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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2024
Accounting Policies [Abstract]  
Schedule of Revenues Earned from Company’s Operations

The following table summarizes the revenues earned from the Company’s operations for the three and nine months ended September 30, 2024 and 2023.

 

   2024   2023   2024   2023 
   For the Three Months Ended
September 30,
   For the Nine Months Ended
September 30,
 
   2024   2023   2024   2023 
Revenues from blockchain infrastructure operations                    
Staking to BTCS nodes  $276,393   $283,654   $1,027,591   $891,083 
Staking to third-party nodes   58,261    32,588    210,756    122,420 
Builder+   404,503    -    513,388    - 
Total revenues  $739,157   $316,242   $1,751,735   $1,013,503 
Schedule of Crypto Assets Earned From Validator Nodes

Crypto assets earned from BTCS validator nodes

 

   For the Three Months Ended
September 30,
   For the Nine Months Ended
September 30,
 
   2024   2023   2024   2023 
Asset  Token Rewards   Revenue ($USD)   Token Rewards   Revenue ($USD)   Token Rewards   Revenue ($USD)   Token Rewards   Revenue ($USD) 
Ethereum (ETH)   65   $180,487    85   $151,699    202   $610,153    292   $507,454 
Cosmos (ATOM)   13,603   $69,534    13,312   $106,982    37,334   $295,188    29,955   $292,238 
Akash (AKT)   6,151   $17,763    2,671   $2,263    16,971   $63,249    8,329   $4,467 
Kava (KAVA)   7,046   $2,508    12,500   $9,523    19,970   $12,065    35,903   $30,609 
Mina (MINA)   720   $319    2,880   $1,234    6,480   $6,404    10,080   $6,141 
Oasis Network (ROSE)   -   $-    26,321   $1,183    -   $3,254    76,972   $4,114 
Kusama (KSM)   288   $5,782    300   $6,416    576   $14,365    753   $20,788 
Avalanche (AVAX)   -   $-    -   $-    668   $18,491    646   $8,403 
NEAR Protocol (NEAR)   -   $-    1,606   $2,050    714   $4,422    4,293   $7,002 
Tezos (XTZ)   -   $-    385   $288    -   $-    1,998   $1,989 
Evmos (EVMOS)   -   $-    27,271   $2,016    -   $-    59,507   $7,878 
Total earned from BTCS validator nodes       $276,393        $283,654        $1,027,591        $891,083 
Schedule of Crypto Assets Earned From Third Party

Crypto assets earned from staking to third-party validator nodes

 

   For the Three Months Ended
September 30,
   For the Nine Months Ended
September 30,
 
   2024   2023   2024   2023 
Asset  Token Rewards   Revenue ($USD)   Token Rewards   Revenue ($USD)   Token Rewards   Revenue ($USD)   Token Rewards   Revenue ($USD) 
Axie Infinity (AXS)   5,796   $29,236    4,629   $23,755    16,949   $113,937    13,554   $93,096 
Solana (SOL)   97   $14,414    131   $2,860    355   $51,139    380   $7,972 
Polygon (POL fka MATIC)   6,851   $2,716    6,276   $3,676    19,395   $12,205    18,416   $15,470 
Polkadot (DOT)   398   $1,980    402   $1,898    1,134   $7,556    1,004   $5,359 
Evmos (EVMOS)   3,321   $66    -   $-    21,581   $1,275    -   $- 
Cardano (ADA)   1,683   $628    1,458   $399    5,010   $2,218    1,891   $523 
Tezos (XTZ)   594   $419    -   $-    1,266   $1,124    -   $- 
NEAR Protocol (NEAR)   1,881   $8,802    -   $-    3,767   $21,302    -   $- 
Total earned from staking to third-party validator nodes       $58,261        $32,588        $210,756        $122,420 
Schedule of Crypto Assets Earned From Ethereum

Crypto assets earned from Ethereum block building through Builder+

 

   For the Three Months Ended
September 30,
   For the Nine Months Ended
September 30,
 
   2024   2023   2024   2023 
Asset  Token Rewards   Revenue ($USD)   Token Rewards   Revenue ($USD)   Token Rewards   Revenue ($USD)   Token Rewards   Revenue ($USD) 
Ethereum (ETH)   152   $404,503    -   $-    186   $513,388    -   $- 
Total earned from Ethereum block building through Builder+   152   $404,503    -   $-    186   $513,388    -   $- 
Schedule of Costs of Revenues

The following table further details the costs of revenues for the three and nine months ended September 30, 2024 and 2023.

 

   2024   2023   2024   2023 
   For the Three Months
Ended September 30,
   For the Nine Months
Ended September 30,
 
   2024   2023   2024   2023 
Cost of staking revenues  $42,813   $83,100   $142,180   $278,726 
Cost of Builder+ revenues   500,495    -    730,601    - 
Total cost of revenues  $543,308   $83,100   $872,781   $278,726 
Schedule of Earnings Per Share Anti-diluted

The following financial instruments were not included in the diluted loss per share calculation for the three and nine months ended September 30, 2024 and 2023 because their effect was anti-dilutive:

 

   2024   2023 
   As of September 30, 
   2024   2023 
Warrants to purchase common stock   712,500    712,500 
Options   1,302,500    1,150,000 
Non-vested restricted stock awards units   1,806,373    1,631,399 
Total   3,821,373    3,493,899