Good Gaming (GMER) 10-Q 26 Sep 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Sep. 25, 2018
Document And Entity Information
Entity Registrant Name	GOOD GAMING, INC.
Entity Central Index Key	1,454,742
Document Type	10-Q
Document Period End Date	Jun. 30, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		33,178,237
Trading Symbol	GMER
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,018

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Current Assets
Cash and Cash Equivalents	$ 22,426	$ 61,037
Prepaid expenses	26,329
Due from Affiliate		700
Total Current Assets	48,755	61,737
Property and Equipment, Net	145,655	10,160
Gaming Software, Net	630,000	750,000
TOTAL ASSETS	824,410	821,897
Current Liabilities
Accounts Payable and Accrued Expenses	107,300	105,544
Derivative Liability	268,031	570,643
Notes Payable	13,440	13,440
Convertible Debentures, current	110,000	183,065
Due to Related Party- Tri State Phone Distribution, LLC	118,500
Total Current Liabilities	938,154	838,796
Total Liabilities	1,555,425	1,711,488
Stockholders' Deficit
Common Stock Authorized: 200,000,000 Common Shares, With a Par Value of $0.001 Per Share Issued and Outstanding: 30,460,826 and 2,881,424 Shares, respectively	30,461	2,881
Additional Paid-In Capital	4,367,080	3,996,373
Accumulated Deficit	(5,128,673)	(4,889,020)
Total Stockholders' Deficit	(731,015)	(889,591)
TOTAL LIABILITIES AND STOCKHOLDERÂ’S' DEFICIT	824,410	821,897
Series A Preferred Stock [Member]
Stockholders' Deficit
Preferred Stock	8	8
Series B Preferred Stock [Member]
Stockholders' Deficit
Preferred Stock	107	165
Series C Preferred Stock [Member]
Stockholders' Deficit
Preferred Stock	1	1
Series D Preferred Stock [Member]
Stockholders' Deficit
Preferred Stock	1
Series D Preferred Stock [Member]
Stockholders' Deficit
Preferred Stock		1
ViaOne Services, LLC [Member]
Current Liabilities
Notes Payable	$ 938,154	$ 838,796

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 2018	Dec. 31, 2017
Preferred stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	30,460,826	2,881,424
Common stock, shares outstanding	30,460,826	2,881,424
Series A Preferred Stock [Member]
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares issued	7,500	7,500
Preferred stock, shares outstanding	7,500	7,500
Series B Preferred Stock [Member]
Preferred stock, shares authorized	249,999	249,999
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares issued	106,511	164,781
Preferred stock, shares outstanding	106,511	164,781
Series C Preferred Stock [Member]
Preferred stock, shares authorized	1	1
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares issued	1	1
Preferred stock, shares outstanding	1	1
Series D Preferred Stock [Member]
Preferred stock, shares authorized	350
Preferred stock, par value	$ 0.001
Preferred stock, shares issued	210
Preferred stock, shares outstanding	210
Series D Preferred Stock [Member]
Preferred stock, shares authorized		350
Preferred stock, par value		$ 0.001
Preferred stock, shares issued		105
Preferred stock, shares outstanding		105

Consolidated Statement of Opera

Consolidated Statement of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Statement [Abstract]
Revenues	$ 22,974	$ 2,436	$ 57,706	$ 8,318
Cost of Revenues	(2,008)	36,810	(2,008)	71,358
Gross Profit	24,982	(34,374)	59,714	(63,040)
Operating Expenses
General & Administrative	28,697	35,890	48,298	57,914
Contract Labor	27,470	118,809	59,896	235,837
Payroll Expense	15,655		41,986
Depreciation and Amortization Expense	68,038	60,672	129,255	121,344
Professional Fees	116,270	27,825	219,367	51,025
Total Operating Expenses	256,130	243,196	498,802	466,120
Operating Loss	(231,148)	(277,570)	(439,088)	(529,160)
Other Income (Expense)
Interest Income				1,000
Interest Expense	(1,813)	(7,452)	(8,408)	(10,812)
Loss on Stock Conversions	(75,395)		(75,395)
Gain (Loss) on Change in Fair Value of Derivative Liability	38,288	(298,704)	283,238	(223,915)
Total Other Income (Loss)	(38,920)	(306,156)	199,435	(762,887)
Net Loss	$ (270,068)	$ (583,726)	$ (239,653)	$ (762,887)
Net Loss Per Share, Basic and Diluted	$ (0.01)	$ (0.29)	$ (.01)	$ (0.38)
Weighted Average Shares Outstanding	27,824,950	1,995,840	24,158,309	1,995,069

