Cosmos (COSG) 10-K 16 Apr 24 2023 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2023	Mar. 06, 2024	Jun. 30, 2022
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Transition Report	false
Document Financial Statement Error Correction [Flag]	false
Entity Interactive Data Current	Yes
ICFR Auditor Attestation Flag	false
Amendment Flag	false
Document Period End Date	Dec. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Documents Incorporated by Reference [Text Block]	None
Entity Information [Line Items]
Entity Registrant Name	COSMOS GROUP HOLDINGS INC.
Entity Central Index Key	0001706509
Entity File Number	000-545793
Entity Tax Identification Number	90-1177460
Entity Incorporation, State or Country Code	NV
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Public Float			$ 740,548,650
Entity Contact Personnel [Line Items]
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
Entity Phone Fax Numbers [Line Items]
City Area Code	+ 65
Local Phone Number	6829 7017
Entity Listings [Line Items]
Title of 12(b) Security	Common Stock, $0.001 par value
No Trading Symbol Flag	true
Entity Common Stock, Shares Outstanding		4,585,973,082

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2023
Auditor [Table]
Auditor Name	Olayinka Oyebola & Co.
Auditor Firm ID	5968
Auditor Location	Lagos, Nigeria

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 39,590	$ 142,870
Account receivables	872,319	180,181
Inventories	1,116,086	1,164,887
Prepayments and other receivables	6,758,168	17,456
Income tax receivable	442	442
Assets of discontinued operations		21,107,957
Total current assets	8,786,605	22,613,793
Non-current assets:
Property and equipment, net	1,331	2,163
Intangible assets	9,867,053	13,339,427
Assets of discontinued operations		3,154,981
TOTAL ASSETS	18,654,989	39,110,364
Current liabilities:
Accounts payable	2,721,162	2,381,429
Accrued liabilities and other payables	148,585	327,201
Accrued consulting and service fee	16,671,088	2,851,719
Convertible note payables	197,792	383,058
Promissory Note Payables	39,053,735
Liabilities of discontinued operations		20,905,206
Total current liabilities	65,453,469	32,693,033
Non-current liabilities:
Liabilities of discontinued operations		29,725
TOTAL LIABILITIES	65,453,469	32,722,758
Commitments and contingencies
STOCKHOLDERS’ (DEFICIT) EQUITY
Common stock, $0.001 par value; 5,000,000,000 shares authorized; 1,931,024,294 and 454,398,143 issued and outstanding as of December 31, 2023 and 2022	1,931,024	454,398
Common stock to be issued		400,000
Additional paid-in capital	156,736,912	133,631,985
Accumulated other comprehensive (loss) income	(28,338)	18,554
Accumulated deficit	(205,447,983)	(128,107,220)
Stockholders’ equity (deficit) attributable to COSG Group Holdings Inc.	(46,808,385)	6,397,717
Noncontrolling interest	9,905	(10,111)
Stockholders’ (deficit) equity	(46,798,480)	6,387,606
TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY	18,654,989	39,110,364
Related Party
Current liabilities:
Amounts due to related parties	$ 6,661,107	$ 5,844,420

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Common stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	5,000,000,000	5,000,000,000
Common stock, shares issued	1,931,024,294	454,398,143
Common stock, shares outstanding	1,931,024,294	454,398,143

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenues:
Arts and collectibles technology income	$ 618,197	$ 14,059,050
Cost of revenue:
Arts and collectibles technology expense	(386,157)	(3,019,794)
Gross profit	232,040	11,039,256
Operating expenses:
Sales and marketing	(1,706,772)	(27,097,616)
Corporate development	(867,193)	(26,898,128)
Technology and support	(3,694,807)	(43,301,993)
General and administrative expenses	(21,889,296)	(10,408,547)
Total operating expenses	(28,158,068)	(107,706,284)
LOSS FROM OPERATION	(27,926,028)	(96,667,028)
Other income (expense):
Interest income	196	528
Convertible notes interest expense	(111,306)	(4,868)
Gain from the sale of digital assets		181
Impairment loss on digital assets		(12,633)
Impairment loss on goodwill		(816,263)
Loan interest expense	(151,777)	(1,360)
Loss on disposal of subsidiaries	(48,652,535)	(5,129,854)
Sundry income		829
Total other expense, net	(48,915,422)	(5,963,440)
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(76,841,450)	(102,630,468)
Income tax credit		3,303
LOSS FROM CONTINUING OPERATIONS	(76,841,450)	(102,627,165)
DISCONTINUED OPERATIONS:
(Loss) income from discontinued operations, net of income taxes	(489,543)	922,358
NET LOSS	(77,330,993)	(101,704,807)
Net income (loss) attributable to noncontrolling interest	9,770	(34,064)
Net loss attributable to common shareholders	(77,340,763)	(101,670,743)
Other comprehensive (loss) income:
Foreign currency adjustment (loss) income	(46,892)	26,142
COMPREHENSIVE LOSS	$ (77,387,655)	$ (101,644,601)
Net loss per share – Basic and Diluted (in Dollars per share)	$ (0.06)	$ (0.27)
Weighted average common shares outstanding:
Basic and Diluted (in Shares)	1,341,825,986	374,086,727

Consolidated Statements of Op_2

Consolidated Statements of Operations and Comprehensive Loss (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net loss per share – Diluted	$ (0.06)	$ (0.27)
Diluted	1,341,825,986	374,086,727

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Cash flows from operating activities:
Net loss	$ (77,330,993)	$ (101,704,807)
Less: net (income) loss from discontinued operations	(489,543)	922,358
Net loss from continuing operations	(76,841,450)	(102,627,165)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities
Depreciation of property and equipment	829	3,194
Amortization of intangible assets	3,392,423	3,931,641
Imputed interest expense		949,790
Revenue received by digital assets (non-cash)		(30,005,442)
Expense settled by digital assets (non-cash)		29,607,771
Impairment loss on digital assets		12,633
Impairment loss on goodwill		816,263
Loss on the sale of digital assets		(181)
Shares issued for services rendered	10,322,092	86,572,168
Loss on disposal of subsidiaries	48,644,345	5,129,854
Change in operating assets and liabilities:
Account receivables	(692,138)
Inventories	48,801	938,151
Prepayments and other receivables	434,967	94,191
Accounts payables	339,733	2,141,273
Accrued liabilities and other payables	(161,751)	(226,137)
Accrued consulting and service fee	13,819,369	5,769,457
Produced content cost		543,895
Income tax payable		7,618
Net cash (used in) provided by operating activities – Continuing operations	(692,780)	3,658,974
Net cash provided by (used in) activities – Discontinued operations	359,671	(709,632)
Net cash (used in) provided by operating activities	(333,109)	2,949,342
Cash flows from investing activities:
Payment to acquire property and equipment		(2,859)
Purchase of intangible assets	(145)	(1,884)
Cash from acquisition of non-controlling interest	10,246	1,005,654
Net cash provided by investing activities – Continuing operations	10,101	1,000,911
Net cash provided by investing activities – Discontinued operations
Net cash provided by investing activities	10,101	1,000,911
Cash flows from financing activities:
Repayment to related parties	(1,113,045)	(3,563,086)
Proceeds from convertible note payables		412,783
Net cash used in financing activities – Continuing operations	(1,113,045)	(3,150,303)
Net cash (used in) provided by financing activities – Discontinued operations	(736,700)	758,856
Net cash used in financing activities	(1,849,745)	(2,391,447)
Foreign currency translation adjustment	(256,485)	(221,106)
Net change in cash and cash equivalents	(2,429,238)	1,337,700
BEGINNING OF YEAR	2,468,828	1,131,128
END OF YEAR	39,590	2,468,828
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for income taxes
Cash paid for interest	94,724	405,972
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Shares issued for the acquisition of intangible assets		$ 21,845,128

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders’ Equity (Deficit) - USD ($)	Common stock	Common stock to be issued	Additional paid-in capital	Accumulated other comprehensive (loss) income	(Accumulated losses)	Non- controlling interest	Total
Balance at Dec. 31, 2021	$ 358,067	$ 806,321	$ 44,930,337	$ (7,588)	$ (26,436,477)	$ 118,409	$ 19,769,069
Balance (in Shares) at Dec. 31, 2021	358,067,481
Imputed interest on related party loans			713,167				713,167
Commitment Share issued for private placement	$ 100		(100)
Commitment Share issued for private placement (in Shares)	100,000
Shares cancelled		(400,000)	400,000
Share issued for service rendered	$ 73,695	(6,321)	86,504,796				86,572,168
Share issued for service rendered (in Shares)	73,694,483
Shares issued for acquired subsidiary	$ 22,536		1,083,785			(94,470)	1,011,853
Shares issued for acquired subsidiary (in Shares)	22,536,179
Foreign currency translation adjustment				26,142		14	26,156
Net (loss) income for the year					(101,670,743)	(34,064)	(101,704,807)
Balance at Dec. 31, 2022	$ 454,398	400,000	133,631,985	18,554	(128,107,220)	(10,111)	$ 6,387,606
Balance (in Shares) at Dec. 31, 2022	454,398,143						454,398,143
Imputed interest on related party loans			460,893				$ 460,893
Shares cancelled	$ (353)		353
Shares cancelled (in Shares)	(352,941)
Shares cancelled for disposal of subsidiaries	$ (8,120)		13,296,888				13,288,768
Shares cancelled for disposal of subsidiaries (in Shares)	(8,119,657)
Share redemption	$ 67,172		42,628				109,800
Share redemption (in Shares)	67,171,977
Share issued for service rendered	$ 1,017,927		9,304,165				10,322,092
Share issued for service rendered (in Shares)	1,017,926,772
Shares issued for acquired subsidiary	$ 400,000	$ (400,000)				10,246	10,246
Shares issued for acquired subsidiary (in Shares)	400,000,000
Foreign currency translation adjustment				(46,892)			(46,892)
Net (loss) income for the year					(77,340,763)	9,770	(77,330,993)
Balance at Dec. 31, 2023	$ 1,931,024		$ 156,736,912	$ (28,338)	$ (205,447,983)	$ 9,905	$ (46,798,480)
Balance (in Shares) at Dec. 31, 2023	1,931,024,294						1,931,024,294

Organization and Business Backg

Organization and Business Background	12 Months Ended
	Dec. 31, 2023
Organization and Business Background [Abstract]
ORGANIZATION AND BUSINESS BACKGROUND	NOTE 1 - ORGANIZATION AND BUSINESS BACKGROUND Cosmos Group Holdings Inc. (the “Company” or “COSG”) was incorporated in the state of Nevada on August 14, 1987. The Company currently offers financial and money lending services in Hong Kong and operates an online platform for the sale and distribution of arts and collectibles around the world, through the use of blockchain technologies and minting token. Description of subsidiaries Company name Place of incorporation Principal activities Particulars of Effective Massive Treasure Limited BVI, limited liability company Investment holding 50,000 ordinary shares with a par value of US$1 each 100 % Coinllectibles DeFi Limited Hong Kong, limited liability company Financing service management in Hong Kong 10,000 ordinary shares for HK$10,000 100 % Coinllectibles Private Limited Singapore, limited liability company Corporate management and IT development in Singapore 1,000 ordinary shares for S$1,000 100 % Healthy Finance Limited# Hong Kong, limited liability company Money lending service in Hong Kong 10,000 ordinary shares for HK$10,000 51 % 8M Limited^ Hong Kong, limited liability company Money lending service in Hong Kong 10 ordinary shares for HK$10 100 % Dragon Group Mortgage Limited# Hong Kong, limited liability company Money lending service in Hong Kong 10,000 ordinary shares for HK$10,000 51 % E-on Finance Limited^ Hong Kong, limited liability company Money lending service in Hong Kong 2 ordinary shares for HK$2 100 % Lee Kee Finance Limited^ Hong Kong, limited liability company Money lending service in Hong Kong 920,000 ordinary shares for HK$920,000 51 % Rich Finance (Hong Kong) Limited^ Hong Kong, limited liability company Money lending service in Hong Kong 10,000 ordinary shares for HK$10,000 51 % Long Journey Finance Limited^ Hong Kong, limited liability company Money lending service in Hong Kong 100 ordinary shares for HK$100 51 % Vaav Limited^ Hong Kong, limited liability company Money lending service in Hong Kong 10,000 ordinary shares for HK$10,000 51 % Star Credit Limited^ Hong Kong, limited liability company Money lending service in Hong Kong 1,000,000 ordinary shares for HK$1,000,000 51 % NFT Limited BVI, limited liability company Procurement of intangible assets in Hong Kong 10,000 ordinary shares with a par value of US$1 each 51 % Grandway Worldwide Holding Limited BVI, limited liability company Development of mobile application 50,000 ordinary shares for USD$50,000 51 % Grand Town Development Limited Hong Kong, limited liability company Provision treasury management 2 ordinary shares for HK$2 100 % Grand Gallery Limited Hong Kong, limited liability company Procurement of art and collectibles in Hong Kong 400,000 ordinary shares for HK$400,000 80 % Phoenix Waters Group Limited BVI, limited liability company Investment holding 50,000 ordinary shares with a par value of US$1 each 100 % # These subsidiaries were disposed on June 30, 2023 ^ These subsidiaries were disposed on September 30, 2023

