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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Net Cash flows used from operating activities:    
Net loss $ (15,892,738) $ (16,049,583)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 4,039 939
Amortization on debt discount 1,868,059
Stock-based compensation 2,625,270 15,490,555
Stock-based compensation in connection with issuance of Series C-2 convertible preferred stock 179,277
Validator revenue (1,692,454) (1,213,284)
Blockchain network fees (non-cash) 1,321
Change in fair value of warrant liabilities (1,638,750) (3,918,750)
Purchase of non-productive crypto assets (5,761,550)
Sale of non-productive crypto assets 2,547,325 4,274,491
Realized gain on crypto asset transactions (506,757) (3,054,418)
Impairment loss on crypto assets 13,348,874 3,845,899
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 200,824 (292,676)
Accounts payable and accrued expenses (62,332) 112,428
Accrued compensation 288,601 (343,042)
Net cash used in operating activities (776,777) (4,861,655)
Net cash used in investing activities:    
Purchase of productive crypto assets for validating (9,453,024) (9,462,279)
Sale of productive crypto assets 585,595
Purchase of investments (100,000)
Purchase of property and equipment (5,408) (10,491)
Net cash used in investing activities (8,972,837) (9,472,770)
Net cash provided by financing activities:    
Dividend distributions (630,801)
Proceeds from exercise of warrants 400,000
Proceeds from issuance of Series C-2 convertible preferred stock 1,100,000
Net proceeds from issuance of convertible notes 1,000,000
Net proceeds from issuance of common stock and warrants for cash 8,865,000
Net proceeds from issuance of common stock 3,014,005
Net proceeds from issuance common stock/ At-the-market offering 11,126,331 2,832,152
Payment to convertible notes principle (2,000,000)
Net cash provided by financing activities 10,495,530 15,211,157
Net increase in cash 745,916 876,732
Cash, beginning of period 1,400,867 524,135
Cash, end of period 2,146,783 1,400,867
Supplemental disclosure of non-cash financing and investing activities:    
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
Conversion of Series C-1 Preferred Stock 20
Conversion of Series C-2 Preferred Stock 6,216,289
Beneficial conversion feature of Series C-2 convertible preferred stock 129,412
Beneficial conversion features associated with convertible notes payable 1,000,000
Dividends payable