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Operating Activities
Net Loss	$ (239,653)	$ (762,887)
Adjustment To Reconcile Net Loss to Net Cash Used In Operating Activities
Depreciation and Amortization	129,255	121,344
Change In Fair Value Of Derivative Liability	(283,238)	223,915
Changes in operating assets and liabilities
Due from Affiliate	700
Prepaid expenses	(26,329)	(38,750)
Accounts Payable and Accrued Liabilities	2,546	37,051
Net Cash Provided By (Used in) Operating Activities	(416,719)	(419,327)
Investing Activities
Purchase of Property and Equipment	(26,250)
Net Cash Provided By (Used in) Investing Activities	(26,250)
Financing Activities
Repayment of Note Receivable		10,500
Proceeds From Note Payable
Proceeds From Sale Of Series D Preferred Stock	105,000
Due To ViaOne Services	299,358	455,000
Net Cash Provided By (Used In) Financing Activities	404,358	455,500
Change in Cash and Cash Equivalents	(38,611)	36,173
Cash and Cash Equivalents, Beginning Of Period	61,037	47,900
Cash and Cash Equivalents, End Of Period	22,426	84,073
Supplemental disclosure of cash flow information
Cash paid for interest
Cash paid for taxes
Non-Cash Investing And Financing Activities
Unpaid Property and Equipment Acquired	118,500
Common Shares Issued for Conversion Of Debt	293,229	6,585
Shares Issued For Acquisition Of Software