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2023
Summary of Significant Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 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 year include the goodwill, impairment loss on digital assets, valuation and useful lives of intangible assets and property and equipment and deferred tax valuation allowance. ● Basis of consolidation The consolidated financial statements include the accounts of COSG and its subsidiaries. All significant inter-company balances and transactions within the Company have been eliminated upon consolidation. ● Noncontrolling interest The Company accounts for noncontrolling interest in accordance with Accounting Standard Codification (“ASC”) 810-10-45, which requires the Company to present noncontrolling interests as a separate component of total shareholders’ equity on the consolidated balance sheets and the consolidated net loss attributable to its noncontrolling interest be clearly identified and presented on the face of the consolidated statements of operations and comprehensive loss. ● Business combination The Company allocates the fair value of purchase consideration to the tangible assets acquired, liabilities assumed and intangible assets acquired based on their estimated fair values. The excess of the fair value of purchase consideration over the fair values of these identifiable assets and liabilities is recorded as goodwill to reporting units based on the expected benefit from the business combination. Allocation of purchase consideration to identifiable assets and liabilities affects the amortization expense, as acquired finite-lived intangible assets are amortized over the useful life, whereas any indefinite-lived intangible assets, including goodwill, are not amortized. During the measurement period, which is not to exceed one year from the acquisition date, we record adjustments to the assets acquired and liabilities assumed, with the corresponding offset to goodwill. Upon the conclusion of the measurement period, any subsequent adjustments are recorded to earnings. Acquisition-related expenses are recognized separately from business combinations and are expensed as incurred. ● Segment reporting ASC 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. ● Inventories Inventories are stated at the lower of cost (first-in, first-out method) or net realizable value. The cost includes the purchase cost of arts and collectibles from related party and independent artists and the costs associated with token minting for collectible pieces. The Company will reduce inventory on hand to its net realizable value on an item-by-item basis when it is apparent that the expected realizable value of an inventory item falls below its original cost. A charge to cost of sales results when the estimated net realizable value of specific inventory items declines below cost. Management regularly reviews the Company’s inventories for such declines in value. Although inventories are classified as current assets in the accompanying balance sheets, the Company anticipates that certain inventories will be sold beyond twelve months from December 31, 2023. ● Digital assets The Company’s digital assets mainly represent the cryptocurrencies held in its e-wallet. The Company accounts for its digital assets in accordance with ASC 350, General Intangibles Other Than Goodwill Digital Assets held by the Company are included in current assets in the consolidated balance sheets, as follows:- Cryptocurrencies - Tether USDT - Okipad OKI - Ethereum ETH - Binance Coin BNB - Binance USD BUSD - Colligo Token COTK - Polygon MATIC Due to the lack of authoritative GAAP guidance, the Company has determined its Digital Assets to be akin to intangible assets and are accounted in such manner. As intangible assets, Digital Assets are initially measured at cost. Since there is no limit on the useful life of the Company’s cryptocurrency coins and tokens, they are classified as indefinite-lived intangible assets. ASC 350 requires assets to be measured based on the fair value of the consideration given or the fair value of the assets (or net assets) acquired, whichever is more clearly evident and, thus, more reliably measurable. Accordingly, if the fair market value at any point during the reporting period is lower than the carrying value an impairment loss equal to the difference will be recognized in the consolidated statement of operations. If the fair market value at any point during the reporting period is higher than the carrying value, the basis of the digital assets will not be adjusted to account for this increase. Indefinite-lived intangible assets are not subject to amortization. Instead they are tested for impairment on an annual basis and more frequently if events or circumstances change that indicate that it’s more likely than not that the asset is impaired. As a result of the aforementioned, the Company will only recognize decreases in the value of its cryptocurrency coins and tokens, and any increase in value will be recognized upon disposition. Cryptocurrency coins and tokens are traded on exchanges in which there are observable prices in an active market, the Company views a decline in the quoted price below the cost to be an impairment indicator. The quoted price and observable prices of cryptocurrency coins and tokens, are determined by the Company using a principal market analysis in accordance with ASC 820, Fair Value Measurement Realized gain (loss) on sale of digital assets is included in other income (expense) in the consolidated statements of operations, while impairment loss of digital assets is included in operating expenses because of the nature of the assets. The Company’s cryptocurrencies are deemed to have an indefinite useful life; therefore amounts are not amortized, but rather are assessed for impairment. ● Loan receivables, net Loans receivables are carried at unpaid principal balances, less the allowance for loan losses and charge-offs. The loans receivables portfolio consists of real estate mortgage loans, commercial and personal loans. Loans are placed on nonaccrual status when they are past due 180 days or more as to contractual obligations or when other circumstances indicate that collection is not probable. When a loan is placed on nonaccrual status, any interest accrued but not received is reversed against interest income. Payments received on a nonaccrual loan are either applied to protective advances, the outstanding principal balance or recorded as interest income, depending on an assessment of the ability to collect the loan. A nonaccrual loan may be restored to accrual status when principal and interest payments have been brought current and the loan has performed in accordance with its contractual terms for a reasonable period (generally six months). If the Company determines that a loan is impaired, the Company next determines the amount of the impairment. The amount of impairment on collateral dependent loans is charged off within the given fiscal quarter. Generally the amount of the loan and negative escrow in excess of the appraised value less estimated selling costs, for the fair value of collateral valuation method, is charged off. For all other loans, impairment is measured as described below in Allowance for Loan Losses. ● Allowance for loan losses (“ALL”) The adequacy of the Company’s ALL is determined, in accordance with ASC 450-20 Loss Contingencies The ALL reflects management’s evaluation of the loans presenting identified loss potential, as well as the risk inherent in various components of the portfolio. There is significant judgment applied in estimating the ALL. These assumptions and estimates are susceptible to significant changes based on the current environment. Further, any change in the size of the loan portfolio or any of its components could necessitate an increase in the ALL even though there may not be a decline in credit quality or an increase in potential problem loans. ● Property and equipment Property and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational and after taking into account their estimated residual values: Expected useful life Computer and office equipment 5 years Expenditure for repairs and maintenance is expensed as incurred. When assets have retired or sold, the cost and related accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in the results of operations. ● Goodwill In accordance with ASC 350 Intangible and Other Assets ● Intangible assets Intangible assets represented the acquired technology software, licensed technology know-how, trademark and trade names for its internal use to facilitate and support its platform operation. They are stated at the purchase cost and are amortized based on their economic benefit expected to be realized. ● Produced content cost Capitalized content costs are recognized as “Produced content cost” in the consolidated balance sheets. The concept of “predominant monetization strategy” to classify capitalized content costs for purposes of amortization and impairment as follows: Individual Lifetime value is predominantly derived from third-party revenues that are directly attributable to the specific film or television title (e.g. theatrical revenues or sales to third-party television programmers). Group Lifetime value is predominantly derived from third-party revenues that are attributable only to a bundle of titles (e.g. subscription revenue). Production costs for content that is predominantly monetized individually are amortized based upon the ratio of the current period’s revenues to the estimated remaining total revenues. Production costs that are predominantly monetized as a group are amortized based on projected usage (which may be, for example, derived from historical viewership patterns), typically resulting in an accelerated or straight-line amortization pattern. Participations and residuals are generally expensed in line with the pattern of usage. The costs of produced content are subject to regular recoverability assessments. For the content that is predominantly monetized individually, the unamortized costs are compared to the estimated fair value. The fair value will be determined based on a discounted cash flow analysis of the cash flows directly attributable to the title in accordance with ASC 926-20 Entertainment-Films ● Impairment of long-lived assets In accordance with the provisions of ASC 360, Impairment or Disposal of Long-Lived Assets ● Revenue recognition ASC 606, 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. Lending Business The Company is licensed to originate personal loan, company loan and mortgage loan in Hong Kong. During the years ended December 31, 2023 and 2022, the Company originated loans generally ranging from $644 to $579,000, with terms ranging from 1 week to 120 months. The Company mainly derives a portion of its revenue from loans which is specifically excluded from the scope of this standard, that is, interest on loan receivable is accrued monthly and credited to income as earned. Arts and Collectibles Technology Business The Company currently operates its online platform in the sale and distribution of arts and collectibles, with the use of blockchain technologies and minting tokens. The item of arts and collectibles is individually monetized as non-interchangeable unit of data stored on a blockchain, which is a form of digital ledger that can be sold, in the form of a minting token on the online platform. The Company involves with the following activities to earn its revenue in this segment: Sale of arts and collectibles products: The Company recognizes revenue derived from the sales of the arts and collectibles products when the Company has transferred the risks and rewards to the customers. The minted item of the individual art or collectibles which are sold and settled in digital assets is the only performance obligation under the fixed-fee arrangements. The corresponding fee income received upon each sale transaction is recorded as revenue, is recognized when the designated token, minted with the corresponding art and collectibles is delivered to the end user, together with the transfer of both digital and official title. Transaction fee income: The Company also generates revenue through transaction fees transacted on its platform or other marketplaces. The Company charges a fee to an individual customer at the secondary transaction level, which is allocated to the single performance obligation. The transaction fee is collected from the customer in digital assets, with revenue measured based on a certain percentage of the value of digital assets at the time the transaction is executed. The Company’s service is comprised of a single performance obligation to provide a platform facilitating the transfer of its DOTs. The Company considers its performance obligation satisfied, and recognizes revenue, at the point in time the transaction is processed. In this segment, the transaction consideration that the Company receives is a non-cash consideration in the form of digital assets, which are cryptocurrencies. The Company measures the related cryptocurrencies at fair value on the date received, and the revenue is immediately recognized upon the performance obligation is satisfied. 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 Arts and Collectibles Technology Business, such as minting cost and purchase cost of collectibles and artworks are also recorded as cost of revenues. The following table shows the types of revenue from contracts with customers and the number of the underlying transactions: Years ended December 31, 2023 2022 Sale of arts and collectibles products $ 618,197 $ 5,508,675 Transaction fee income and others - 8,550,375 $ 618,197 $ 14,059,050 Numbers of transactions: Number of arts and collectibles sold 13 65 Number of secondary platform transactions - 767 ● Leases At the inception of an arrangement, the Company determines whether the arrangement is or contains a lease based on the unique facts and circumstances present. Leases with a term greater than one year are recognized on the balance sheet as right-of-use assets, lease liabilities and long-term lease liabilities. The Company has elected not to recognize on the balance sheet leases with terms of one year or less. Operating lease liabilities and their corresponding right-of-use assets are recorded based on the present value of lease payments over the expected remaining lease term. However, certain adjustments to the right-of-use assets may be required for items such as prepaid or accrued lease payments. The interest rate implicit in lease contracts is typically not readily determinable. As a result, the Company utilizes its incremental borrowing rates, which are the rates incurred to borrow on a collateralized basis over a similar term an amount equal to the lease payments in a similar economic environment. In accordance with the guidance in ASC 842, components of a lease should be split into three categories: lease components (e.g. land, building, etc.), non-lease components (e.g. common area maintenance, consumables, etc.), and non-components (e.g. property taxes, insurance, etc.). Subsequently, the fixed and in-substance fixed contract consideration (including any related to non-components) must be allocated based on the respective relative fair values to the lease components and non-lease components. The Company made the policy election to not separate lease and non-lease components. Each lease component and the related non-lease components are accounted for together as a single component. ● 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, 2023 and 2022. ● 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 has operations in Hong Kong and Singapore and maintains the books and record in the local currency, Hong Kong Dollars (“HKD”) and Singapore Dollars (“SGD”), 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 subsidiary whose functional currency is not US$ are translated into US$, in accordance with ASC 830-30, Translation of Financial Statement Translation of amounts from HKD and SGD into US$ has been made at the following exchange rates for the following periods:- December 31, 2023 December 31, 2022 Year-end HKD:US$ exchange rate 0.1281 0.1281 Annualized average HKD:US$ exchange rate 0.1277 0.1277 December 31, 2023 December 31, 2022 Year-end SGD:US$ exchange rate 0.7575 0.7450 Annualized average SGD:US$ exchange rate 0.7445 0.7254 ● Comprehensive income ASC 220, Comprehensive Income ● Net loss per share The Company calculates net loss per share in accordance with ASC 260, Earnings per Share ● Stock based compensation Pursuant to ASU 2018-07, the Company follows ASC 718, Compensation—Stock Compensation (“ASC 718”), which requires the measurement and recognition of compensation expense for all share-based payment awards (employee or non-employee), are measured at grant-date fair value of the equity instruments that an entity is obligated to issue. Restricted stock units are valued using the market price of the Company’s common shares on the date of grant. The Company uses a Black-Scholes option model to estimate the fair value of employee stock options at the date of grant. As of December 31, 2023, those shares issued and stock options granted for service compensations were immediately vested, and therefore these amounts are thus recognized as expense in the operation. ● 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 are provided. The Company also recognizes long service payments to be made by the Company to its employees upon the termination of services as a defined benefit plan under post-employment benefits. The cost of providing benefits is measured using projected unit credit method with actuarial valuations to determine its present value and service cost. When the calculation results in a benefit to the Company, the recognized assets limited to lower of the present value of economic benefits available in the form of any future refunds from the plan or reductions in future contributions to the plan and the asset ceiling. The net defined benefit liabilities recognized in the statement of financial position represent the present value of the obligation under defined benefit plan minus the fair value of plan assets. The Company carried out comprehensive actuarial valuation at the end of reporting period. The remeasurement of the net defined benefit liabilities during a period are recognized as cost of defined benefit plan during the period. ● Related parties The Company follows the ASC 850-10, Related Party 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, Commitments 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 ASC 825-10-50-10 (“ASC 825”) for disclosures about fair value of its financial instruments and has adopted ASC 820-10-35- to measure the fair value of its financial instruments. ASC 825 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, ASC 825 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 ASC 825 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, loan and fee receivable, prepayments and other receivables, amounts due from related parties, accrued liabilities and other payables, loans payable, amounts due to related parties approximate their fair values because of the short maturity of these instruments. ● Recent accounting pronouncements From time to time, new accounting pronouncements are issued by the Financial Accounting Standard Board (“FASB”) or other standard setting bodies and adopted by the Company as of the specified effective date. The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and do 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, 2023
Going Concern Uncertainties [Abstract]
GOING CONCERN UNCERTAINTIES	NOTE 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 reported the continuous loss of $77,391,995 for the year ended December 31, 2023 and had an accumulated deficit of $205,499,215 at December 31, 2023. In addition, with respect to the ongoing and evolving coronavirus (COVID-19) outbreak, which was designated as a pandemic by the World Health Organization on March 11, 2021, the outbreak has caused substantial disruption in international economies and global trades and if repercussions of the outbreak are prolonged, could have a significant adverse impact on the Company’s business. The continuation of the Company as a going concern in the next twelve months is dependent upon the continued financial support from its stockholders. 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. The recent outbreak of COVID-19, which has been declared by the World Health Organization to be a pandemic, has spread across the globe and is impacting worldwide economic activity. The COVID-19 pandemic has significantly impacted health and economic conditions throughout the Asian region. National, regional and local governments took a variety of actions to contain the spread of COVID-19, including office and store closures, quarantining suspected COVID-19 patients, and capacity limitations. These developments have significantly impacted the results of operations, financial condition and cash flows of the Company included in this reporting. The impact included the difficulties of working remotely from home including slow Internet connection, the inability of our accounting and financial officers to collaborate as effectively as they would otherwise have in an office environment and issues arising from mandatory state quarantines. While it is not possible at this time to estimate with sufficient certainty the impact that COVID-19 could have on the Company’s business, the continued spread of COVID-19 and the measures taken by federal, state, local and foreign governments could disrupt the operation of the Company’s business. The COVID-19 outbreak and mitigation measures have also had and may continue to have an adverse impact on global and domestic economic conditions, which could have an adverse effect on the Company’s business and financial condition, including on its potential to conduct financings on terms acceptable to the Company, if at all, and the increase of non-performing loans. In addition, the Company has taken temporary precautionary measures intended to help minimize the risk of the virus to its employees, including temporarily requiring employees to work remotely, and discouraging employee attendance at in-person work-related meetings, which could negatively affect the Company’s business. These measures are continuing. The extent to which the COVID-19 outbreak impacts the Company’s results will depend on future developments that are highly uncertain and unpredicted, including new changes and variants that may emerge concerning the severity of the virus and the actions to contain its impact.

