dollars (“HKD”) and Singapore Dollars (“SGD”) respectively, which is a functional currency as being the primary currency of the economic environment in which their operations are conducted. In general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency is not US$ are translated into US$, in accordance with ASC Topic 830-30, “ Translation of Financial Statement Translation of amounts from HKD and SGD into US$ has been made at the following exchange rates for the years ended December 31, 2021 and 2020: Schedule of translation rates December 31, 2021 December 31, 2020 Year-end HKD:US$ exchange rate 0.1283 0.1290 Average HKD:US$ exchange rate 0.1287 0.1289 Year-end SGD:US$ exchange rate 0.7411 N/A Average SGD:US$ exchange rate 0.7443 N/A
Comprehensive income	· Comprehensive income ASC Topic 220, “ Comprehensive Income
Retirement plan costs	· Retirement plan costs Contributions to retirement plans (which are defined contribution plans) are charged to general and administrative expenses in the accompanying statements of operation as the related employee service is provided.
Related parties	· Related parties The Company follows the ASC 850-10, “Related Party Disclosures” Pursuant to section 850-10-20 the related parties include a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of section 825-10-15, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and Income-sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. The consolidated financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: a) the nature of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d) amount due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.
Commitments and contingencies	· Commitments and contingencies The Company follows the ASC 450-20, “Contingencies” If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s consolidated financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time that these matters will have a material adverse effect on the Company’s financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows.
Fair value of financial instruments	· Fair value of financial instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a framework for measuring fair value in generally accepted accounting principles (GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by paragraph 820-10-35-37 of the FASB Accounting Standards Codification are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. The carrying amounts of the Company’s financial assets and liabilities, such as cash and cash equivalents, prepaid expense and other current assets, accrued liabilities and other payables, accrued consulting service fee, amounts due to related parties and income tax payable approximate their fair values because of the short maturity of these instruments.
Recent accounting pronouncements	· Recent accounting pronouncements In May 2021, the FASB issued ASU 2021-04, Earnings Per Share (Topic 260), Debt-Modifications and Extinguishments (Subtopic 470-50), Compensation-Stock Compensation (Topic 718), and Derivatives and Hedging-Contracts in Entity’s Own Equity (Subtopic 815-40) The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.

DESCRIPTION OF BUSINESS AND O_2

DESCRIPTION OF BUSINESS AND ORGANIZATION (Tables)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Description of Subsidiaries	Description of Subsidiaries Name Place of incorporation and kind of legal entity Principal activities and place of operation Particulars of registered/paid up share capital Effective interest held Marvion Holdings Limited British Virgin Islands Investment holding 50,000 ordinary shares at par value of US$1 100 Marvion Private Limited Singapore Corporate management and IT development in Singapore 1,000 ordinary shares for S$1 100 Marvion Group Limited British Virgin Islands Procurement of media and entertainment in Singapore 50,000 ordinary shares at par value of US$1 100 Marvion (Hong Kong) Limited Hong Kong Corporate management in Hong Kong 1,000 ordinary shares for HK$1,000 100 Typerwise Limited Hong Kong Provision of financing, business development solutions & related professional services 10,000 ordinary shares for HK$10,000 100 Marvel Multi-dimensions Limited (1) Hong Kong Provision of research & development, IT and consulting services and treasury management 10,000 ordinary shares for HK$10,000 100 (1)

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Schedule of non-cash transactions	Schedule of non-cash transactions Years ended December 31, 2021 2020 Revenue earned and received by digital assets $ 95,955 $ – Cost of revenue paid by digital assets $ (1,815 ) $ –
Schedule of translation rates	Schedule of translation rates December 31, 2021 December 31, 2020 Year-end HKD:US$ exchange rate 0.1283 0.1290 Average HKD:US$ exchange rate 0.1287 0.1289 Year-end SGD:US$ exchange rate 0.7411 N/A Average SGD:US$ exchange rate 0.7443 N/A

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	12 Months Ended
	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Disaggregation of revenue	Disaggregation of revenue Years ended December 31, 2021 2020 Sale of licensed media products $ 95,955 $ – Consulting service income 201,137 – $ 297,092 $ –