Nature of Operations and Contin

Nature of Operations and Continuance of Business	6 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations and Continuance of Business	1. Nature of Operations and Continuance of Business Good Gaming, Inc. (formerly “HDS International Corp.”, the “Company”) was incorporated on November 3, 2008 under the laws of the State of Nevada. The Company is a leading tournament gaming platform and online destination targeting over 250 million esports players and participants worldwide that want to compete at the high school or college level. A substantial portion of the Company’s activities have involved developing a business plan and establishing contacts and visibility in the marketplace and the Company has not generated any substantial revenue to date. Consolidation The accompanying condensed consolidated financial statements include the accounts and operations of the Company and its wholly owned subsidiary, Crypto Strategies Group, Inc. All intercompany accounts and transactions have been eliminated. Going Concern These consolidated financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has generated minimal revenues to date and has never paid any dividends and is unlikely to pay dividends or generate significant earnings in the immediate or foreseeable future. As of June 30, 2018, the Company had a working capital deficiency of $1,506,670 and an accumulated deficit of $5,128,673. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability to raise equity or debt financing, and the attainment of profitable operations from the Company’s future business. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern for a period of one year from the issuance of these financial statements. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete consolidated financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. For further information, refer to the audited consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017. Reclassifications Certain reclassifications have been made to the three and six months ended June 30, 2017 to the statement of operations and statement of cash flows to reflect consistency with the current presentation. Use of Estimates The preparation of consolidated financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the fair values of convertible debentures, derivative liability, stock-based compensation, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. Cash Equivalents The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents. Amounts receivable from credit card processors are also considered cash equivalents because they are both short-term and highly liquid in nature. Intangible Assets Intangible assets are carried at the purchased cost less accumulated amortization. Amortization is computed over the estimated useful lives of the respective assets, generally five years. Impairment of Long-Lived Assets Long-lived assets and certain identifiable intangible assets to be held and used are reviewed for impairment whenever events or changes in circumstance indicate that the carrying amount of such assets may not be recoverable. Determination of recoverability is based on an estimate of undiscounted future cash flows resulting from the use of the asset and its eventual disposition. Measurement of an impairment loss for long-lived assets and certain identifiable intangible assets that management expects to hold and use is based on the fair value of the asset. Long-lived assets and certain identifiable intangible assets to be disposed of are reported at the lower of carrying amount or fair value less costs to sell. Beneficial Conversion Features From time to time, the Company may issue convertible notes that may contain an embedded beneficial conversion feature. A beneficial conversion feature exists on the date a convertible note is issued when the fair value of the underlying common stock to which the note is convertible into is in excess of the remaining unallocated proceeds of the note after first considering the allocation of a portion of the note proceeds to the fair value of the warrants, if related warrants have been granted. The intrinsic value of the beneficial conversion feature is recorded as a debt discount with a corresponding amount to additional paid in capital. The debt discount is amortized to interest expense over the life of the note using the effective interest method. Derivative Liability From time to time, the Company may issue equity instruments that may contain an embedded derivative instrument which may result in a derivative liability. A derivative liability exists on the date the equity instrument is issued when there is a contingent exercise provision. The derivative liability is records at is fair value calculated by using an option pricing model. The fair value of the derivative liability is then calculated on each balance sheet date with the corresponding gains and losses recorded in the statement of operations. Basic and Diluted Net Loss Per Share The Company computes net loss per share in accordance with ASC 260, Earnings Per Share, which requires presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. At June 30, 2018, the Company had 21,630,200 (2017 – 8,779,119) potentially dilutive shares from outstanding convertible debentures. Income Taxes Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. Pursuant to ASC 740, the Company is required to compute tax asset benefits for net operating losses carried forward. The potential benefits of net operating losses have not been recognized in these consolidated financial statements because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years. Unrecognized tax positions, if ever recognized in the consolidated financial statements, are recorded in the statement of operations as part of the income tax provision. Our policy is to recognize interest and penalties accrued on uncertain tax positions, if any, as part of the income tax provision. The Company has no liabilities for uncertain tax positions. Unrecognized tax positions, if ever recognized in the consolidated financial statements, are recorded in the statement of operations as part of the income tax provision. The Company’s policy is to recognize interest and penalties accrued on uncertain tax positions, if any, as part of the income tax provision. The Company has no liabilities for uncertain tax positions. On March 22, 2017, tax reform legislation known as the Tax Cuts and Jobs Act (the “U.S. Tax Reform Act”) was enacted in the United States. The U.S. Tax Reform Act, among other things, reduced the U.S. corporate income tax rate from 35% to 21% beginning in 2018. On March 22, 2017, the SEC staff issued Staff Accounting Bulletin No. 118 (“SAB 118”), which provides guidance on how to account for the effects of the U.S. Tax Reform Act under ASC 740. Financial Instruments ASC 820, “Fair Value Measurements” and ASC 825, Financial Instruments, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument is categorized within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value: Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. Assets and liabilities measured at fair value on a recurring basis were presented on the Company’s consolidated balance sheet as at June 30, 2018 and 2017 as follows: Description Fair Value Measurements at June 30, 2018 Using Fair Value Hierarchy Total Level 1 Level 2 Level 3 Derivative liability $ 268,031 $ - $ - $ 268,031 Total $ 268,031 $ - $ - $ 268,031 Description Fair Value Measurements at June 30, 2017 Using Fair Value Hierarchy Total Level 1 Level 2 Level 3 Derivative liability $ 570,643 $ - $ - $ 570,643 Total $ 570,643 $ - $ - $ 570,643 The carrying values of all of our other financial instruments, which include accounts payable and accrued liabilities, and amounts due to related parties approximate their current fair values because of their nature and respective maturity dates or durations. Advertising Expenses Advertising expenses are included in general and administrative expenses in the consolidated Statements of Operations and are expensed as incurred. The Company incurred $12,272 in advertising and promotion expenses in the three months ended June 30, 2018. Revenue Recognition The company recognizes revenue when its customer obtains control of promised goods or services, in an amount that reflects the consideration which the company expects to receive in exchange for those goods or services. To determine revenue recognition for the arrangements that the company determines are within the scope of Topic 606, the company performs the following five steps: (1) identify the contract(s) with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when (or as) the entity satisfies a performance obligation. Revenues primarily include revenues from microtransactions revenues are derived from the sale of virtual goods to the Company’s players. Proceeds from the sales of virtual goods directly are recognized as revenues when a player uses the virtual goods. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers, which was amended in 2015 and 2016. The new revenue recognition standard relates to revenue from contracts with customers and will supersede nearly all current U.S. GAAP guidance on this topic and eliminate industry-specific guidance. The underlying principle is to use a five-step analysis of transactions to recognize revenue when promised goods or services are transferred to customers in an amount that reflects the consideration that is expected to be received for those goods or services. The standard, as amended, is effective for annual periods beginning December 15, 2017. The Company has implemented the ASU and the adoption of the standard did not impact our consolidated financial statements. The Company has implemented all other new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the consolidated financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Other Assets