Disaggregation of Revenue

Disaggregation of Revenue	12 Months Ended
	Dec. 31, 2023
Disaggregation of Revenue [Abstract]
DISAGGREGATION OF REVENUE	NOTE 4 - DISAGGREGATION OF REVENUE The following is a disaggregation of the Company’s operating revenue by major source for the respective years:- Years ended December 31, 2023 2022 Interest income (from discontinued operation) $ 3,102,101 $ 6,550,670 ACT income: - Sale of arts and collectibles products 618,197 5,508,675 - Transaction fee income and others - 8,550,375 618,197 14,059,050 $ 3,720,298 $ 20,609,720

Business Segment Information

Business Segment Information	12 Months Ended
	Dec. 31, 2023
Business Segment Information [Abstract]
BUSINESS SEGMENT INFORMATION	NOTE 5 - BUSINESS SEGMENT INFORMATION Currently, the Company has two reportable business segments: (i) Lending Segment, mainly provides financing and lending services; and (ii) Arts and Collectibles Technology (“ACT”) Segment, mainly operates an online platform to sell and distribute the arts and collectibles to end-users, with the use of blockchain technologies and minting tokens. The table also includes a reconciliation of the disaggregated revenue with the reportable segments. Year Ended December 31, 2023 Lending (discontinued operation) ACT Total Revenue from external customers: Interest income $ 3,102,101 $ - $ 3,102,101 Arts and collectibles technology income - 618,197 618,197 Total revenue, net 3,102,101 618,197 3,720,298 Cost of revenue: Interest expense (94,843 ) - (94,843 ) Arts and collectibles technology expense - (386,157 ) (386,157 ) Total cost of revenue (94,843 ) (386,157 ) (481,000 ) Gross profit 3,007,258 232,040 3,239,298 Operating Expenses Sales and marketing (119,377 ) (1,706,772 ) (1,826,149 ) Corporate development - (867,193 ) (867,193 ) Technology and development - (3,694,807 ) (3,694,807 ) General and administrative (5,075,640 ) (19,427,301 ) (24,502,941 ) Total operating expenses (5,195,017 ) (25,696,073 ) (30,891,090 ) Segment loss (2,187,759 ) (25,464,033 ) (27,651,792 ) Year Ended December 31, 2022 Lending Segment (discontinued operation) ACT Segment Total Revenue from external customers: Interest income $ 6,550,670 $ - $ 6,550,670 Arts and collectibles technology income - 14,059,050 14,059,050 Total revenue, net 6,550,670 14,059,050 20,609,720 Cost of revenue: Interest expense (405,972 ) - (405,972 ) Arts and collectibles technology expense - (3,019,794 ) (3,019,794 ) Total cost of revenue (405,972 ) (3,019,794 ) (3,425,766 ) Gross profit 6,144,698 11,039,256 17,183,954 Operating Expenses Sales and marketing (273,934 ) (27,097,615 ) (27,371,549 ) Corporate development - (26,898,128 ) (26,898,128 ) Technology and development - (43,301,993 ) (43,301,993 ) General and administrative (6,740,650 ) (9,911,316 ) (16,651,966 ) Total operating expenses (7,014,584 ) (107,209,052 ) (114,223,636 ) Segment loss (869,886 ) (96,169,796 ) (97,039,682 ) As of December 31, 2023 Lending ACT Total Segment assets $ 6,803,037 $ 11,851,952 $ 18,654,989 As of December 31, 2022 Lending Segment ACT Segment Total Segment assets $ 24,322,240 $ 14,787,682 $ 39,109,922 The below revenues are based on the countries in which the customer is located. Summarized financial information concerning the geographic segments is shown in the following tables: Years ended December 31, 2023 2022 Hong Kong $ 3,102,101 $ 6,550,670 Around the world # 618,197 14,059,050 $ 3,720,298 $ 20,609,720 # the customers in ACT segment are located in various countries around the world, in which the location of individual customer is not identifiable in the use of blockchain technology.

Loan Receivables

Loan Receivables	12 Months Ended
	Dec. 31, 2023
Loan Receivables [Abstract]
LOAN RECEIVABLES	NOTE 6 - LOAN RECEIVABLES The Company’s loan portfolio was as follows:- As of December 31, 2023 2022 Personal loans $       - $ 19,960,400 Commercial loans - 1,095,772 Mortgage loans - 2,651,781 Total loans - 23,707,953 Less: Allowance for loan losses - (2,849,954 ) Loans receivables, net $ - 20,857,999 Less: Loans receivables, net – discontinued operations - (20,857,999 ) Loans receivables, net – continuing operations - - Reclassifying as: Current portion – discontinued operations $ - $ 17,757,942 Non-current portion – discontinued operations - 3,100,057 Total loans receivables – discontinued operations $ - $ 20,857,999 The interest rates on loans issued were ranged from 13% to 59% (2022: from 13% to 59%) per annum for the year ended December 31, 2023. All loans are made to either business or individual customers in Hong Kong for a period of 1 week to 120 months. Allowance for loan losses is estimated on an annual basis based on an assessment of specific evidence indicating doubtful collection, historical experience, loan balance aging and prevailing economic conditions. Interest on loan receivable is accrued and credited to income as earned. The Company determines a loan’s past due status by the number of days that have elapsed since a borrower has failed to make a contractual loan payment. Accrual of interest is generally discontinued when either (i) reasonable doubt exists as to the full, timely collection of interest or principal or (ii) when a loan becomes past due by more than 180 days (The further extension of loan past due status is subject to management final approval and on case-by-case basis). The following table presents the activity in the allowance for loan losses from discontinued operations as of and for the years ended December 31, 2023 and 2022: December 31, December 31, Balance at Beginning of Year $ 3,360,931 $ 781,202 Provisions - 2,580,790 Foreign translation adjustment - (1,061 ) Less: Discontinued operations (3,360,931 ) - Balance at End of Year $ - $ 3,360,931 For the years ended December 31, 2023 and 2022, the Company had $0 and $2,580,790 provision for the allowance of loan losses from discontinued operations. Allowance for loan losses is estimated and evaluated quarterly, based on an assessment of specific evidence indicating doubtful collection, historical experience, loan balance aging and prevailing economic conditions. AGE ANALYSIS LOANS BY CLASS All classes of loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Interest and fees continue to accrue on past due loans until the date the loan is placed in nonaccrual status, if applicable. The following table includes an aging analysis of loans as of the dates indicated. Also included in the table below are loans that are 90 days or more past due as to interest and principal and still accruing interest, because they are well-secured and in the process of collection. Age Analysis of Loans by Class Maturities Mortgage Commercial Personal December 31, Mortgage Commercial Personal December 31, $ $ $ $ $ $ $ $ Within credit term - - - - 2,056,706 588,913 13,801,711 16,447,330 Past due: 30-59 days - - - - - - - - 60-89 days - - - - - - - - 90 or more days due and still accruing - - - - - - - - Nonaccrual - - - - 595,075 506,859 6,158,689 7,260,623 Total loans - - - - 2,651,781 1,095,772 19,960,400 23,707,953 LOAN MATURITY BY CLASS The following table presents the maturities of loan balances for the years presented: Maturities Mortgage Commercial Personal December 31, Mortgage Commercial Personal December 31, $ $ $ $ $ $ $ $ Within 1 year - - - - 2,016,283 839,618 17,858,349 20,714,250 1-5 years - - - - 165,119 256,154 2,102,051 2,523,324 5-10 years - - - - 470,379 - - 470,379 More than 10 years - - - - - - - - Total loans - - - - 2,651,781 1,095,772 19,960,400 23,707,953 Interest on loans receivable is accrued and credited to income as earned. The Company determines a loan’s past due status by the number of days that have elapsed since a borrower has failed to make a contractual loan payment. Accrual of interest is generally discontinued when either (i) reasonable doubt exists as to the full, timely collection of interest or principal or (ii) when a loan becomes past due by more than 180 days (The further extension of loan past due status is subject to management final approval and on case-by-case basis). CREDIT QUALITY INFORMATION The Company uses internally-assigned risk grades to estimate the capability of borrowers to repay the contractual obligations of their loan agreements as scheduled or at all. The Company’s internal risk grade system is based on experiences with similarly graded loans and the assessment of borrower credit quality, such as, credit risk scores, collateral and collection history. Individual credit scores are assessed by credit bureau, such as TransUnion. Internal risk grade ratings reflect the credit quality of the borrower, as well as the value of collateral held as security. The Company requires collateral arrangements to all mortgage loans and has policies and procedures for validating the reasonableness of the collateral valuations on a regular basis. Management believes that these policies effectively manage the credit risk from advances. The Company’s internally assigned risk grades are as follows: Pass: Other Assets Especially Mentioned (OAEM): Substandard: Doubtful: Loss: The following table presents credit quality exposures by internally assigned risk ratings as of the dates indicated: Credit grades Mortgage Commercial loan Personal loan December 31, Mortgage Commercial loan Personal December 31, $ $ $ $ $ $ $ $ Other assets especially mentioned - - - - 2,054,969 588,906 13,818,114 16,461,989 Substandard - - - - 58,245 - 595,297 653,542 Doubtful - - - - 538,567 506,866 5,546,989 6,592,422 Loss - - - - - - - - Total loans - - - - 2,651,781 1,095,772 19,960,400 23,707,953

Inventories

Inventories	12 Months Ended
	Dec. 31, 2023
Inventory Disclosure [Abstract]
INVENTORIES	NOTE 7 - INVENTORIES A summary of inventories as of December 31, 2023 and 2022 is as follows: As of December 31, 2023 No. of No. of art and Total Balance at January 1, 2023 8 69 $ 1,164,887 Purchased - 13 397,089 Sold - (13 ) 397,089 Balance at December 31, 2023 8 69 $ 1,116,086 As of December 31, 2022 No. of No. of art and Total Balance at January 1, 2022 7 45 $ 2,103,038 Purchased - 100 2,027,667 Token minted 41 - Sold (40 ) (76 ) (2,965,818 ) Balance at December 31, 2022 8 69 $ 1,164,887

Produced Content Cost

Produced Content Cost	12 Months Ended
	Dec. 31, 2023
Produced Content Cost [Abstract]
PRODUCED CONTENT COST	NOTE 8 - PRODUCED CONTENT COST Total capitalized produced content by predominant monetization strategy as of December 31, 2023 and 2022 is as follows: December 31, 2023 December 31, Produced content: Released, net of amortization $ - $ - Completed, not released - - In-process - 611,529 Less: impairment loss - (611,529 ) $ - $ - The produced content cost is not amortized as of December 31, 2023 as the production of the film is still in process. At December 31, 2023, the Company made a full impairment to the capitalized produced content cost.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2023
Property and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 9 - PROPERTY AND EQUIPMENT A summary of property and equipment at December 31, 2023 and 2022 is as follows: As of December 31, 2023 2022 Computer equipment $ 3,328 $ 109,727 Less: accumulated depreciation (1,997 ) (52,640 ) Property and equipment, net 1,331 57,087 Less: Property and equipment, net – discontinued operations - (54,924 ) Property and equipment, net – continuing operations $ 1,331 $ 2,163 Depreciation expense from continuing operations for the year ended December 31, 2023 and 2022 totalled $829 and $3,194, respectively. Depreciation expense from discontinued operations for the year ended December 31, 2023 and 2022 totalled $2,918 and $4,346, respectively. At December 31, 2023, the Company recognized a full impairment charge to property and equipment of discontinued operations.

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2023
Intangible Assets, Net [Abstract]
INTANGIBLE ASSETS	NOTE 10 - INTANGIBLE ASSETS A summary of intangible assets at December 31, 2023 and 2022 is as follows: Estimated As of December 31, useful life 2023 2022 At cost: Acquired technology software 5 years $ 17,344,690 $ 17,344,690 Trademarks and trade name 10 years 39,415 39,270 Less: accumulated amortization (7,445,312 ) (4,052,889 ) Foreign translation adjustment (71,740 ) 8,356 Intangible assets, net – continuing operations $ 9,867,053 $ 13,339,427 As of December 31, 2023, the estimated amortization expense for intangible assets for each of the succeeding five years and thereafter is as follows: Year ending December 31: Amount 2024 $ 3,473,722 2025 3,473,722 2026 2,895,613 2027 4,824 2028 4,824 Thereafter 14,248 $ 9,867,053 Amortization of intangible assets from continuing operations for the years ended December 31, 2023 and 2022 totaled $3,392,423 and $3,931,641, respectively.

Loan Payables

Loan Payables	12 Months Ended
	Dec. 31, 2023
Loan Payables [Abstract]
LOAN PAYABLES	NOTE 11 - LOAN PAYABLES The amounts represented temporary advances received from the third parties for the lending business, which carried annual interest at the rate of 18% to 21%. These amounts were unsecured and will become repayable within one year. The loan payable balance from discontinued operations was $0 and $1,823,536 as of December 31, 2023 and December 31, 2022, respectively. Interest related to the loan payables from discontinued operations was $151,777 and $405,972 for the years ended December 31, 2023 and 2022, respectively.

Amounts Due to Related Parties

Amounts Due to Related Parties	12 Months Ended
	Dec. 31, 2023
Amounts Due to Related Parties [Abstract]
AMOUNTS DUE TO RELATED PARTIES	NOTE 12 - AMOUNTS DUE TO RELATED PARTIES The amounts represented temporary advances to the Company for the lending business, which were unsecured, interest-free and had no fixed terms of repayments. The related party balances from continuing operations were $6,661,107 and $5,844,420 as of December 31, 2023 and December 31, 2022, respectively. The related party balances from discontinued operations were $0 and $18,086,658 as of December 31, 2023 and December 31, 2022, respectively. During the year ended December 31, 2023, the Company recorded and imputed additional non-cash interest from discontinued operations of $461,477 at the market rate of 5% per annum on these interest-free related party loans, under ASC 835-30 “ Imputation of Interest”.

Leases

Leases	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
LEASES	NOTE 13 - LEASES The Company entered into operating leases primarily for office premises with lease terms generally 2 years. The Company adopted Topic 842, using the modified-retrospective approach as discussed in Note 2, and as a result, recognized a right-of-use asset and a lease liability. The Company uses a 5% rate to determine the present value of the lease payments. The remaining life of the lease was one year. The Company excludes short-term leases (those with lease terms of less than one year at inception) from the measurement of lease liabilities or right-of-use assets. As of December 31, 2023, right-of-use assets from discontinued operations were $0 and lease liabilities were $0\. As of December 31, 2022, right-of-use assets from discontinued operations were $160,945 and lease liabilities were $166,525. For the years ended December 31, 2023 and 2022, the Company charged to operating lease from discontinued operations as expenses of $89,745 and $43,438, respectively.

