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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenues    
Total revenues $ 1,692,454 $ 1,213,284
Cost of revenues    
Validator expense 426,440 268,346
Gross profit 1,266,014 944,938
Operating expenses:    
General and administrative 1,916,193 1,590,707
Research and development 611,758 712,736
Compensation and related expenses 3,313,638 15,583,258
Marketing 78,171 180,290
Impairment loss on crypto assets 13,348,874 3,845,899
Realized gains on crypto asset transactions (506,757) (3,054,418)
Total operating expenses 18,761,877 18,858,472
Other income (expenses):    
Interest expense (186,740)
Amortization on debt discount (1,868,059)
Change in fair value of warrant liabilities 1,638,750 3,918,750
Distributions to warrant holders (35,625)
Total other income (expenses) 1,603,125 1,863,951
Net loss (15,892,738) (16,049,583)
Deemed dividends related to amortization of beneficial conversion feature of Series C-2 convertible preferred stock (45,541)
Deemed dividends related to recognition of downround adjustment to conversion amount for Series C-2 convertible preferred stock (5,020,883)
Net loss attributable to common stockholders $ (15,892,738) $ (21,116,007)
Net loss per share attributable to common stockholders, basic and diluted $ (1.25) $ (3.09)
Weighted average number of common shares outstanding, basic and diluted 12,732,914 6,840,665
Validator Revenue [Member]    
Revenues    
Total revenues $ 1,692,454 $ 1,213,284