Other Assets	6 Months Ended
	Jun. 30, 2018
Other Assets [Abstract]
Other Assets	3. Other Assets Property and Equipment consisted of the following: June 30, 2018 2017 Computers and servers $ 39,226 $ 13,440 Bitmining machines 118,500 - $ 157,726 $ 13,440 Accumulated Depreciation (12,071 ) (2,688 ) $ 145,655 $ 10,752 Depreciation expense for the six months ended June 30, 2018 and 2017 was $9,255 and $2,688, respectively. On February 17, 2016, the Company acquired Good Gaming’s assets including intellectual property, trademarks, software code, equipment and other from CMG Holdings Group, Inc. The Company valued the software purchased at $1,200,000. The software has a useful life of 5 years. During the three months ended March 31, 2018, the Company acquired two additional software servers for $26,250. Amortization for the six months ended June 30, 2018 and 2017 was $62,114 and $60,000, respectively. The software consisted of the following: June 30, 2018 2017 Software $ 1,200,000 $ 1,200,000 Accumulated Amortization (570,000 ) (330,000 ) $ 630,000 $ 870,000

Debt

Debt	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Debt	4. Debt Convertible Debentures On April 1, 2015, we entered into a transaction with Iconic whereby Iconic agreed to provide up to $600,000 through a structured convertible promissory note (the “2015 Iconic Note”), with funds to be received in tranches. The note bears interest of 10% and was due April 1, 2016. The initial proceeds of $40,000 was received on April 9, 2015, with $30,000 remitted and delivered to us, $4,000 retained by Iconic as an original issue discount, and $6,000 retained by Iconic for legal expenses. On February 17, 2016 as part of a settlement between Iconic and the Company, the 2015 Iconic Note along with a remaining balance of $8,300 from former JABRO-Asher notes were restructured to a principal amount of $25,000 with a due date of June 18, 2017 and an interest rate of 0%. Iconic is subject to strict lock-up and leak-out provisions. Additionally, as part of the February 2016 settlement with Iconic, Iconic funded $100,000 new debentures (the “$100,000 Convertible Promissory Note”) due August 2018 bearing 0% interest with the lender subject to strict lock-up and leak-out provisions. On June 27, 2017, Iconic’s $100,000 Convertible Promissory Note issued on February 18, 2016 was amended to reflect an advisement of the conversion price of $.10 cents to $.08 cents per common share. On July 5, 2017, Iconic converted $15,895 of its $100,000 Convertible Promissory Note. On July 25, 2017, Iconic converted $18,950 of its $100,000 Convertible Promissory Note. On January 23, 2018, Iconic converted $65,155 of its $100,000 Convertible Promissory Note. Accordingly, the $100,000 Convertible Promissory Note issued on February 18, 2016 was fully converted into 1,250,001 shares of the Company’s common stock. On April 15, 2015, the Company issued a convertible debenture with the principal amount of $100,000 to HGT Capital, LLC (“HGT”), a non-related party. During the quarter ended June 30, 2015, the Company received the first $50,000 in payment. The remaining $50,000 payment would be made at the request of the borrower. No additional payments have been made as of September 30, 2017. Under the terms of the debenture, the amount was unsecured and was due on October 16, 2016. The note is currently in default and bears an interest at 22% per annum. It was convertible into shares of common stock any time after the maturity date at a conversion rate of 50% of the average of the five lowest closing bid prices of the Company’s common stock for the thirty trading days ending one trading day prior to the date the conversion notice was sent by the holder to the Company. On September 21, 2018, the Company entered into a modification agreement with HGT with respect to the convertible promissory note which has a balance of $107,238. Pursuant to such modification agreement, all defaults were waived and it was agreed that such note will convert at a 25% discount to the market rather than the default rate. HGT also agreed to certain sale prohibitions which limit the amount of shares that they can sell in any month for the next three months. HGT also agreed to dismiss, with prejudice, the lawsuit that it had filed against the Company. On June 29, 2017, the Company issued to Iconic a 10% Convertible Promissory Note in the principal amount of $27,000 (the “2017 Iconic Note”). Upon the execution of such Note, the sum of $9,000 has been remitted and delivered to the Company. On August 14, 2017, Iconic remitted and delivered to the Company another $9,000. The Company is only required to repay the amount funded and the Company is not required to repay any unfunded portion of the 2017 Iconic Note. As of March 31, 2018, the Company has received a total $18,000 of the $27,000 principal amount. On April 16, 2018, the note was fully converted. As part of the asset purchase agreement between CMG Holdings Group, Inc. (“CMG Holdings”) and the Company, SirenGPS was issued the Company’s $60,000 0% convertible debenture that matures in August 2018. The debenture is convertible into the Company’s common stock at a 20% discount to the 20-day moving average of the Company’s common stock after a period of seven months. The debt is subject to strict lock-up and leak-out provisions. SirenGPS has agreed to sell this security to the Company or to an investor of the Company’s choice at face value. Recently, ViaOne purchased this debenture from SirenGPS.