Convertibles Note Payables

Convertibles Note Payables	12 Months Ended
	Dec. 31, 2023
Convertibles Note Payables [Abstract]
CONVERTIBLES NOTE PAYABLES	NOTE 14 - CONVERTIBLES NOTE PAYABLES Securities purchase agreement and related convertible note Chan Hin Yip Note On August 2, 2022, the Company entered into a Sale and Purchase Agreement (“SPA”) with CHAN Hin Yip, pursuant to which the Company agreed to purchase approximately 58 collectible items from Mr. Chan for a purchase price of HKD1,305,000 On August 2, 2022, the Company and Mr. Chan entered into a Note Purchase Agreement (“Chan Hin Yip Note”) pursuant to which the Company agreed to pay the Purchase Price via a promissory note that will be converted into shares of the Company’s common stock at a conversion price equal to 90% of the volume weighted average closing price of the Company’s common stock for the ten days immediately prior to February 2, 2023. The Chan Hin Yip Note bears interest at 1% per annum and is due on February 2, 2023. Root Ventures Note On November 11, 2022, the Company and Root Ventures, LLC (“Root Ventures”) entered into a Securities Purchase Agreement, whereby the Company issued a promissory note to Root Ventures (“Root Ventures Note”) in the original principal amount of $33,000. The Root Ventures Note is convertible into shares of the common stock of the Company one hundred eighty (180) days following the date of funding at a price equal to 60% of the average of two (2) lowest trading price of the Company’s common stock for the fifteen (15) trading days prior to conversion. The Root Ventures Note bears interest at 10% per annum and is due on November 10, 2023. 1800 Diagonal Note On August 26, 2022, the Company and 1800 Diagonal Lending LLC (“1800 Diagonal”) entered into a Securities Purchase Agreement, whereby the Company issued a promissory note to 1800 Diagonal (“1800 Diagonal Note”) in the original principal amount of $89,250. The 1800 Diagonal Note is convertible into shares of the common stock of the Company one hundred eighty (180) days following the date of funding at a price equal to 65% of the average of two (2) lowest trading price of the Company’s common stock for the twenty (20) trading days prior to conversion. The Company has the option to prepay the 1800 Diagonal Note by paying an amount equal to the then outstanding amount multiplied by premium percentage during the first one hundred eighty (180) days. The 1800 Diagonal Note bears interest at 8% per annum and is due on August 26, 2023. As of December 31, 2023, the Company did not prepay the convertible note payables and accrued convertible notes interest expense of $197,792 and $22,788, respectively.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2023
Stock Based Compensation [Abstract]
STOCK-BASED COMPANESATION	NOTE 15 - STOCK-BASED COMPENSATION On May 19, 2022, the Company filed a Registration Statement on Form S-8 and includes a Reoffer Prospectus that the Reoffer Prospectus may be used for reoffers and resales of shares of the Company. The Reoffer Prospectus covers the Shares issuable to the Selling Securityholders pursuant to awards granted to the Selling Securityholders under the Coinllectibles Inc. 2022 Stock Incentive Plan. The Company will not receive any proceeds from the sale of the shares offered by the Reoffer Prospectus. As of December 31, 2023, there were 1,017,926,772 shares of the Company have been issued to consultants who have provided services to the Company. The following table presents the stock-based compensation expenses for shares granted consultants during the three and nine months ended December 31, 2023 and 2022: Years ended December 31, 2023 2022 Corporate development expenses $ - $ 26,177,743 Technology and development expenses - 32,447,000 Sales and marketing expenses - 26,419,645 General and administrative expenses 17,765,480 4,201,701 $ 17,765,480 $ 89,246,089

Stockholders_ Deficit

Stockholders’ Deficit	12 Months Ended
	Dec. 31, 2023
Stockholders Equity [Abstract]
STOCKHOLDERS’ DEFICIT	NOTE 16 - STOCKHOLDERS’ DEFICIT Authorized stock The Company’s authorized share is 5,000,000,000 common shares with a par value of $0.001. Common stock outstanding During the year ended December 31, 2023, the Company issued 1,017,926,772 shares of its common stock to consultants who have provided services to the Company under the Coinllectibles Inc. 2022 Stock Incentive Plan. The stock-based compensation expenses for shares granted consultants during the years ended December 31, 2023 and 2022 were $17,765,480 and $4,201,701, respectively. As of December 31, 2023 and 2022, the Company had a total of 1,931,024,294 shares and 454,398,143 shares of its common stock issued and outstanding, respectively.

Net Loss Per Share

Net Loss Per Share	12 Months Ended
	Dec. 31, 2023
Net Loss Per Share [Abstract]
NET LOSS PER SHARE	NOTE 17 - NET LOSS PER SHARE The following table sets forth the computation of basic and diluted net loss per share for the respective years: Years ended December 31, 2023 2022 Net loss attributable to the Company $ (77,340,763 ) $ (101,670,743 ) Weighted average common shares: - Basic 1,341,825,986 374,086,727 - Diluted 1,341,825,986 374,086,727 Net loss per share: - Basic $ (0.06 ) $ (0.27 ) - Diluted $ (0.06 ) $ (0.27 ) For the years ended December 31, 2023 and 2022, 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, 2023
Income Tax [Abstract]
INCOME TAX	NOTE 18 - INCOME TAX For the years ended December 31, 2023 and 2022, the local (“United States of America”) and foreign components of loss before income taxes were comprised of the following: Years ended December 31, 2023 2022 Tax jurisdiction from: - Local $ (529,748 ) $ (490,152 ) - Foreign, including British Virgin Islands (“BVI”) (17,319,689 ) (5,203,746 ) Singapore (81,705 ) (90,145,335 ) Hong Kong – continuing operations (51,177,433 ) (2,460,084 ) Hong Kong – discontinued operations (133,908 ) 1,225,375 Loss before income taxes $ (69,242,483 ) $ (97,073,942 ) The provision for income taxes consisted of the following: Years ended December 31, 2023 2022 Current tax: $ - $ - - Local - - - Foreign – continuing operations - 3,303 - Foreign – discontinued operations 355,910 296,411 Deferred tax - Local - - - Foreign - - Income tax expense $ 355,910 $ 299,714 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 mainly operates in Singapore and Hong Kong that is subject to taxes in the jurisdictions in which they operate, as follows: United States of America COSG is registered in the State of Delaware 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, 2023 and 2022, there were no operating incomes in US tax regime. BVI Under the current BVI law, the Company’s subsidiaries registered in BVI are not subject to tax on income. Republic of Singapore The Company’s subsidiary is registered in Republic of Singapore and is subject to the Singapore corporate income tax at a standard income tax rate of 17% on the assessable income arising in Singapore during its tax year. For the year ended December 31, 2023, the operation in the Singapore incurred $10,011,585 of cumulative net operating losses which can be carried forward to offset future taxable income. The net operating loss carryforward has no expiration. The Company has provided for a full valuation allowance against the deferred tax assets of $1,701,969 on the expected future tax benefits from the net operating loss (“NOL”) carryforward as the management believes it is more likely than not that these assets will not be realized in the future. Years ended December 31, 2023 2022 Loss before income taxes $ (81,705 ) $ (90,145,335 ) Statutory income tax rate 17 % 17 % Income tax expense at statutory rate (13,890 ) (15,324,707 ) Net operating loss 13,890 15,324,707 Income tax expense $ - $ - Hong Kong The Company’s subsidiaries operating in Hong Kong are 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 year, 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, 2023 and 2022 is as follows: Years ended December 31, 2023 2022 (Loss) income before income taxes $ (51,311,341 ) $ (1,234,709 ) Statutory income tax rate 16.5 % 16.5 % Income tax (benefit) expense at statutory rate (8,466,371 ) (203,727 ) Tax effect of non-deductible items 378,394 498,132 Tax effect of non-taxable items - (7,710 ) Net operating loss 8,443,888 13,019 Income tax expense 355,910 299,714 Income tax expense – discontinued operations (355,910 ) (296,411 ) Income tax expense – continuing operations $ - $ 3,303 The following table sets forth the significant components of the deferred tax assets of the Company: As of December 31, 2023 2022 Deferred tax assets: Net operating loss carryforward, from US tax regime $ 111,247 $ 102,932 Singapore tax regime 13,890 15,324,707 Hong Kong tax regime 8,443,888 13,019 Less: valuation allowance (8,569,025 ) (15,440,658 ) Deferred tax assets, net $ - $ -

Pension Costs

Pension Costs	12 Months Ended
	Dec. 31, 2023
Pension Costs [Abstract]
PENSION COSTS	NOTE 19 - PENSION COSTS The Company is required to make contribution to their employees under a government-mandated defined contribution pension scheme for its eligible full-times employees in Hong Kong and Singapore. The Company is required to contribute a specified percentage of the participants’ relevant income based on their ages and wages level. During the years ended December 31, 2023 and 2022, $19,885 and $35,618 contributions from discontinued operations were made accordingly.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 20 - RELATED PARTY TRANSACTIONS From time to time, the directors of the Company advanced funds to the Company for working capital purpose. Those advances were unsecured, non-interest bearing and had no fixed terms of repayment. During the year ended December 31, 2023 and 2022, the Company paid the management service fee of $0 and $2,746,911, to a company controlled by its major shareholder and former director, Dr. Lee. During the year ended December 31, 2023 and 2022, the Company paid the director fee of $96,000 and $90,000 to Mr. Tan, a director of the Company, for his service to the Company’s subsidiary. 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, 2023
Concentrations of Risk [Abstract]
CONCENTRATIONS OF RISK	NOTE 21 - CONCENTRATIONS OF RISK The Company is exposed to the following concentrations of risk: (a) Major customers For the years ended December 31, 2023 and 2022, there was no single customer whose revenue exceeded 10% of the revenue. (b) Economic and political risk The Company’s major operations are conducted in Singapore and Hong Kong. Accordingly, the political, economic, and legal environments in Singapore and Hong Kong, as well as the general state of Singapore and Hong Kong’s economy 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 converted to US$ on that date. The exchange rate could fluctuate depending on changes in political and economic environments without notice.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 22 - COMMITMENTS AND CONTINGENCIES As of December 31, 2023, the Company has no material commitments or contingencies. On December 31, 2021, the Company entered into an Equity Purchase Agreement with Williamsburg Venture Holdings, LLC, a Nevada limited liability company (“Investor”), pursuant to which the Investor agreed to invest up to Thirty Million Dollars ($30,000,000) over a 36-month period in accordance with the terms and conditions of that certain Equity Purchase Agreement, dated as of December 31, 2021, by and between the Company and the Investor (the “Equity Purchase Agreement”). During the term, the Company shall be entitled to put to the Investor, and the Investor shall be obligated to purchase, such number of shares of the Company’s common stock and at such price as are determined in accordance with the Equity Purchase Agreement. The per share purchase price for the Williamsburg Put Shares will be equal to 88% the lowest traded price of the Common Stock on the principal market during the five (5) consecutive trading days immediately preceding the date which Williamsburg received the Williamsburg Put Shares as DWAC Shares in its brokerage account (as reported by Bloomberg Finance L.P., Quotestream, or other reputable source). In connection with the Equity Purchase Agreement, both parties also entered into a Registration Rights Agreement (the “Registration Rights Agreement”) pursuant to which the Company agreed to register with the SEC the common stock issuable under the Equity Purchase Agreement, among other securities. As of December 31, 2023, the remaining balance for Equity Purchase from the Investor was $30,000,000.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 23 - SUBSEQUENT EVENTS In accordance with ASC Topic 855, “ Subsequent Events