BUSINESS SEGMENT INFORMATION (T

BUSINESS SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
Schedule of reconciliation of revenue from segments	Schedule of reconciliation of revenue from segments Year Ended December 31, 2021 Media & Entertainment Segment Business Consulting Segment Total Revenue from external customers: Sale of licensed media products $ 95,955 $ – $ 95,955 Consulting service income – 201,137 201,137 Total revenue 95,955 201,137 297,092 Cost of sales: Sale of licensed media products (1,815 ) – (1,815 ) Consulting service income – (73,788 ) (73,788 ) Amortization (12,220 ) – (12,220 ) Total cost of revenue (14,035 ) (73,788 ) (87,823 ) Gross profit 81,920 127,349 209,269 Operating Expenses Technology and development (124,148 ) – (124,148 ) Sales and marketing (184,770 ) (593 ) (185,363 ) Corporate development (680,000 ) – (680,000 ) Impairment loss on digital assets (1,640 ) – (1,640 ) General and administrative (1,238,374 ) (95,692 ) (1,334,066 ) Total operating expenses (2,228,932 ) (96,285 ) (2,325,217 ) Segment (loss) income $ (2,147,012 ) $ 31,064 $ (2,115,948 ) Year Ended December 31, 2020 Media & Entertainment Segment Business Consulting Segment Total Revenue from external customers: Sale of licensed media products $ – $ – $ – Consulting service income – – – Total revenue – – – Cost of sales: Sale of licensed media products – – – Consulting service income – – – Total cost of revenue – – – Gross profit – – – Operating Expenses General and administrative – (865 ) (865 ) Total operating expenses – (865 ) (865 ) Segment loss $ – $ (865 ) $ (865 )
Segment balance sheet items	Segment balance sheet items As of December 31, 2021 Media & Business Total Addition in intangible assets $ 153,656 $ – $ 153,656 Identifiable assets $ 115,608 $ 28,124 $ 143,732 As of December 31, 2020 Media & Business Total Capital expenditure $ – $ – $ – Identifiable assets $ – $ 2,650 $ 2,650
Schedule of revenue from customer by geographic segment	Schedule of revenue from customer by geographic segment Years ended December 31, 2021 2020 Hong Kong $ 201,137 $ – Around the world 95,955 – $ 297,092 $ –

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	Schedule of intangible assets Estimated useful life 2021 2020 At cost: Licensed media content 3 $ 146,010 $ – Trademarks and trade name 10 7,646 – 153,656 – Less: accumulated amortization (12,279 ) – $ 141,377 $ –
Schedule of amortization expense for intangible assets	Schedule of amortization expense for intangible assets Year ending December 31: Amount 2022 $ 49,435 2023 49,435 2024 37,267 2025 765 2026 765 Thereafter 3,710 Total $ 141,377

NET LOSS PER SHARE (Tables)

NET LOSS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Schedule of net loss per share	Schedule of net loss per share Years ended December 31, 2021 2020 Net loss attributable to common shareholders $ 2,121,074 $ 865 Weighted average common shares outstanding – Basic and diluted 1,349,528,828 1,217,764,822 Net loss per share – Basic and diluted # $ (0.00 ) $ (0.00 )

INCOME TAX (Tables)

INCOME TAX (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of income (loss) before income tax	Schedule of income (loss) before income tax Years ended December 31, 2021 2020 Tax jurisdiction from: - Local $ (556,224 ) $ – - Foreign, including British Virgin Islands (396 ) – Singapore (1,589,007 ) – Hong Kong 29,679 (865 ) Loss before income taxes $ (2,115,948 ) $ (865 )
Schedule of provision for income taxes	Schedule of provision for income taxes Years ended December 31, 2021 2020 Current: - $ – $ – - 5,126 – Deferred: - – – - – – Income tax expense $ 5,126 $ –
Schedule of income tax expense	Schedule of income tax expense Years ended December 31, 2021 2020 Loss before income taxes $ 1,589,007 $ – Statutory income tax rate 17 17 Income tax expense at statutory rate 270,131 – Net operating loss not recognized as deferred tax (270,131 ) – Income tax expense $ – $ –
Schedule of deferred tax assets	Schedule of deferred tax assets 2021 2020 Deferred tax assets: NOL – US tax regime $ 116,807 $ – NOL – British Virgin Islands regime – – NOL – Hong Kong tax regime – 479 NOL – Singapore tax regime 270,131 – 386,938 479 Less: valuation allowance (386,938 ) (479 ) Deferred tax assets, net $ – $ –

CONCENTRATIONS OF RISK (Tables)

CONCENTRATIONS OF RISK (Tables)	12 Months Ended
	Dec. 31, 2021
Risks and Uncertainties [Abstract]
Schedules of concentrations	Schedules of concentrations Year ended December 31, 2021 December 31, 2021 Customer Revenues Percentage Accounts Customer A $ 100,950 34% $ – Customer B 100,187 34% – $ 201,137 68% $ –