Derivative Liabilities

Derivative Liabilities	6 Months Ended
	Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Liabilities	5. Derivative Liabilities The following inputs and assumptions were used to value the convertible debentures outstanding during the six months ended June 30, 2018 and June 30, 2017: The projected annual volatility for each valuation period was based on the historic volatility of the Company of 329.9% and 173% at June 30, 2018 and 2017, respectively. The risk free rate was 2.12% and 2.32% at June 30, 2018 and 2017, respectively. The expected life was one year and the dividend yield was 0% for each year. A summary of the activity of the derivative liability is shown below: Balance, December 31, 2017 $ 570,643 Conversions (19,374 ) Change in value (283,238 ) Balance, June 30, 2018 268,031

Common Stock

Common Stock	6 Months Ended
	Jun. 30, 2018
Equity [Abstract]
Common Stock	6. Common Stock Common Stock Transactions for the Year Ended December 31, 2017: On January 4, 2017, the Hillwinds Ocean Energy converted 70,000 shares of its common stock to 500 shares of Series B Preferred Stock. On January 5, 2017, Iconic converted $6,585 of convertible debt into 65,585 shares of the Company’s common stock. On July 5, 2017, Iconic converted $15,895 of convertible debt into 198,688 shares of the Company’s common stock. On July 13, 2017, a shareholder converted 1,000 shares of Series B Preferred Stock (“Series B Preferred Shares”) into 200,000 shares of the Company’s common stock. On July 25, 2017, Iconic converted $18,950 of convertible debt into 236,875 shares of the Company’s common stock. On August 11, 2017, an investor converted 1,250 Series B Preferred Shares into 250,000 shares of the Company’s common stock. At March 31, 2017, the Company had 21,891,805 shares of common stock reserved for issuance relating to convertible debentures and Series D Preferred Stock. Common Stock Transactions for the Six Months Ended June 30, 2018: On January 8, 2018, Silver Linings Management, LLC converted 15,000 shares of the Company’s Series B Preferred Stock into 3,000,000 shares of the Company’s common stock. On January 8, 2018, Britton & Associates converted 5,000 of the Company’s Series B Preferred Shares into 1,000,000 shares of the Company’s common stock. On January 9, 2018, ViaOne Services, LLC (“ViaOne”) converted $200,000 of its convertible note into 8,333,333 shares of the Company’s common stock. On January 12, 2018, SSB Trading converted 10,000 of the Company’s Series B Preferred Shares into 2,000,000 shares of the Company’s common stock. On January 12, 2018, CMG Holdings converted 5,605 of the Company’s Series B Preferred Shares into 1,211,000 common shares of the Company. On January 18, 2018, CMG Holdings converted 9,000 of the Company’s Series B Preferred Shares into 1,800,000 shares of the Company’s common stock. On January 23, 2018, Iconic converted $65,155 of its convertible note into 814,438 shares of the Company’s common stock. On January 26, 2018, Michael Tadin converted 5,000 of the Company’s Series B Preferred Shares into 1,000,000 shares of the Company’s common stock. On February 9, 2018, Vik Grover converted 8,665 of the Company’s Series B Preferred Shares into 1,733,000 shares of common stock of the Company.