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ (77,340,763)	$ (101,670,743)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2023
Summary of Significant 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 year include the goodwill, impairment loss on digital assets, valuation and useful lives of intangible assets and property and equipment and deferred tax valuation allowance.
Basis of consolidation	● Basis of consolidation The consolidated financial statements include the accounts of COSG and its subsidiaries. All significant inter-company balances and transactions within the Company have been eliminated upon consolidation.
Noncontrolling interest	● Noncontrolling interest The Company accounts for noncontrolling interest in accordance with Accounting Standard Codification (“ASC”) 810-10-45, which requires the Company to present noncontrolling interests as a separate component of total shareholders’ equity on the consolidated balance sheets and the consolidated net loss attributable to its noncontrolling interest be clearly identified and presented on the face of the consolidated statements of operations and comprehensive loss.
Business combination	● Business combination The Company allocates the fair value of purchase consideration to the tangible assets acquired, liabilities assumed and intangible assets acquired based on their estimated fair values. The excess of the fair value of purchase consideration over the fair values of these identifiable assets and liabilities is recorded as goodwill to reporting units based on the expected benefit from the business combination. Allocation of purchase consideration to identifiable assets and liabilities affects the amortization expense, as acquired finite-lived intangible assets are amortized over the useful life, whereas any indefinite-lived intangible assets, including goodwill, are not amortized. During the measurement period, which is not to exceed one year from the acquisition date, we record adjustments to the assets acquired and liabilities assumed, with the corresponding offset to goodwill. Upon the conclusion of the measurement period, any subsequent adjustments are recorded to earnings. Acquisition-related expenses are recognized separately from business combinations and are expensed as incurred.
Segment reporting	● Segment reporting ASC 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.
Inventories	● Inventories Inventories are stated at the lower of cost (first-in, first-out method) or net realizable value. The cost includes the purchase cost of arts and collectibles from related party and independent artists and the costs associated with token minting for collectible pieces. The Company will reduce inventory on hand to its net realizable value on an item-by-item basis when it is apparent that the expected realizable value of an inventory item falls below its original cost. A charge to cost of sales results when the estimated net realizable value of specific inventory items declines below cost. Management regularly reviews the Company’s inventories for such declines in value. Although inventories are classified as current assets in the accompanying balance sheets, the Company anticipates that certain inventories will be sold beyond twelve months from December 31, 2023.
Digital assets	● Digital assets The Company’s digital assets mainly represent the cryptocurrencies held in its e-wallet. The Company accounts for its digital assets in accordance with ASC 350, General Intangibles Other Than Goodwill Digital Assets held by the Company are included in current assets in the consolidated balance sheets, as follows:- Cryptocurrencies - Tether USDT - Okipad OKI - Ethereum ETH - Binance Coin BNB - Binance USD BUSD - Colligo Token COTK - Polygon MATIC Due to the lack of authoritative GAAP guidance, the Company has determined its Digital Assets to be akin to intangible assets and are accounted in such manner. As intangible assets, Digital Assets are initially measured at cost. Since there is no limit on the useful life of the Company’s cryptocurrency coins and tokens, they are classified as indefinite-lived intangible assets. ASC 350 requires assets to be measured based on the fair value of the consideration given or the fair value of the assets (or net assets) acquired, whichever is more clearly evident and, thus, more reliably measurable. Accordingly, if the fair market value at any point during the reporting period is lower than the carrying value an impairment loss equal to the difference will be recognized in the consolidated statement of operations. If the fair market value at any point during the reporting period is higher than the carrying value, the basis of the digital assets will not be adjusted to account for this increase. Indefinite-lived intangible assets are not subject to amortization. Instead they are tested for impairment on an annual basis and more frequently if events or circumstances change that indicate that it’s more likely than not that the asset is impaired. As a result of the aforementioned, the Company will only recognize decreases in the value of its cryptocurrency coins and tokens, and any increase in value will be recognized upon disposition. Cryptocurrency coins and tokens are traded on exchanges in which there are observable prices in an active market, the Company views a decline in the quoted price below the cost to be an impairment indicator. The quoted price and observable prices of cryptocurrency coins and tokens, are determined by the Company using a principal market analysis in accordance with ASC 820, Fair Value Measurement Realized gain (loss) on sale of digital assets is included in other income (expense) in the consolidated statements of operations, while impairment loss of digital assets is included in operating expenses because of the nature of the assets. The Company’s cryptocurrencies are deemed to have an indefinite useful life; therefore amounts are not amortized, but rather are assessed for impairment.
Loan receivables, net	● Loan receivables, net Loans receivables are carried at unpaid principal balances, less the allowance for loan losses and charge-offs. The loans receivables portfolio consists of real estate mortgage loans, commercial and personal loans. Loans are placed on nonaccrual status when they are past due 180 days or more as to contractual obligations or when other circumstances indicate that collection is not probable. When a loan is placed on nonaccrual status, any interest accrued but not received is reversed against interest income. Payments received on a nonaccrual loan are either applied to protective advances, the outstanding principal balance or recorded as interest income, depending on an assessment of the ability to collect the loan. A nonaccrual loan may be restored to accrual status when principal and interest payments have been brought current and the loan has performed in accordance with its contractual terms for a reasonable period (generally six months). If the Company determines that a loan is impaired, the Company next determines the amount of the impairment. The amount of impairment on collateral dependent loans is charged off within the given fiscal quarter. Generally the amount of the loan and negative escrow in excess of the appraised value less estimated selling costs, for the fair value of collateral valuation method, is charged off. For all other loans, impairment is measured as described below in Allowance for Loan Losses.
Allowance for loan losses (“ALL”)	● Allowance for loan losses (“ALL”) The adequacy of the Company’s ALL is determined, in accordance with ASC 450-20 Loss Contingencies The ALL reflects management’s evaluation of the loans presenting identified loss potential, as well as the risk inherent in various components of the portfolio. There is significant judgment applied in estimating the ALL. These assumptions and estimates are susceptible to significant changes based on the current environment. Further, any change in the size of the loan portfolio or any of its components could necessitate an increase in the ALL even though there may not be a decline in credit quality or an increase in potential problem loans.
Property and equipment	● Property and equipment Property and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational and after taking into account their estimated residual values: Expected useful life Computer and office equipment 5 years Expenditure for repairs and maintenance is expensed as incurred. When assets have retired or sold, the cost and related accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in the results of operations.
Goodwill	● Goodwill In accordance with ASC 350 Intangible and Other Assets
Digital assets	● Intangible assets Intangible assets represented the acquired technology software, licensed technology know-how, trademark and trade names for its internal use to facilitate and support its platform operation. They are stated at the purchase cost and are amortized based on their economic benefit expected to be realized.
Produced content cost	● Produced content cost Capitalized content costs are recognized as “Produced content cost” in the consolidated balance sheets. The concept of “predominant monetization strategy” to classify capitalized content costs for purposes of amortization and impairment as follows: Individual Lifetime value is predominantly derived from third-party revenues that are directly attributable to the specific film or television title (e.g. theatrical revenues or sales to third-party television programmers). Group Lifetime value is predominantly derived from third-party revenues that are attributable only to a bundle of titles (e.g. subscription revenue). Production costs for content that is predominantly monetized individually are amortized based upon the ratio of the current period’s revenues to the estimated remaining total revenues. Production costs that are predominantly monetized as a group are amortized based on projected usage (which may be, for example, derived from historical viewership patterns), typically resulting in an accelerated or straight-line amortization pattern. Participations and residuals are generally expensed in line with the pattern of usage. The costs of produced content are subject to regular recoverability assessments. For the content that is predominantly monetized individually, the unamortized costs are compared to the estimated fair value. The fair value will be determined based on a discounted cash flow analysis of the cash flows directly attributable to the title in accordance with ASC 926-20 Entertainment-Films
Impairment of long-lived assets	● Impairment of long-lived assets In accordance with the provisions of ASC 360, Impairment or Disposal of Long-Lived Assets
Revenue recognition	● Revenue recognition ASC 606, 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. Lending Business The Company is licensed to originate personal loan, company loan and mortgage loan in Hong Kong. During the years ended December 31, 2023 and 2022, the Company originated loans generally ranging from $644 to $579,000, with terms ranging from 1 week to 120 months. The Company mainly derives a portion of its revenue from loans which is specifically excluded from the scope of this standard, that is, interest on loan receivable is accrued monthly and credited to income as earned. Arts and Collectibles Technology Business The Company currently operates its online platform in the sale and distribution of arts and collectibles, with the use of blockchain technologies and minting tokens. The item of arts and collectibles is individually monetized as non-interchangeable unit of data stored on a blockchain, which is a form of digital ledger that can be sold, in the form of a minting token on the online platform. The Company involves with the following activities to earn its revenue in this segment: Sale of arts and collectibles products: The Company recognizes revenue derived from the sales of the arts and collectibles products when the Company has transferred the risks and rewards to the customers. The minted item of the individual art or collectibles which are sold and settled in digital assets is the only performance obligation under the fixed-fee arrangements. The corresponding fee income received upon each sale transaction is recorded as revenue, is recognized when the designated token, minted with the corresponding art and collectibles is delivered to the end user, together with the transfer of both digital and official title. Transaction fee income: The Company also generates revenue through transaction fees transacted on its platform or other marketplaces. The Company charges a fee to an individual customer at the secondary transaction level, which is allocated to the single performance obligation. The transaction fee is collected from the customer in digital assets, with revenue measured based on a certain percentage of the value of digital assets at the time the transaction is executed. The Company’s service is comprised of a single performance obligation to provide a platform facilitating the transfer of its DOTs. The Company considers its performance obligation satisfied, and recognizes revenue, at the point in time the transaction is processed. In this segment, the transaction consideration that the Company receives is a non-cash consideration in the form of digital assets, which are cryptocurrencies. The Company measures the related cryptocurrencies at fair value on the date received, and the revenue is immediately recognized upon the performance obligation is satisfied. 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 Arts and Collectibles Technology Business, such as minting cost and purchase cost of collectibles and artworks are also recorded as cost of revenues. The following table shows the types of revenue from contracts with customers and the number of the underlying transactions: Years ended December 31, 2023 2022 Sale of arts and collectibles products $ 618,197 $ 5,508,675 Transaction fee income and others - 8,550,375 $ 618,197 $ 14,059,050 Numbers of transactions: Number of arts and collectibles sold 13 65 Number of secondary platform transactions - 767
Leases	● Leases At the inception of an arrangement, the Company determines whether the arrangement is or contains a lease based on the unique facts and circumstances present. Leases with a term greater than one year are recognized on the balance sheet as right-of-use assets, lease liabilities and long-term lease liabilities. The Company has elected not to recognize on the balance sheet leases with terms of one year or less. Operating lease liabilities and their corresponding right-of-use assets are recorded based on the present value of lease payments over the expected remaining lease term. However, certain adjustments to the right-of-use assets may be required for items such as prepaid or accrued lease payments. The interest rate implicit in lease contracts is typically not readily determinable. As a result, the Company utilizes its incremental borrowing rates, which are the rates incurred to borrow on a collateralized basis over a similar term an amount equal to the lease payments in a similar economic environment. In accordance with the guidance in ASC 842, components of a lease should be split into three categories: lease components (e.g. land, building, etc.), non-lease components (e.g. common area maintenance, consumables, etc.), and non-components (e.g. property taxes, insurance, etc.). Subsequently, the fixed and in-substance fixed contract consideration (including any related to non-components) must be allocated based on the respective relative fair values to the lease components and non-lease components. The Company made the policy election to not separate lease and non-lease components. Each lease component and the related non-lease components are accounted for together as a single component.
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, 2023 and 2022.
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 has operations in Hong Kong and Singapore and maintains the books and record in the local currency, Hong Kong Dollars (“HKD”) and Singapore Dollars (“SGD”), 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 subsidiary whose functional currency is not US$ are translated into US$, in accordance with ASC 830-30, Translation of Financial Statement Translation of amounts from HKD and SGD into US$ has been made at the following exchange rates for the following periods:- December 31, 2023 December 31, 2022 Year-end HKD:US$ exchange rate 0.1281 0.1281 Annualized average HKD:US$ exchange rate 0.1277 0.1277 December 31, 2023 December 31, 2022 Year-end SGD:US$ exchange rate 0.7575 0.7450 Annualized average SGD:US$ exchange rate 0.7445 0.7254
Comprehensive income	● Comprehensive income ASC 220, Comprehensive Income
Net loss per share	● Net loss per share The Company calculates net loss per share in accordance with ASC 260, Earnings per Share
Stock based compensation	● Stock based compensation Pursuant to ASU 2018-07, the Company follows ASC 718, Compensation—Stock Compensation (“ASC 718”), which requires the measurement and recognition of compensation expense for all share-based payment awards (employee or non-employee), are measured at grant-date fair value of the equity instruments that an entity is obligated to issue. Restricted stock units are valued using the market price of the Company’s common shares on the date of grant. The Company uses a Black-Scholes option model to estimate the fair value of employee stock options at the date of grant. As of December 31, 2023, those shares issued and stock options granted for service compensations were immediately vested, and therefore these amounts are thus recognized as expense in the operation.
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 are provided. The Company also recognizes long service payments to be made by the Company to its employees upon the termination of services as a defined benefit plan under post-employment benefits. The cost of providing benefits is measured using projected unit credit method with actuarial valuations to determine its present value and service cost. When the calculation results in a benefit to the Company, the recognized assets limited to lower of the present value of economic benefits available in the form of any future refunds from the plan or reductions in future contributions to the plan and the asset ceiling. The net defined benefit liabilities recognized in the statement of financial position represent the present value of the obligation under defined benefit plan minus the fair value of plan assets. The Company carried out comprehensive actuarial valuation at the end of reporting period. The remeasurement of the net defined benefit liabilities during a period are recognized as cost of defined benefit plan during the period.
Related parties	● Related parties The Company follows the ASC 850-10, Related Party 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, Commitments 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 ASC 825-10-50-10 (“ASC 825”) for disclosures about fair value of its financial instruments and has adopted ASC 820-10-35- to measure the fair value of its financial instruments. ASC 825 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, ASC 825 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 ASC 825 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, loan and fee receivable, prepayments and other receivables, amounts due from related parties, accrued liabilities and other payables, loans payable, amounts due to related parties approximate their fair values because of the short maturity of these instruments.
Recent accounting pronouncements	● Recent accounting pronouncements From time to time, new accounting pronouncements are issued by the Financial Accounting Standard Board (“FASB”) or other standard setting bodies and adopted by the Company as of the specified effective date. The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and do 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.

Organization and Business Bac_2

Organization and Business Background (Tables)	12 Months Ended
	Dec. 31, 2023
Organization and Business Background [Abstract]
Schedule of Description of Subsidiaries	Description of subsidiaries Company name Place of incorporation Principal activities Particulars of Effective Massive Treasure Limited BVI, limited liability company Investment holding 50,000 ordinary shares with a par value of US$1 each 100 % Coinllectibles DeFi Limited Hong Kong, limited liability company Financing service management in Hong Kong 10,000 ordinary shares for HK$10,000 100 % Coinllectibles Private Limited Singapore, limited liability company Corporate management and IT development in Singapore 1,000 ordinary shares for S$1,000 100 % Healthy Finance Limited# Hong Kong, limited liability company Money lending service in Hong Kong 10,000 ordinary shares for HK$10,000 51 % 8M Limited^ Hong Kong, limited liability company Money lending service in Hong Kong 10 ordinary shares for HK$10 100 % Dragon Group Mortgage Limited# Hong Kong, limited liability company Money lending service in Hong Kong 10,000 ordinary shares for HK$10,000 51 % E-on Finance Limited^ Hong Kong, limited liability company Money lending service in Hong Kong 2 ordinary shares for HK$2 100 % Lee Kee Finance Limited^ Hong Kong, limited liability company Money lending service in Hong Kong 920,000 ordinary shares for HK$920,000 51 % Rich Finance (Hong Kong) Limited^ Hong Kong, limited liability company Money lending service in Hong Kong 10,000 ordinary shares for HK$10,000 51 % Long Journey Finance Limited^ Hong Kong, limited liability company Money lending service in Hong Kong 100 ordinary shares for HK$100 51 % Vaav Limited^ Hong Kong, limited liability company Money lending service in Hong Kong 10,000 ordinary shares for HK$10,000 51 % Star Credit Limited^ Hong Kong, limited liability company Money lending service in Hong Kong 1,000,000 ordinary shares for HK$1,000,000 51 % NFT Limited BVI, limited liability company Procurement of intangible assets in Hong Kong 10,000 ordinary shares with a par value of US$1 each 51 % Grandway Worldwide Holding Limited BVI, limited liability company Development of mobile application 50,000 ordinary shares for USD$50,000 51 % Grand Town Development Limited Hong Kong, limited liability company Provision treasury management 2 ordinary shares for HK$2 100 % Grand Gallery Limited Hong Kong, limited liability company Procurement of art and collectibles in Hong Kong 400,000 ordinary shares for HK$400,000 80 % Phoenix Waters Group Limited BVI, limited liability company Investment holding 50,000 ordinary shares with a par value of US$1 each 100 % # These subsidiaries were disposed on June 30, 2023 ^ These subsidiaries were disposed on September 30, 2023

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2023
Summary of Significant Accounting Policies [Abstract]
Schedule of Digital Assets Held by the Company	Digital Assets held by the Company are included in current assets in the consolidated balance sheets, as follows:- Cryptocurrencies - Tether USDT - Okipad OKI - Ethereum ETH - Binance Coin BNB - Binance USD BUSD - Colligo Token COTK - Polygon MATIC
Schedule of Property and Equipment	Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational and after taking into account their estimated residual values: Expected useful life Computer and office equipment 5 years
Schedule of Revenue from Contracts with Customers	The following table shows the types of revenue from contracts with customers and the number of the underlying transactions: Years ended December 31, 2023 2022 Sale of arts and collectibles products $ 618,197 $ 5,508,675 Transaction fee income and others - 8,550,375 $ 618,197 $ 14,059,050 Numbers of transactions: Number of arts and collectibles sold 13 65 Number of secondary platform transactions - 767
Schedule of Translation of Amounts	Translation of amounts from HKD and SGD into US$ has been made at the following exchange rates for the following periods: December 31, 2023 December 31, 2022 Year-end HKD:US$ exchange rate 0.1281 0.1281 Annualized average HKD:US$ exchange rate 0.1277 0.1277 December 31, 2023 December 31, 2022 Year-end SGD:US$ exchange rate 0.7575 0.7450 Annualized average SGD:US$ exchange rate 0.7445 0.7254

Disaggregation of Revenue (Tabl

Disaggregation of Revenue (Tables)	12 Months Ended
	Dec. 31, 2023
Disaggregation of Revenue [Abstract]
Schedule of Disaggregation of the Company’s Operating Revenue by Major Source	The following is a disaggregation of the Company’s operating revenue by major source for the respective years:- Years ended December 31, 2023 2022 Interest income (from discontinued operation) $ 3,102,101 $ 6,550,670 ACT income: - Sale of arts and collectibles products 618,197 5,508,675 - Transaction fee income and others - 8,550,375 618,197 14,059,050 $ 3,720,298 $ 20,609,720