Description of Subsidiaries (De

Description of Subsidiaries (Details)	12 Months Ended
	Dec. 31, 2021
Marvion Holdings Limited [Member]
Name of subsidiary	Marvion Holdings Limited
Place of incorporation	British Virgin Islands
Principal activity	Investment holding
Share capital	50,000 ordinary shares at par value of US$1
Ownership percentage	100.00%
Marvion Private Limited [Member]
Name of subsidiary	Marvion Private Limited
Place of incorporation	Singapore
Principal activity	Corporate management and IT development in Singapore
Share capital	1,000 ordinary shares for S$1
Ownership percentage	100.00%
Marvion Group Limited [Member]
Name of subsidiary	Marvion Group Limited
Place of incorporation	British Virgin Islands
Principal activity	Procurement of media and entertainment in Singapore
Share capital	50,000 ordinary shares at par value of US$1
Ownership percentage	100.00%
Marvion Hong Kong Limited [Member]
Name of subsidiary	Marvion (Hong Kong) Limited
Place of incorporation	Hong Kong
Principal activity	Corporate management in Hong Kong
Share capital	1,000 ordinary shares for HK$1,000
Ownership percentage	100.00%
Typerwise Limited [Member]
Name of subsidiary	Typerwise Limited
Place of incorporation	Hong Kong
Principal activity	Provision of financing, business development solutions & related professional services
Share capital	10,000 ordinary shares for HK$10,000
Ownership percentage	100.00%
Marvel Multi Dimensions Limited [Member]
Name of subsidiary	Marvel Multi-dimensions Limited
Place of incorporation	Hong Kong
Principal activity	Provision of research & development, IT and consulting services and treasury management
Share capital	10,000 ordinary shares for HK$10,000
Ownership percentage	100.00%

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Revenues	$ 297,092	$ 0
Cost of revenue	(87,823)	0
Digital Assets [Member]
Defined Benefit Plan Disclosure [Line Items]
Revenues	95,955	0
Cost of revenue	$ (1,815)	$ 0

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1)	Dec. 31, 2021	Dec. 31, 2020
Period End [Member] | HONG KONG
Intercompany Foreign Currency Balance [Line Items]
Translation rate	0.1283	0.1290
Period End [Member] | SINGAPORE
Intercompany Foreign Currency Balance [Line Items]
Translation rate	0.7411
Period Average [Member] | HONG KONG
Intercompany Foreign Currency Balance [Line Items]
Translation rate	0.1287	0.1289
Period Average [Member] | SINGAPORE
Intercompany Foreign Currency Balance [Line Items]
Translation rate	0.7443

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Impairment of Intangible Assets (Excluding Goodwill)	$ 0	$ 0

GOING CONCERN UNCERTAINTIES (De

GOING CONCERN UNCERTAINTIES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net Income (Loss) Attributable to Parent	$ 2,121,074	$ 865
Accumulated deficit	$ 16,157,367	$ 14,036,293

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Revenue, net	$ 297,092	$ 0
License [Member]
Disaggregation of Revenue [Line Items]
Revenue, net	95,955	0
Consulting Service Income [Member]
Disaggregation of Revenue [Line Items]
Revenue, net	$ 201,137	$ 0