Preferred Stock

Preferred Stock	6 Months Ended
	Jun. 30, 2018
Equity [Abstract]
Preferred Stock	7. Preferred Stock Our Articles of Incorporation authorize us to issue up to 2,250,350 shares of preferred stock, $0.001 par value. Of the 2,250,350 shares of authorized preferred stock, the total number of shares of Series A Preferred Stock the Corporation has the authority to issue is Two Million (2,000,000), par value $0.001 per share; the total number of shares of Series B Preferred Stock the Corporation has the authority to issue is Two Hundred Forty Nine thousand Nine Hundred and Ninety Nine (249,999), par value $0.001 per share; the total number of shares of Series C Preferred Stock the Corporation has the authority to issue is One (1), par value $0.001 per share; and the total number of shares of Series D Preferred Stock the Corporation has the authority to issue is three hundred and fifty (350), par value $0.001 per share. Our Board of Directors is authorized, without further action by the shareholders, to issue shares of preferred stock and to fix the designations, number, rights, preferences, privileges and restrictions thereof, including dividend rights, conversion rights, voting rights, terms of redemption, liquidation preferences and sinking fund terms. We believe that the Board of Directors’ power to set the terms of, and our ability to issue, preferred stock will provide flexibility in connection with possible financing or acquisition transactions in the future. The issuance of preferred stock, however, could adversely affect the voting power of holders of common stock and decrease the amount of any liquidation distribution to such holders. The presence of outstanding preferred stock could also have the effect of delaying, deterring or preventing a change in control of our company. As of June 30, 2018, we had 7,500 shares of our Series A Preferred Stock issued and outstanding. As of June 30, 2018, we had 106,511 shares of Series B Preferred Stock issued and outstanding. As of June 30, 2018, we had one (1) share of Series C Preferred Stock issued and outstanding. At June 30, 2018, we had 210 shares of Series D Preferred Stock issued and outstanding. The 7,500 issued and outstanding shares of Series A Preferred Stock are convertible into shares of common stock at a rate of 20 shares of common stock for each Series A Preferred Share. The 106,511 issued and outstanding shares of Series B Preferred Stock are convertible into shares of the Company’s common stock at a rate of 200 shares of common stock for each Series B Preferred Share. If all of our Series A and Series B Preferred Stock, issued and outstanding as of June 30, 2018 are converted into shares of common stock, the number of issued and outstanding shares of our common stock will increase by 21,452,200 shares. The one (1) share of Series C Preferred Stock, issued and outstanding, has voting rights equivalent to 51% of all shares entitled to vote and is held by ViaOne, a Company controlled by David Dorwart, the Company’s CEO. The 210 issued and outstanding shares of Series D Preferred Stock are convertible into shares of common stock at a rate of 125% of the conversion amount at a price that is the lower of 110% of the volume weighted average prices (“VWAP”) of the common stock on the closing date, the VWAP of the common stock on the conversion date or the VWAP of the common stock on the date prior to the conversion date. Series D Preferred Stock is convertible beginning 6 months from the issue date. At June 30, 2018, all of Series D Preferred Stock issued and outstanding was eligible to be converted to the Company’s common stock. The 210 issued and outstanding shares of Series D Preferred Stock are entitled to cumulative dividends at a rate of 5% of the face value of shares, or the number of shares multiplied by 1,000. The dividends commence to accrue on the issue date of the Series D Preferred Stock and continue accruing whether or not declared by the Board of the Company and whether or not there are sufficient earnings or surplus. The dividends are payable quarterly, with the first dividend date being March 31, 2017. The dividends are payable in cash or shares of the Company’s common stock. At June 30, 2018, the Company had $5,149 in cumulative unpaid dividends. On September 21, 2018, the Company entered into a modification agreement with RedDiamond Partners, Inc. (“RedDiamond”) relating to the remaining shares of Series D preferred stock held by RedDiamond. Pursuant to such agreement, the previous defaults under the Certificate of Designation relating to the Series D Preferred Stock were waived and accordingly the default provisions are not in effect anymore which would have allowed RedDiamond to convert at the default rate and instead will convert at a 25% discount to the average of the five lowest trading days out of the 20 days’ prior to conversion which was the original discount provided for in the agreement. The Company agreed to redeem 46.531 of the remaining 93.062 shares over the next 3 months and cancel such shares without conversion. RedDiamond also agreed to certain sale prohibitions which limit the amount of shares that they can sell in any month for the next three months. All of the Series A, B, C and D Preferred Stock have a liquidation preference to the common stock of the Company.