Business Segment Information (T

Business Segment Information (Tables)	12 Months Ended
	Dec. 31, 2023
Business Segment Information [Abstract]
Schedule of Reconciliation of the Disaggregated Revenue	The table also includes a reconciliation of the disaggregated revenue with the reportable segments. Year Ended December 31, 2023 Lending (discontinued operation) ACT Total Revenue from external customers: Interest income $ 3,102,101 $ - $ 3,102,101 Arts and collectibles technology income - 618,197 618,197 Total revenue, net 3,102,101 618,197 3,720,298 Cost of revenue: Interest expense (94,843 ) - (94,843 ) Arts and collectibles technology expense - (386,157 ) (386,157 ) Total cost of revenue (94,843 ) (386,157 ) (481,000 ) Gross profit 3,007,258 232,040 3,239,298 Operating Expenses Sales and marketing (119,377 ) (1,706,772 ) (1,826,149 ) Corporate development - (867,193 ) (867,193 ) Technology and development - (3,694,807 ) (3,694,807 ) General and administrative (5,075,640 ) (19,427,301 ) (24,502,941 ) Total operating expenses (5,195,017 ) (25,696,073 ) (30,891,090 ) Segment loss (2,187,759 ) (25,464,033 ) (27,651,792 ) Year Ended December 31, 2022 Lending Segment (discontinued operation) ACT Segment Total Revenue from external customers: Interest income $ 6,550,670 $ - $ 6,550,670 Arts and collectibles technology income - 14,059,050 14,059,050 Total revenue, net 6,550,670 14,059,050 20,609,720 Cost of revenue: Interest expense (405,972 ) - (405,972 ) Arts and collectibles technology expense - (3,019,794 ) (3,019,794 ) Total cost of revenue (405,972 ) (3,019,794 ) (3,425,766 ) Gross profit 6,144,698 11,039,256 17,183,954 Operating Expenses Sales and marketing (273,934 ) (27,097,615 ) (27,371,549 ) Corporate development - (26,898,128 ) (26,898,128 ) Technology and development - (43,301,993 ) (43,301,993 ) General and administrative (6,740,650 ) (9,911,316 ) (16,651,966 ) Total operating expenses (7,014,584 ) (107,209,052 ) (114,223,636 ) Segment loss (869,886 ) (96,169,796 ) (97,039,682 ) As of December 31, 2023 Lending ACT Total Segment assets $ 6,803,037 $ 11,851,952 $ 18,654,989 As of December 31, 2022 Lending Segment ACT Segment Total Segment assets $ 24,322,240 $ 14,787,682 $ 39,109,922
Schedule of Financial Information Concerning the Geographic Segments	The below revenues are based on the countries in which the customer is located. Summarized financial information concerning the geographic segments is shown in the following tables: Years ended December 31, 2023 2022 Hong Kong $ 3,102,101 $ 6,550,670 Around the world # 618,197 14,059,050 $ 3,720,298 $ 20,609,720 # the customers in ACT segment are located in various countries around the world, in which the location of individual customer is not identifiable in the use of blockchain technology.

Loan Receivables (Tables)

Loan Receivables (Tables)	12 Months Ended
	Dec. 31, 2023
Loan Receivables [Abstract]
Schedule of Company’s Loan Portfolio	The Company’s loan portfolio was as follows:- As of December 31, 2023 2022 Personal loans $       - $ 19,960,400 Commercial loans - 1,095,772 Mortgage loans - 2,651,781 Total loans - 23,707,953 Less: Allowance for loan losses - (2,849,954 ) Loans receivables, net $ - 20,857,999 Less: Loans receivables, net – discontinued operations - (20,857,999 ) Loans receivables, net – continuing operations - - Reclassifying as: Current portion – discontinued operations $ - $ 17,757,942 Non-current portion – discontinued operations - 3,100,057 Total loans receivables – discontinued operations $ - $ 20,857,999
Schedule of Activity in the Allowance for Loan Losses from Discontinued Operations	The following table presents the activity in the allowance for loan losses from discontinued operations as of and for the years ended December 31, 2023 and 2022: December 31, December 31, Balance at Beginning of Year $ 3,360,931 $ 781,202 Provisions - 2,580,790 Foreign translation adjustment - (1,061 ) Less: Discontinued operations (3,360,931 ) - Balance at End of Year $ - $ 3,360,931
Schedule of Includes an Aging Analysis of Loans as of the Dates Indicated	The following table includes an aging analysis of loans as of the dates indicated Age Analysis of Loans by Class Maturities Mortgage Commercial Personal December 31, Mortgage Commercial Personal December 31, $ $ $ $ $ $ $ $ Within credit term - - - - 2,056,706 588,913 13,801,711 16,447,330 Past due: 30-59 days - - - - - - - - 60-89 days - - - - - - - - 90 or more days due and still accruing - - - - - - - - Nonaccrual - - - - 595,075 506,859 6,158,689 7,260,623 Total loans - - - - 2,651,781 1,095,772 19,960,400 23,707,953 Maturities Mortgage Commercial Personal December 31, Mortgage Commercial Personal December 31, $ $ $ $ $ $ $ $ Within 1 year - - - - 2,016,283 839,618 17,858,349 20,714,250 1-5 years - - - - 165,119 256,154 2,102,051 2,523,324 5-10 years - - - - 470,379 - - 470,379 More than 10 years - - - - - - - - Total loans - - - - 2,651,781 1,095,772 19,960,400 23,707,953
Schedule of Credit Quality Exposures by Internally Assigned Risk Ratings	The following table presents credit quality exposures by internally assigned risk ratings as of the dates indicated: Credit grades Mortgage Commercial loan Personal loan December 31, Mortgage Commercial loan Personal December 31, $ $ $ $ $ $ $ $ Other assets especially mentioned - - - - 2,054,969 588,906 13,818,114 16,461,989 Substandard - - - - 58,245 - 595,297 653,542 Doubtful - - - - 538,567 506,866 5,546,989 6,592,422 Loss - - - - - - - - Total loans - - - - 2,651,781 1,095,772 19,960,400 23,707,953

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2023
Inventory Disclosure [Abstract]
Schedule of Inventories	A summary of inventories as of December 31, 2023 and 2022 is as follows: As of December 31, 2023 No. of No. of art and Total Balance at January 1, 2023 8 69 $ 1,164,887 Purchased - 13 397,089 Sold - (13 ) 397,089 Balance at December 31, 2023 8 69 $ 1,116,086 As of December 31, 2022 No. of No. of art and Total Balance at January 1, 2022 7 45 $ 2,103,038 Purchased - 100 2,027,667 Token minted 41 - Sold (40 ) (76 ) (2,965,818 ) Balance at December 31, 2022 8 69 $ 1,164,887

Produced Content Cost (Tables)

Produced Content Cost (Tables)	12 Months Ended
	Dec. 31, 2023
Produced Content Cost [Abstract]
Schedule of Total Capitalized Produced Content by Predominant Monetization Strategy	Total capitalized produced content by predominant monetization strategy as of December 31, 2023 and 2022 is as follows: December 31, 2023 December 31, Produced content: Released, net of amortization $ - $ - Completed, not released - - In-process - 611,529 Less: impairment loss - (611,529 ) $ - $ -

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2023
Property Plant and Equipment Income Statement Disclosures [Abstract]
Schedule of Property and Equipmen	A summary of property and equipment at December 31, 2023 and 2022 is as follows: As of December 31, 2023 2022 Computer equipment $ 3,328 $ 109,727 Less: accumulated depreciation (1,997 ) (52,640 ) Property and equipment, net 1,331 57,087 Less: Property and equipment, net – discontinued operations - (54,924 ) Property and equipment, net – continuing operations $ 1,331 $ 2,163

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2023
Intangible Assets, Net [Abstract]
Schedule of Intangible Assets	A summary of intangible assets at December 31, 2023 and 2022 is as follows: Estimated As of December 31, useful life 2023 2022 At cost: Acquired technology software 5 years $ 17,344,690 $ 17,344,690 Trademarks and trade name 10 years 39,415 39,270 Less: accumulated amortization (7,445,312 ) (4,052,889 ) Foreign translation adjustment (71,740 ) 8,356 Intangible assets, net – continuing operations $ 9,867,053 $ 13,339,427
Schedule of Estimated Amortization Expense for Intangible Assets	As of December 31, 2023, the estimated amortization expense for intangible assets for each of the succeeding five years and thereafter is as follows: Year ending December 31: Amount 2024 $ 3,473,722 2025 3,473,722 2026 2,895,613 2027 4,824 2028 4,824 Thereafter 14,248 $ 9,867,053

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2023
Stock Based Compensation [Abstract]
Schedule of Stock-Based Compensation Expenses for Shares Granted	The following table presents the stock-based compensation expenses for shares granted consultants during the three and nine months ended December 31, 2023 and 2022: Years ended December 31, 2023 2022 Corporate development expenses $ - $ 26,177,743 Technology and development expenses - 32,447,000 Sales and marketing expenses - 26,419,645 General and administrative expenses 17,765,480 4,201,701 $ 17,765,480 $ 89,246,089

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)	12 Months Ended
	Dec. 31, 2023
Net Loss Per Share [Abstract]
Schedule of Basic and Diluted Net Loss Per Share	The following table sets forth the computation of basic and diluted net loss per share for the respective years: Years ended December 31, 2023 2022 Net loss attributable to the Company $ (77,340,763 ) $ (101,670,743 ) Weighted average common shares: - Basic 1,341,825,986 374,086,727 - Diluted 1,341,825,986 374,086,727 Net loss per share: - Basic $ (0.06 ) $ (0.27 ) - Diluted $ (0.06 ) $ (0.27 )

Income Tax (Tables)

Income Tax (Tables)	12 Months Ended
	Dec. 31, 2023
Income Tax [Abstract]
Schedule of Components of Loss Before Income Taxes	For the years ended December 31, 2023 and 2022, the local (“United States of America”) and foreign components of loss before income taxes were comprised of the following: Years ended December 31, 2023 2022 Tax jurisdiction from: - Local $ (529,748 ) $ (490,152 ) - Foreign, including British Virgin Islands (“BVI”) (17,319,689 ) (5,203,746 ) Singapore (81,705 ) (90,145,335 ) Hong Kong – continuing operations (51,177,433 ) (2,460,084 ) Hong Kong – discontinued operations (133,908 ) 1,225,375 Loss before income taxes $ (69,242,483 ) $ (97,073,942 )
Schedule of Provision for Income Taxes	The provision for income taxes consisted of the following: Years ended December 31, 2023 2022 Current tax: $ - $ - - Local - - - Foreign – continuing operations - 3,303 - Foreign – discontinued operations 355,910 296,411 Deferred tax - Local - - - Foreign - - Income tax expense $ 355,910 $ 299,714
Schedule of Reconciliation of Income Tax Rate to the Effective Income Tax Rate	Years ended December 31, 2023 2022 Loss before income taxes $ (81,705 ) $ (90,145,335 ) Statutory income tax rate 17 % 17 % Income tax expense at statutory rate (13,890 ) (15,324,707 ) Net operating loss 13,890 15,324,707 Income tax expense $ - $ - Years ended December 31, 2023 2022 (Loss) income before income taxes $ (51,311,341 ) $ (1,234,709 ) Statutory income tax rate 16.5 % 16.5 % Income tax (benefit) expense at statutory rate (8,466,371 ) (203,727 ) Tax effect of non-deductible items 378,394 498,132 Tax effect of non-taxable items - (7,710 ) Net operating loss 8,443,888 13,019 Income tax expense 355,910 299,714 Income tax expense – discontinued operations (355,910 ) (296,411 ) Income tax expense – continuing operations $ - $ 3,303
Schedule of Components of Loss Before Income Taxes	The following table sets forth the significant components of the deferred tax assets of the Company: As of December 31, 2023 2022 Deferred tax assets: Net operating loss carryforward, from US tax regime $ 111,247 $ 102,932 Singapore tax regime 13,890 15,324,707 Hong Kong tax regime 8,443,888 13,019 Less: valuation allowance (8,569,025 ) (15,440,658 ) Deferred tax assets, net $ - $ -

Organization and Business Bac_3

Organization and Business Background (Details) - Schedule of Description of Subsidiaries	12 Months Ended
	Dec. 31, 2023
Massive Treasure Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	BVI, limited liability company
Principal activities and place of operation	Investment holding
Particulars of registered/ paid up share capital	50,000 ordinary shares with a par value of US$1 each
Effective interest held	100%
Coinllectibles DeFi Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	Hong Kong, limited liability company
Principal activities and place of operation	Financing service management in Hong Kong
Particulars of registered/ paid up share capital	10,000 ordinary shares for HK$10,000
Effective interest held	100%
Coinllectibles Private Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	Singapore, limited liability company
Principal activities and place of operation	Corporate management and IT development in Singapore
Particulars of registered/ paid up share capital	1,000 ordinary shares for S$1,000
Effective interest held	100%
Healthy Finance Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	Hong Kong, limited liability company	[1]
Principal activities and place of operation	Money lending service in Hong Kong	[1]
Particulars of registered/ paid up share capital	10,000 ordinary shares for HK$10,000	[1]
Effective interest held	51%	[1]
8M Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	Hong Kong, limited liability company	[2]
Principal activities and place of operation	Money lending service in Hong Kong	[2]
Particulars of registered/ paid up share capital	10 ordinary shares for HK$10	[2]
Effective interest held	100%	[2]
Dragon Group Mortgage Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	Hong Kong, limited liability company	[1]
Principal activities and place of operation	Money lending service in Hong Kong	[1]
Particulars of registered/ paid up share capital	10,000 ordinary shares for HK$10,000	[1]
Effective interest held	51%	[1]
E-on Finance Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	Hong Kong, limited liability company	[2]
Principal activities and place of operation	Money lending service in Hong Kong	[2]
Particulars of registered/ paid up share capital	2 ordinary shares for HK$2	[2]
Effective interest held	100%	[2]
Lee Kee Finance Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	Hong Kong, limited liability company	[2]
Principal activities and place of operation	Money lending service in Hong Kong	[2]
Particulars of registered/ paid up share capital	920,000 ordinary shares for HK$920,000	[2]
Effective interest held	51%	[2]
Rich Finance (Hong Kong) Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	Hong Kong, limited liability company	[2]
Principal activities and place of operation	Money lending service in Hong Kong	[2]
Particulars of registered/ paid up share capital	10,000 ordinary shares for HK$10,000	[2]
Effective interest held	51%	[2]
Long Journey Finance Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	Hong Kong, limited liability company	[2]
Principal activities and place of operation	Money lending service in Hong Kong	[2]
Particulars of registered/ paid up share capital	100 ordinary shares for HK$100	[2]
Effective interest held	51%	[2]
Vaav Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	Hong Kong, limited liability company	[2]
Principal activities and place of operation	Money lending service in Hong Kong	[2]
Particulars of registered/ paid up share capital	10,000 ordinary shares for HK$10,000	[2]
Effective interest held	51%	[2]
Star Credit Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	Hong Kong, limited liability company	[2]
Principal activities and place of operation	Money lending service in Hong Kong	[2]
Particulars of registered/ paid up share capital	1,000,000 ordinary shares for HK$1,000,000	[2]
Effective interest held	51%	[2]
NFT Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	BVI, limited liability company
Principal activities and place of operation	Procurement of intangible assets in Hong Kong
Particulars of registered/ paid up share capital	10,000 ordinary shares with a par value of US$1 each
Effective interest held	51%
Grandway Worldwide Holding Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	BVI, limited liability company
Principal activities and place of operation	Development of mobile application
Particulars of registered/ paid up share capital	50,000 ordinary shares for USD$50,000
Effective interest held	51%
Grand Town Development Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	Hong Kong, limited liability company
Principal activities and place of operation	Provision treasury management
Particulars of registered/ paid up share capital	2 ordinary shares for HK$2
Effective interest held	100%
Grand Gallery Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	Hong Kong, limited liability company
Principal activities and place of operation	Procurement of art and collectibles in Hong Kong
Particulars of registered/ paid up share capital	400,000 ordinary shares for HK$400,000
Effective interest held	80%
Phoenix Waters Group Limited [Member]
Schedule of Description of Subsidiaries [Line Items]
Place of incorporation and kind of legal entity	BVI, limited liability company
Principal activities and place of operation	Investment holding
Particulars of registered/ paid up share capital	50,000 ordinary shares with a par value of US$1 each
Effective interest held	100%
[1]These subsidiaries were disposed on June 30, 2023[2]These subsidiaries were disposed on September 30, 2023

