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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2023
Dec. 31, 2022
Net Cash flows used from operating activities:      
Net income (loss) $ 7,818,728 $ 7,818,728 $ (15,892,738)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation expense   5,033 4,039
Stock-based compensation   1,341,729 2,625,270
Validator revenue   (1,339,628) (1,692,454)
Blockchain network fees (non-cash)   1,321
Change in fair value of warrant liabilities   (1,638,750)
Sale of non-productive crypto assets   2,547,325
Realized gain on crypto assets transactions   604,269 (506,757)
Change in unrealized (appreciation) depreciation on crypto assets   (12,135,648)
Impairment loss on crypto assets   13,348,874
Changes in operating assets and liabilities:      
Stablecoins   (21,044)
Prepaid expenses and other current assets   61,266 200,824
Receivable for capital shares sold   (291,440)
Accounts payable and accrued expenses   (21,669) (62,332)
Accrued compensation   416,157 288,601
Net cash used in operating activities   (3,562,247) (776,777)
Cash flows from investing activities:      
Purchase of productive crypto assets for validating   (1,804,482) (9,453,024)
Sale of productive crypto assets   1,994,851 585,595
Purchase of investments   (100,000)
Purchase of property and equipment   (5,276) (5,408)
Sale of property and equipment   904
Net cash provided by (used in) investing activities   185,997 (8,972,837)
Cash flow from financing activities:      
Dividend distributions   (630,801)
Net proceeds from issuance common stock/ At-the-market offering   2,687,794 11,126,331
Net cash provided by financing activities   2,687,794 10,495,530
Net (decrease)/increase in cash   (688,456) 745,916
Cash, beginning of period   2,146,783 1,400,867
Cash, end of period $ 1,458,327 1,458,327 2,146,783
Supplemental disclosure of non-cash financing and investing activities:      
Series V Preferred Stock Distribution   $ 2,559,533