Warrant

Warrant	6 Months Ended
	Jun. 30, 2018
Warrant
Warrant	8. Warrant In connection with the $100,000 convertible debenture issued to HGT, the Company issued HGT a warrant to purchase 100,000 shares of the Company’s common stock at $1.00 per share. This warrant was not exercised as of June 30, 2018, is exercisable through April 15, 2020 and had a remaining life of 2.01 years as of June 30, 2018. The intrinsic value of the warrant at June 30, 2018 was zero as the exercise price exceeded the closing stock price.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2018
Related Party Transactions [Abstract]
Related Party Transactions	9. Related Party Transactions On or around April 7, 2016, Silver Linings Management, LLC funded the Company $13,439.50 in the form of convertible debentures secured by certain high-powered gaming machines purchased from XIDAX. Such note bears interest at a rate of 10% per annum payable in cash or kind at the option of the Company and became mature on April 1, 2018, and is convertible into Series B Preferred shares at the option of the holder at any time. Such note remained outstanding as of the date of this quarterly report and the holder and the Company were negotiating the terms to extend the note. On November 30, 2016, ViaOne purchased a Secured Promissory Note in a maximum initial principal amount of $150,000 issued by the Company to ViaOne. As additional advances were made by ViaOne to the Company, the principal amount of the Secured Promissory Note increased to $225,000 and $363,000 by amendments dated January 31, 2017 and March 1, 2017, respectively. On May 5, 2017, ViaOne delivered a default notice to the Company pursuant to Section 6 of the Note Purchase Agreement but subsequently extended the due date of the Secured Promissory Note and increased the funding amount to a maximum of One Million ($1,000,000) dollars. After giving the Company a fifteen (15)-day notice period to cure the default under the Stock Pledge Agreement dated November 30, 2016 entered by and among the Company, CMG and ViaOne (“Pledge Agreement”), ViaOne took possession of the Series C Preferred Stock, which was subject of the Pledge Agreement. The Secured Promissory Note as amended increased from time to time due to additional advances provided to the Company by ViaOne. On September 1, 2017, the Company executed an amended Employee Services Agreement with ViaOne, which stipulated that ViaOne would continue providing to the Company services relating to the Company’s human resources, marketing, advertising, accounting and financing for a monthly management fee of $25,000. The accrued monthly management fees in the amount of $175,000 at June 30, 2018, are convertible by ViaOne into the Company’s common stock at rate of 125% of the accrued fees at a conversion price of (i) $0.05 per share; or (ii) the VWAP of the common stock on the 14th day of each month if the 14th of that month is a trading day. In the event the 14th day of a month falls on a Saturday, Sunday, or a trading holiday, the VWAP of the Company’s common stock will be valued on the last trading day before the 14th day of the month. At June 30, 2018, the total amount owed by the Company to ViaOne was $938,154. The Company’s Chairman and Chief Executive Officer is the Chairman of ViaOne. Prepaid expenses consist of an insurance policy with a Company controlled by the Company’s Chairman and Chief Executive Officer.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	10. Income Taxes The Company has a net operating loss carried forward of $1,846,788 available to offset taxable income in future years which commence expiring in fiscal 2030. The significant components of deferred income tax assets and liabilities at June 30, 2018 and 2017 are as follows: 2018 2017 Net Operating Loss Carryforward $ 1,846,788 $ 1,203,424 Valuation allowance (1,846,788 ) $ (137,581 ) Net Deferred Tax Asset $ - $ - The income tax benefit has been computed by applying the weighted average income tax rates of the United States (federal and state rates) of 21% and 35%, respectively, to the net loss before income taxes calculated for each jurisdiction. The tax effect of the significant temporary differences, which comprise future tax assets and liabilities, are as follows: 2018 2017 Income tax recovery at statutory rate $ (50,327 ) $ (64,212 ) Valuation allowance change (50,327 ) $ (64,212 ) Provision for income taxes $ - $ -