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Summary of Significant Accounting Policies (Details) [Line Items]
Impairment of goodwill	$ 51,231
Income tax benefit percentage	50%
Minimum [Member]
Summary of Significant Accounting Policies (Details) [Line Items]
Originated loans	$ 644
Maximum [Member]
Summary of Significant Accounting Policies (Details) [Line Items]
Originated loans		$ 579,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) - Schedule of Digital Assets Held by the Company	Dec. 31, 2023
USDT [Member] | Tether [Member]
Schedule of Digital Assets Held by the Company [Line Items]
Cryptocurrencies	Tether
Currencies	USDT
OKI [Member] | Okipad [Member]
Schedule of Digital Assets Held by the Company [Line Items]
Cryptocurrencies	Okipad
Currencies	OKI
ETH [Member] | Ethereum [Member]
Schedule of Digital Assets Held by the Company [Line Items]
Cryptocurrencies	Ethereum
Currencies	ETH
BNB [Member] | Binance Coin [Member]
Schedule of Digital Assets Held by the Company [Line Items]
Cryptocurrencies	Binance Coin
Currencies	BNB
BUSD [Member] | Binance U S D [Member]
Schedule of Digital Assets Held by the Company [Line Items]
Cryptocurrencies	Binance USD
Currencies	BUSD
COTK [Member] | Colligo Token [Member]
Schedule of Digital Assets Held by the Company [Line Items]
Cryptocurrencies	Colligo Token
Currencies	COTK
MATIC [Member] | Polygon [Member]
Schedule of Digital Assets Held by the Company [Line Items]
Cryptocurrencies	Polygon
Currencies	MATIC

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Details) - Schedule of Property and Equipment	Dec. 31, 2023
Computer and office equipment [Member]
Property, Plant and Equipment [Line Items]
Expected useful life	5 years

Summary of Significant Accoun_6

Summary of Significant Accounting Policies (Details) - Schedule of Revenue from Contracts with Customers	12 Months Ended
	Dec. 31, 2023 USD ($) Transactions	Dec. 31, 2022 USD ($) Transactions
Schedule of Revenue from Contracts with Customers [Abstract]
Sale of arts and collectibles products	$ 618,197	$ 5,508,675
Transaction fee income and others		8,550,375
Total revenue	$ 618,197	$ 14,059,050
Number of arts and collectibles sold (in Transactions) | Transactions	13	65
Number of secondary platform transactions (in Transactions) | Transactions		767

Summary of Significant Accoun_7

Summary of Significant Accounting Policies (Details) - Schedule of Translation of Amounts	Dec. 31, 2023	Dec. 31, 2022
Year-end HKD:US$ exchange rate [Member]
Schedule of Translation of Amounts [Line Items]
Exchange rate	0.1281	0.001281
Annualized average HKD:US$ exchange rate [Member]
Schedule of Translation of Amounts [Line Items]
Exchange rate	0.1277	0.001277
Year-end SGD:US$ exchange rate [Member]
Schedule of Translation of Amounts [Line Items]
Exchange rate	0.7575	0.00745
Annualized average SGD:US$ exchange rate [Member]
Schedule of Translation of Amounts [Line Items]
Exchange rate	0.7445	0.007254

Going Concern Uncertainties (De

Going Concern Uncertainties (Details) - Health Care [Member]	12 Months Ended
	Dec. 31, 2023 USD ($)
Going Concern Uncertainties [Line Items]
Continuous loss	$ 77,391,995
Accumulated deficit	$ 205,499,215

Disaggregation of Revenue (Deta

Disaggregation of Revenue (Details) - Schedule of Disaggregation of the Company’s Operating Revenue by Major Source - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Interest income (from discontinued operation)	$ 0	$ 160,945
ACT income:
ACT income	618,197	14,059,050
Revenue	3,720,298	20,609,720
Interest income [Member]
Disaggregation of Revenue [Line Items]
Interest income (from discontinued operation)	3,102,101	6,550,670
Sale of Arts and Collectibles Products [Member]
ACT income:
ACT income	618,197	5,508,675
Transaction Fee Income and Others [Member]
ACT income:
ACT income		$ 8,550,375

Business Segment Information (D

Business Segment Information (Details) - Schedule of Reconciliation of the Disaggregated Revenue - Business Segment [Member] - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenue from external customers:
Revenue	$ 3,720,298	$ 20,609,720
Cost of revenue:
Cost of revenue	(481,000)	(3,425,766)
Gross profit	3,239,298	17,183,954
Operating Expenses
Sales and marketing	(1,826,149)	(27,371,549)
Corporate development	(867,193)	(26,898,128)
Technology and development	(3,694,807)	(43,301,993)
General and administrative	(24,502,941)	(16,651,966)
Total operating expenses	(30,891,090)	(114,223,636)
Segment income (loss)	(27,651,792)	(97,039,682)
Segment assets	18,654,989	39,109,922
ACT Segment [Member]
Operating Expenses
Segment assets	11,851,952
Lending Segment (discontinued operation) [Member]
Revenue from external customers:
Revenue	3,102,101	6,550,670
Cost of revenue:
Cost of revenue	(94,843)	(405,972)
Arts and Collectibles Technology Income [Member]
Revenue from external customers:
Revenue	618,197	14,059,050
Cost of revenue:
Cost of revenue		(3,019,794)
Arts and Collectible Technology Expense [Member]
Cost of revenue:
Cost of revenue	(386,157)
Lending Segment [Member]
Revenue from external customers:
Revenue	3,102,101	6,550,670
Cost of revenue:
Cost of revenue	(94,843)	(405,972)
Gross profit	3,007,258	6,144,698
Operating Expenses
Sales and marketing	(119,377)	(273,934)
Corporate development
Technology and development
General and administrative	(5,075,640)	(6,740,650)
Total operating expenses	(5,195,017)	(7,014,584)
Segment income (loss)	(2,187,759)	(869,886)
Segment assets	6,803,037	24,322,240
Lending Segment [Member] | Lending Segment (discontinued operation) [Member]
Revenue from external customers:
Revenue	3,102,101	6,550,670
Cost of revenue:
Cost of revenue	(94,843)	(405,972)
Lending Segment [Member] | Arts and Collectibles Technology Income [Member]
Revenue from external customers:
Revenue
Cost of revenue:
Cost of revenue
Lending Segment [Member] | Arts and Collectible Technology Expense [Member]
Cost of revenue:
Cost of revenue
ACT Segment [Member]
Revenue from external customers:
Revenue	618,197	14,059,050
Cost of revenue:
Cost of revenue	(386,157)	(3,019,794)
Gross profit	232,040	11,039,256
Operating Expenses
Sales and marketing	(1,706,772)	(27,097,615)
Corporate development	(867,193)	(26,898,128)
Technology and development	(3,694,807)	(43,301,993)
General and administrative	(19,427,301)	(9,911,316)
Total operating expenses	(25,696,073)	(107,209,052)
Segment income (loss)	(25,464,033)	(96,169,796)
Segment assets		14,787,682
ACT Segment [Member] | Lending Segment (discontinued operation) [Member]
Revenue from external customers:
Revenue
Cost of revenue:
Cost of revenue
ACT Segment [Member] | Arts and Collectibles Technology Income [Member]
Revenue from external customers:
Revenue	618,197	14,059,050
Cost of revenue:
Cost of revenue		$ (3,019,794)
ACT Segment [Member] | Arts and Collectible Technology Expense [Member]
Cost of revenue:
Cost of revenue	$ (386,157)

Business Segment Information _2

Business Segment Information (Details) - Schedule of Financial Information Concerning the Geographic Segments - USD ($)		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022
Schedule of Financial Information Concerning the Geographic Segments [Line Items]
Revenues		$ 3,720,298	$ 20,609,720
Hong Kong [Member]
Schedule of Financial Information Concerning the Geographic Segments [Line Items]
Revenues		3,102,101	6,550,670
Around the world [Member]
Schedule of Financial Information Concerning the Geographic Segments [Line Items]
Revenues	[1]	$ 618,197	$ 14,059,050
[1]the customers in ACT segment are located in various countries around the world, in which the location of individual customer is not identifiable in the use of blockchain technology.

Loan Receivables (Details)

Loan Receivables (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Loan Receivables [Line Items]
Provision for allowance of loan loss (in Dollars)	$ 0	$ 2,580,790
Minimum [Member]
Loan Receivables [Line Items]
interest rates on loans	13%	13%
Loans made to either business or individual customers	7 days
Maximum [Member]
Loan Receivables [Line Items]
interest rates on loans	59%	59%
Loans made to either business or individual customers	120 months

Loan Receivables (Details) - Sc

Loan Receivables (Details) - Schedule of Company’s Loan Portfolio - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		$ 23,707,953
Less: Allowance for loan losses		(2,849,954)
Loans receivables, net		20,857,999
Less: Loans receivables, net – discontinued operations		(20,857,999)
Loans receivables, net – continuing operations
Reclassifying as:
Current portion – discontinued operations		17,757,942
Non-current portion – discontinued operations		3,100,057
Total loans receivables – discontinued operations		20,857,999
Personal Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		19,960,400
Commercial loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		1,095,772
Mortgage Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		$ 2,651,781

Loan Receivables (Details) - _2

Loan Receivables (Details) - Schedule of Activity in the Allowance for Loan Losses from Discontinued Operations - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule Of Activity In The Allowance For Loan Losses From Discontinued Operations Abstract
Balance at Beginning of Year	$ 3,360,931	$ 781,202
Provisions		2,580,790
Foreign translation adjustment		(1,061)
Less: Discontinued operations	(3,360,931)
Balance at End of Year		$ 3,360,931

Loan Receivables (Details) - _3

Loan Receivables (Details) - Schedule of Includes an Aging Analysis of Loans as of the Dates Indicated - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable, Past Due [Line Items]
Within credit term		$ 16,447,330
Nonaccrual		23,707,953
Total loans		23,707,953
Mortgage [Member]
Financing Receivable, Past Due [Line Items]
Within credit term		2,056,706
Nonaccrual		2,651,781
Total loans		2,651,781
Commercial loan [Member]
Financing Receivable, Past Due [Line Items]
Within credit term		588,913
Nonaccrual		1,095,772
Total loans		1,095,772
Personal loan [Member]
Financing Receivable, Past Due [Line Items]
Within credit term		13,801,711
Nonaccrual		19,960,400
Total loans		19,960,400
30-59 days [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual
30-59 days [Member] | Mortgage [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual
30-59 days [Member] | Commercial loan [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual
30-59 days [Member] | Personal loan [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual
60-89 days [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual
60-89 days [Member] | Mortgage [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual
60-89 days [Member] | Commercial loan [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual
60-89 days [Member] | Personal loan [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual
90 or more days due and still accruing [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual
90 or more days due and still accruing [Member] | Mortgage [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual
90 or more days due and still accruing [Member] | Commercial loan [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual
90 or more days due and still accruing [Member] | Personal loan [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual
Nonaccrual [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual		7,260,623
Nonaccrual [Member] | Mortgage [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual		595,075
Nonaccrual [Member] | Commercial loan [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual		506,859
Nonaccrual [Member] | Personal loan [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual		6,158,689
Within 1 year [Member]
Financing Receivable, Past Due [Line Items]
Total loans		20,714,250
Within 1 year [Member] | Mortgage [Member]
Financing Receivable, Past Due [Line Items]
Total loans		2,016,283
Within 1 year [Member] | Commercial loan [Member]
Financing Receivable, Past Due [Line Items]
Total loans		839,618
Within 1 year [Member] | Personal loan [Member]
Financing Receivable, Past Due [Line Items]
Total loans		17,858,349
1-5 years [Member]
Financing Receivable, Past Due [Line Items]
Total loans		2,523,324
1-5 years [Member] | Mortgage [Member]
Financing Receivable, Past Due [Line Items]
Total loans		165,119
1-5 years [Member] | Commercial loan [Member]
Financing Receivable, Past Due [Line Items]
Total loans		256,154
1-5 years [Member] | Personal loan [Member]
Financing Receivable, Past Due [Line Items]
Total loans		2,102,051
5-10 years [Member]
Financing Receivable, Past Due [Line Items]
Total loans		470,379
5-10 years [Member] | Mortgage [Member]
Financing Receivable, Past Due [Line Items]
Total loans		470,379
5-10 years [Member] | Commercial loan [Member]
Financing Receivable, Past Due [Line Items]
Total loans
5-10 years [Member] | Personal loan [Member]
Financing Receivable, Past Due [Line Items]
Total loans
More than 10 years [Member]
Financing Receivable, Past Due [Line Items]
Total loans
More than 10 years [Member] | Mortgage [Member]
Financing Receivable, Past Due [Line Items]
Total loans
More than 10 years [Member] | Commercial loan [Member]
Financing Receivable, Past Due [Line Items]
Total loans
More than 10 years [Member] | Personal loan [Member]
Financing Receivable, Past Due [Line Items]
Total loans