BUSINESS SEGMENT INFORMATION (D

BUSINESS SEGMENT INFORMATION (Details - Revenue from Segments) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Total revenue	$ 297,092	$ 0
Cost of Revenue	(87,823)	0
Gross profit	209,269	0
Operating Expenses
Technology and development	(124,148)	0
Sales and marketing	(185,363)	0
Corporate development	(680,000)	0
Impairment loss on digital assets	(1,640)	0
General and administrative	(1,334,066)	(865)
Total operating expenses	(2,325,217)	(865)
Segment loss	(2,115,948)	(865)
Sale Of Media Products [Member]
Segment Reporting Information [Line Items]
Total revenue	95,955	0
Cost of Revenue	(1,815)	0
Consulting Service Income [Member]
Segment Reporting Information [Line Items]
Total revenue	201,137	0
Cost of Revenue	(73,788)	0
Media And Entertainment Segment [Member]
Segment Reporting Information [Line Items]
Total revenue	95,955	0
Cost of Revenue	(14,035)	0
Amortization	(12,220)
Gross profit	81,920	0
Operating Expenses
Technology and development	(124,148)
Sales and marketing	(184,770)
Corporate development	(680,000)
Impairment loss on digital assets	(1,640)
General and administrative	(1,238,374)	0
Total operating expenses	(2,228,932)	0
Segment (loss) income	(2,147,012)
Segment loss		0
Media And Entertainment Segment [Member] | Sale Of Media Products [Member]
Segment Reporting Information [Line Items]
Total revenue	95,955	0
Cost of Revenue	(1,815)	0
Media And Entertainment Segment [Member] | Consulting Service Income [Member]
Segment Reporting Information [Line Items]
Total revenue	0	0
Cost of Revenue	0	0
Business Consulting Segment [Member]
Segment Reporting Information [Line Items]
Total revenue	201,137	0
Cost of Revenue	(73,788)	0
Amortization	0
Gross profit	127,349	0
Operating Expenses
Technology and development	0
Sales and marketing	(593)
Corporate development	0
Impairment loss on digital assets	0
General and administrative	(95,692)	(865)
Total operating expenses	(96,285)	(865)
Segment (loss) income	31,064
Segment loss		(865)
Business Consulting Segment [Member] | Sale Of Media Products [Member]
Segment Reporting Information [Line Items]
Total revenue	0	0
Cost of Revenue	0	0
Business Consulting Segment [Member] | Consulting Service Income [Member]
Segment Reporting Information [Line Items]
Total revenue	201,137	0
Cost of Revenue	(73,788)	0
Total [Member]
Segment Reporting Information [Line Items]
Total revenue	297,092	0
Cost of Revenue	(87,823)	$ 0
Amortization	(12,220)
Gross profit	209,269
Operating Expenses
Technology and development	(124,148)
Sales and marketing	(185,363)
Corporate development	(680,000)
Impairment loss on digital assets	(1,640)
General and administrative	(1,334,066)
Total operating expenses	(2,325,217)
Segment (loss) income	$ (2,115,948)

Segment balance sheet items (De

Segment balance sheet items (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Addition in intangible assets	$ 153,656	$ 0
Identifiable assets	143,732	2,650
Media And Entertainment Segment [Member]
Segment Reporting Information [Line Items]
Addition in intangible assets	153,656
Identifiable assets	115,608	0
Capital expenditure		0
Business Consulting Segment [Member]
Segment Reporting Information [Line Items]
Addition in intangible assets	0
Identifiable assets	$ 28,124	2,650
Capital expenditure		$ 0

BUSINESS SEGMENT INFORMATION _2

BUSINESS SEGMENT INFORMATION (Details - Revenue by Geographic Segment) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 297,092	$ 0
HONG KONG
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	201,137	0
Around The World [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 95,955	$ 0

INTANGIBLE ASSETS (Details)

INTANGIBLE ASSETS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 153,656	$ 0
Less: accumulated amortization	(12,279)	0
Finite-Lived Intangible Assets, Accumulated Amortization	12,279	0
Intangible assets, net	$ 141,377	0
Licensed Media Content [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life	3 years
Intangible assets, gross	$ 146,010	0
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life	10 years
Intangible assets, gross	$ 7,646	$ 0

INTANGIBLE ASSETS (Details - Fu

INTANGIBLE ASSETS (Details - Future amortization of intangible assets) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
2022	$ 49,435
2023	49,435
2024	37,267
2025	765
2026	765
Thereafter	3,710
Total	$ 141,377	$ 0

INTANGIBLE ASSETS (Details Narr

INTANGIBLE ASSETS (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 12,332	$ 0

ACCRUED CONSULTING AND SERVIC_2

ACCRUED CONSULTING AND SERVICE FEE (Details Narrative) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Accrued Consulting And Service Fee
Accrued consulting and service fee	$ 2,072,418	$ 0

AMOUNTS DUE TO RELATED PARTIES

AMOUNTS DUE TO RELATED PARTIES (Details Narrative) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Amounts Due To Related Parties
Due to Related Parties	$ 283,636	$ 4,218

SHAREHOLDERS_ DEFICIT (Details

SHAREHOLDERS’ DEFICIT (Details Narrative) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Class of Stock [Line Items]
Preferred stock, shares authorized	30,000,000
Preferred stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	1,970,000,000	1,970,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares issued	1,867,681,876	1,867,681,876
Common stock, shares outstanding	1,867,681,876	1,867,681,876
Marvion Holdings Limited [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, Acquisitions	1,217,764,822
Stock to be issued during period acquisitions, shares	138,468,716,631
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000
Preferred stock, shares issued	10,000,000	10,000,000
Preferred stock, shares outstanding	10,000,000	10,000,000
Series B Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	1,000,000
Preferred stock, shares issued	366,345	366,345
Preferred stock, shares outstanding	366,345	366,345
Series C Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	1
Preferred stock, shares issued	1	1
Preferred stock, shares outstanding	1	1

NET LOSS PER SHARE (Details)