Loan Receivables (Details) - _4

Loan Receivables (Details) - Schedule of Credit Quality Exposures by Internally Assigned Risk Ratings - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans		$ 23,707,953
Mortgage Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans		2,651,781
Commercial Loan [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans		1,095,772
Personal Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans		19,960,400
Other assets especially mentioned [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans		16,461,989
Other assets especially mentioned [Member] | Mortgage Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans		2,054,969
Other assets especially mentioned [Member] | Commercial Loan [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans		588,906
Other assets especially mentioned [Member] | Personal Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans		13,818,114
Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans		653,542
Substandard [Member] | Mortgage Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans		58,245
Substandard [Member] | Commercial Loan [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans
Substandard [Member] | Personal Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans		595,297
Doubtful [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans		6,592,422
Doubtful [Member] | Mortgage Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans		538,567
Doubtful [Member] | Commercial Loan [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans		506,866
Doubtful [Member] | Personal Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans		5,546,989
Loss [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans
Loss [Member] | Mortgage Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans
Loss [Member] | Commercial Loan [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans
Loss [Member] | Personal Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans

Inventories (Details) - Schedul

Inventories (Details) - Schedule of Inventories	12 Months Ended
	Dec. 31, 2023 USD ($) Tokens Collectibles	Dec. 31, 2022 USD ($) Tokens Collectibles
Schedule of Inventories [Abstract]
No. of token, beginning balance | Tokens	8	7
No. of art and collectible items, beginning balance | Collectibles	69	45
Total amount, beginning balance | $	$ 1,164,887	$ 2,103,038
No. of token, Purchased | Tokens
No. of art and collectible items, Purchased | Collectibles	13	100
Total amount, Purchased | $	$ 397,089	$ 2,027,667
No. of token, Token minted | Tokens		41
No. of art and collectible items, Token minted | Collectibles
No. of token, Sold | Tokens		(40)
No. of art and collectible items, Sold | Collectibles	(13)	(76)
Total amount, Sold | $	$ 397,089	$ (2,965,818)
No. of token ,ending balance | Tokens	8	8
No. of art and collectible items, ending balance | Collectibles	69	69
Total amount, ending balance | $	$ 1,116,086	$ 1,164,887

Produced Content Cost (Details)

Produced Content Cost (Details) - Schedule of Total Capitalized Produced Content by Predominant Monetization Strategy - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Schedule of Total Capitalized Produced Content by Predominant Monetization Strategy [Abstract]
Released, net of amortization
Completed, not released
In-process		611,529
Less: impairment loss		(611,529)
Total

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Property and Equipment [Abstract]
Depreciation expense from continuing operations	$ 829	$ 3,194
Depreciation expense from discontinued operations	$ 2,918	$ 4,346

Property and Equipment (Detai_2

Property and Equipment (Details) - Schedule of Property and Equipment - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Schedule of Property and Equipment [Abstract]
Computer equipment	$ 3,328	$ 109,727
Less: accumulated depreciation	(1,997)	(52,640)
Property and equipment, net	1,331	57,087
Less: Property and equipment, net – discontinued operations		(54,924)
Property and equipment, net – continuing operations	$ 1,331	$ 2,163

Intangible Assets (Details)

Intangible Assets (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Intangible Assets [Line Items]
Amortization of intangible assets	$ 3,392,423	$ 3,931,641

Intangible Assets (Details) - S

Intangible Assets (Details) - Schedule of Intangible Assets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
At cost:
Less: accumulated amortization	$ (7,445,312)	$ (4,052,889)
Foreign translation adjustment	(71,740)	8,356
Intangible assets, net – continuing operations	$ 9,867,053	13,339,427
Acquired technology software [Member]
At cost:
Estimated useful life	5 years
Intangible assets	$ 17,344,690	17,344,690
Trademarks and trade name [Member]
At cost:
Estimated useful life	10 years
Intangible assets	$ 39,415	$ 39,270

Intangible Assets (Details) -_2

Intangible Assets (Details) - Schedule of Estimated Amortization Expense for Intangible Assets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Schedule of Estimated Amortization Expense for Intangible Assets [Abstract]
2024	$ 3,473,722
2025	3,473,722
2026	2,895,613
2027	4,824
2028	4,824
Thereafter	14,248
Total	$ 9,867,053	$ 13,339,427

Loan Payables (Details)

Loan Payables (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Loan Payables [Line Items]
Repayable term	1 year
Interest related loan payable	$ 0	$ 1,823,536
Minimum [Member]
Loan Payables [Line Items]
Annual interest rate	18%
Maximum [Member]
Loan Payables [Line Items]
Annual interest rate	21%
Loans Payable [Member]
Loan Payables [Line Items]
Interest on loans payable	$ 151,777	$ 405,972

Amounts Due to Related Parties

Amounts Due to Related Parties (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Amounts Due to Related Parties [Line Items]
Additional non-cash interest from discontinued operations	$ 461,477
Market rate	5%
Related Party [Member]
Amounts Due to Related Parties [Line Items]
Related party balances from continuing operations	$ 6,661,107	$ 5,844,420
Related party balances from discontinued operations	$ 0	$ 18,086,658

Leases (Details)

Leases (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Terms lease	2 years
Percentage of lease payments	5%
Remaining lease term	1 year
Discontinued operations	$ 0	$ 160,945
Lease liabilities	0	166,525
Lease expenses	$ 89,745	$ 43,438

Convertibles Note Payables (Det

Convertibles Note Payables (Details)	Nov. 11, 2022 USD ($)	Aug. 26, 2022 USD ($)	Aug. 02, 2022 USD ($) Collectibles	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Aug. 02, 2022 HKD ($)
Convertibles Note Payables [Line Items]
Convertible note payables (in Dollars)				$ 197,792	$ 383,058
Sale and Purchase Agreement [Member] | Grand Gallery Limited [Member]
Convertibles Note Payables [Line Items]
Subsidiaries holds issued and outstanding percentage			80%			80%
Sale and Purchase Agreement [Member] | CHAN Hin Yip [Member]
Convertibles Note Payables [Line Items]
Ownership percentage			5%			5%
Chan Hin Yip Note [Member] | Sale and Purchase Agreement [Member]
Convertibles Note Payables [Line Items]
Purchase of collectible items (in Collectibles) | Collectibles			58
Purchase price			$ 167,308			$ 1,305,000
Bear interest, percentage			1%			1%
Root Ventures LLC [Member] | Sale and Purchase Agreement [Member]
Convertibles Note Payables [Line Items]
Weighted average interest rate			90%			90%
CHAN Hin Yip [Member] | Sale and Purchase Agreement [Member]
Convertibles Note Payables [Line Items]
Due date				Feb. 02, 2023
Root Ventures Note [Member] | Securities Purchase Agreement [Member]
Convertibles Note Payables [Line Items]
Bear interest, percentage	10%
Due date				Nov. 10, 2023
Original principal amount (in Dollars)	$ 33,000
Convertible term	180 days
Average percentage of price equal	60%
Lowest trading days	2 days
Trading days prior to conversion	15 days
1800 Diagonal Note [Member] | Securities Purchase Agreement [Member]
Convertibles Note Payables [Line Items]
Bear interest, percentage		8%
Due date				Aug. 26, 2023
Original principal amount (in Dollars)		$ 89,250
Convertible term		180 days
Lowest trading days		2 days
Trading days prior to conversion		20 days
1800 Diagonal Note [Member] | 1800 Diagonal Note [Member]
Convertibles Note Payables [Line Items]
Average percentage of price equal		65%
Convertible Notes Payable [Member]
Convertibles Note Payables [Line Items]
Accrued convertible notes interest expense (in Dollars)				$ 22,788

Stock-Based Compensation (Detai

Stock-Based Compensation (Details)	12 Months Ended
	Dec. 31, 2023 shares
Stock Based Compensation [Line Items]
Shares issued to consultants	1,017,926,772

Stock-Based Compensation (Det_2

Stock-Based Compensation (Details) - Schedule of Stock-Based Compensation Expenses for Shares Granted - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of stock-based compensation expenses [Abstract]
Total stock-based compensation expenses	$ 17,765,480	$ 89,246,089
Corporate development expenses [Member]
Schedule of stock-based compensation expenses [Abstract]
Total stock-based compensation expenses		26,177,743
Technology and development expenses [Member]
Schedule of stock-based compensation expenses [Abstract]
Total stock-based compensation expenses		32,447,000
Sales and marketing expenses [Member]
Schedule of stock-based compensation expenses [Abstract]
Total stock-based compensation expenses		26,419,645
General and administrative expenses [Member]
Schedule of stock-based compensation expenses [Abstract]
Total stock-based compensation expenses	$ 17,765,480	$ 4,201,701

Stockholders_ Deficit (Details)

Stockholders’ Deficit (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Stockholders' Deficit [Line Items]
Common stock, shares authorized	5,000,000,000	5,000,000,000
Common shares, par value (in Dollars per share)	$ 0.001	$ 0.001
(in Dollars)	$ 17,765,480	$ 4,201,701
Common stock, shares issued	1,931,024,294	454,398,143
Common stock, shares outstanding	1,931,024,294	454,398,143
Common Stock [Member]
Stockholders' Deficit [Line Items]
Share issued for services	1,017,926,772	73,694,483
Common stock, shares issued	1,931,024,294	454,398,143
Common stock, shares outstanding	1,931,024,294	454,398,143	358,067,481
2022 Stock Incentive Plan [Member]
Stockholders' Deficit [Line Items]
Share issued for services	1,017,926,772

Net Loss Per Share (Details) -

Net Loss Per Share (Details) - Schedule of Basic and Diluted Net Loss Per Share - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Basic and Diluted Net Loss Per Share [Abstract]
Net loss attributable to the Company	$ (77,340,763)	$ (101,670,743)
Weighted average common shares:
- Basic	1,341,825,986	374,086,727
- Diluted	1,341,825,986	374,086,727
Net loss per share:
- Basic	$ (0.06)	$ (0.27)
- Diluted	$ (0.06)	$ (0.27)

Income Tax (Details)

Income Tax (Details) - USD ($)		12 Months Ended
	Jan. 01, 2018	Dec. 31, 2023
Republic of Singapore [Member]
Income Tax [Line Items]
Corporate tax rate		17%
Net operating losses (in Dollars)		$ 10,011,585
Deferred tax assets (in Dollars)		$ 1,701,969
Maximum [Member] | United States of America [Member]
Income Tax [Line Items]
Corporate tax rate	35%
Maximum [Member] | Hong Kong [Member]
Income Tax [Line Items]
Profits tax rates		16.50%
Minimum [Member] | United States of America [Member]
Income Tax [Line Items]
Corporate tax rate	21%
Minimum [Member] | Hong Kong [Member]
Income Tax [Line Items]
Profits tax rates		8.25%

Income Tax (Details) - Schedule

Income Tax (Details) - Schedule of Components of Loss Before Income Taxes - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
- Foreign, including
Loss before income taxes	$ (69,242,483)	$ (97,073,942)
Domestic Tax Authority [Member]
Income Tax (Details) - Schedule of Components of Loss Before Income Taxes [Line Items]
Local	(529,748)	(490,152)
British Virgin Islands (“BVI”) [Member]
- Foreign, including
Foreign	(17,319,689)	(5,203,746)
Singapore [Member]
- Foreign, including
Foreign	(81,705)	(90,145,335)
Continuing Operations [Member] | Hong Kong [Member]
- Foreign, including
Foreign	(51,177,433)	(2,460,084)
Discontinued Operations [Member] | Hong Kong [Member]
- Foreign, including
Foreign	$ (133,908)	$ 1,225,375

Income Tax (Details) - Schedu_2

Income Tax (Details) - Schedule of Provision for Income Taxes - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Current tax:
- Local
Deferred tax
- Local
- Foreign
Income tax expense	355,910	299,714
Continuing Operations [Member]
Current tax:
- Foreign – continuing operations		3,303
- Foreign – discontinued operations		(3,303)
Discontinued Operations [Member]
Current tax:
- Foreign – continuing operations	(355,910)	(296,411)
- Foreign – discontinued operations	$ 355,910	$ 296,411

Income Tax (Details) - Schedu_3

Income Tax (Details) - Schedule of Reconciliation of Income Tax Rate to the Effective Income Tax Rate - Deferred Income Tax Charge [Member] - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Republic of Singapore [Member]
Income Tax (Details) - Schedule of Reconciliation of Income Tax Rate to the Effective Income Tax Rate [Line Items]
(Loss) income before income taxes	$ (81,705)	$ (90,145,335)
Statutory income tax rate	17%	17%
Income tax (benefit) expense at statutory rate	$ (13,890)	$ (15,324,707)
Net operating loss	13,890	15,324,707
Income tax expense
Hong Kong Profits Tax [Member]
Income Tax (Details) - Schedule of Reconciliation of Income Tax Rate to the Effective Income Tax Rate [Line Items]
(Loss) income before income taxes	$ (51,311,341)	$ (1,234,709)
Statutory income tax rate	16.50%	16.50%
Income tax (benefit) expense at statutory rate	$ (8,466,371)	$ (203,727)
Tax effect of non-deductible items	378,394	498,132
Tax effect of non-taxable items		(7,710)
Net operating loss	8,443,888	13,019
Income tax expense	355,910	299,714
Hong Kong Profits Tax [Member] | Discontinued Operations [Member]
Income Tax (Details) - Schedule of Reconciliation of Income Tax Rate to the Effective Income Tax Rate [Line Items]
Income tax expense	(355,910)	(296,411)
Hong Kong Profits Tax [Member] | Continuing Operations [Member]
Income Tax (Details) - Schedule of Reconciliation of Income Tax Rate to the Effective Income Tax Rate [Line Items]
Income tax expense		$ 3,303

Income Tax (Details) - Schedu_4

Income Tax (Details) - Schedule of Deferred Tax Assets and Liabilities - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Income Tax (Details) - Schedule of Deferred Tax Assets and Liabilities [Line Items]
Less: valuation allowance	$ (8,569,025)	$ (15,440,658)
Deferred tax assets, net
US tax regime [Member]
Income Tax (Details) - Schedule of Deferred Tax Assets and Liabilities [Line Items]
Deferred tax assets	111,247	102,932
Singapore tax regime [Member]
Income Tax (Details) - Schedule of Deferred Tax Assets and Liabilities [Line Items]
Deferred tax assets	13,890	15,324,707
Less: valuation allowance	(1,701,969)
Hong Kong tax regime [Member]
Income Tax (Details) - Schedule of Deferred Tax Assets and Liabilities [Line Items]
Deferred tax assets	$ 8,443,888	$ 13,019

Pension Costs (Details)

Pension Costs (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Pension Costs [Line Items]
Defined contribution pension	$ 19,885	$ 35,618

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Mr. Tan [Member]
Related Party Transactions [Line Items]
Paid director fee	$ 96,000	$ 90,000
Major Shareholder and Former Director, Dr. Lee [Member]
Related Party Transactions [Line Items]
Management service fee	$ 0	$ 2,746,911

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2021
Commitments and Contingencies [Line Items]
Investment receivable	$ 30,000,000
Williamsburg Venture Holdings, LLC [Member]
Commitments and Contingencies [Line Items]
Investment receivable		$ 30,000,000
Purchase price percentage		88%