NET LOSS PER SHARE (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Earnings Per Share [Abstract]
Net loss attributable to common shareholders	$ 2,121,074	$ 865
Weighted average common shares outstanding – Basic and diluted	1,349,528,828	1,217,764,822
Net loss per share – Basic and diluted #	$ 0	$ 0

INCOME TAX (Details - Reconcila

INCOME TAX (Details - Reconcilation of taxes) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Operating Loss Carryforwards [Line Items]
LOSS BEFORE INCOME TAXES	$ (2,115,948)	$ (865)
Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
LOSS BEFORE INCOME TAXES	(556,224)	0
Foreign Tax Authority [Member] | VIRGIN ISLANDS, BRITISH
Operating Loss Carryforwards [Line Items]
LOSS BEFORE INCOME TAXES	(396)	0
Foreign Tax Authority [Member] | SINGAPORE
Operating Loss Carryforwards [Line Items]
LOSS BEFORE INCOME TAXES	(1,589,007)	0
Foreign Tax Authority [Member] | HONG KONG
Operating Loss Carryforwards [Line Items]
LOSS BEFORE INCOME TAXES	$ 29,679	$ (865)

INCOME TAX (Details - Current a

INCOME TAX (Details - Current and deferred Income tax expense) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
- Local	$ 0	$ 0
- Foreign	5,126	0
- Local	0	0
- Foreign	0	0
Income tax expense	$ 5,126	$ 0

INCOME TAX (Details - Income ta

INCOME TAX (Details - Income tax expense) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income tax expense	$ 5,126	$ 0
SINGAPORE
Loss before income taxes	$ 1,589,007	$ 0
Statutory income tax rate	17.00%	17.00%
Income tax expense at statutory rate	$ 270,131	$ 0
Net operating loss not recognized as deferred tax	(270,131)	0
Income tax expense	$ 0	$ 0

INCOME TAX (Details - Deferred

INCOME TAX (Details - Deferred tax assets) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Operating Loss Carryforwards [Line Items]
Deferred tax assets, gross	$ 386,938	$ 479
U S Tax Regime [Member]
Operating Loss Carryforwards [Line Items]
Deferred tax assets, gross	116,807	0
British Virgin Islands Regime [Member]
Operating Loss Carryforwards [Line Items]
Deferred tax assets, gross	0	0
Hong Kong Tax Regime [Member]
Operating Loss Carryforwards [Line Items]
Deferred tax assets, gross		479
[custom:DeferredTaxAssetsGross1-0]
Singapore Tax Regime [Member]
Operating Loss Carryforwards [Line Items]
Deferred tax assets, gross	270,131	0
Less: valuation allowance	(386,938)	(479)
Deferred tax assets, net	$ 0	$ 0

INCOME TAX (Details Narrative)

INCOME TAX (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income tax expense	$ 5,126	$ 0
SINGAPORE
Operating Loss Carryforwards	1,589,007
Deferred Tax Assets, Operating Loss Carryforwards	270,131
Income (loss) before income taxes	$ 1,589,007	$ 0
Statutory income tax rate	17.00%	17.00%
Income tax expense at statutory rate	$ 270,131	$ 0
Deferred tax asset not recognized	(270,131)	0
Income tax expense	0	0
HONG KONG
Income (loss) before income taxes	$ 29,679	$ (865)
Statutory income tax rate	16.50%	16.50%
Income tax expense at statutory rate	$ 4,897	$ (143)
Tax effect of non-deductibles items	18	0
Deferred tax asset not recognized	211	143
Income tax expense	$ 5,126	$ 0

CONCENTRATIONS OF RISK (Details

CONCENTRATIONS OF RISK (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Concentration Risk [Line Items]
Revenue, net	$ 297,092	$ 0
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Axiom Global H K Limited [Member]
Concentration Risk [Line Items]
Revenue, net	$ 100,950
Concentration Risk, Percentage	34.00%
Accounts Receivable, after Allowance for Credit Loss	$ 0
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Video Commerce Group Limited [Member]
Concentration Risk [Line Items]
Revenue, net	$ 100,187
Concentration Risk, Percentage	34.00%
Accounts Receivable, after Allowance for Credit Loss	$ 0
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Major Customers Total [Member]
Concentration Risk [Line Items]
Revenue, net	$ 201,137
Concentration Risk, Percentage	68.00%
Accounts Receivable, after Allowance for Credit Loss	$ 0

CONCENTRATIONS OF RISK (Detai_2

CONCENTRATIONS OF RISK (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Concentration Risk [Line Items]
Revenues	$ 297,092	$ 0
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Major Customers [Member]
Concentration Risk [Line Items]
Revenues	$ 0

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments or contingencies	$ 0	$ 0