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	11. Commitments and Contingencies HGT has filed a lawsuit against the Company, claiming breach of contract due to a default on a $50,000 junior loan made by HGT to HDS International Corp., our predecessor, in 2015. The Company has retained counsel to represent it on this matter and responded with affirmative defenses in the Supreme Court of New York. Oral argument on HGT’s motion for summary judgment was held on May 31, 2018. The Court reserved the decision. The Company intends to continue vigorously contesting this action.

Acquisition

Acquisition	6 Months Ended
	Jun. 30, 2018
Business Combinations [Abstract]
Acquisition	12. Acquisition On March 21, 2018, the Company announced the acquisition of Crypto Strategies Group, Inc. for consideration of $500. The Company intends to diversify its business and enter into the cryptocurrency market through such acquisition. As the acquisition was between the entities under common control with the Company, the assets and liabilities were recorded at their carrying amount on the date of transfer. On the date of transfer, Crypto Strategies Group, Inc. had no asset or liabilities.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	13. Subsequent Events On September 21, 2018, the Company entered into a modification agreement with RedDiamond Partners, Inc. (“RedDiamond”) relating to the remaining shares of Series D preferred stock held by RedDiamond. Pursuant to such agreement, the previous defaults under the Certificate of Designation relating to the Series D Preferred Stock were waived and accordingly the default provisions are not in effect anymore which would have allowed RedDiamond to convert at the default rate and instead will convert at a 25% discount to the average of the five lowest trading days out of the 20 days’ prior to conversion which was the original discount provided for in the agreement. The Company agreed to redeem 46.531 of the remaining 93.062 shares over the next 3 months and cancel such shares without conversion. RedDiamond also agreed to certain sale prohibitions which limit the amount of shares that they can sell in any month for the next three months. On September 21, 2018, the Company entered into a modification agreement with HGT with respect to the convertible promissory note which has a balance of $107,238. Pursuant to such modification agreement, all defaults were waived and it was agreed that such note will convert at a 25% discount to the market rather than the default rate. HGT also agreed to certain sale prohibitions which limit the amount of shares that they can sell in any month for the next three months. HGT also agreed to dismiss, with prejudice, the lawsuit that it had filed against the Company.

Summary of Significant Accoun19

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete consolidated financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. For further information, refer to the audited consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017.
Reclassifications	Reclassifications Certain reclassifications have been made to the three and six months ended June 30, 2017 to the statement of operations and statement of cash flows to reflect consistency with the current presentation.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the fair values of convertible debentures, derivative liability, stock-based compensation, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.
Cash Equivalents	Cash Equivalents The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents. Amounts receivable from credit card processors are also considered cash equivalents because they are both short-term and highly liquid in nature.
Intangible Assets	Intangible Assets Intangible assets are carried at the purchased cost less accumulated amortization. Amortization is computed over the estimated useful lives of the respective assets, generally five years.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets Long-lived assets and certain identifiable intangible assets to be held and used are reviewed for impairment whenever events or changes in circumstance indicate that the carrying amount of such assets may not be recoverable. Determination of recoverability is based on an estimate of undiscounted future cash flows resulting from the use of the asset and its eventual disposition. Measurement of an impairment loss for long-lived assets and certain identifiable intangible assets that management expects to hold and use is based on the fair value of the asset. Long-lived assets and certain identifiable intangible assets to be disposed of are reported at the lower of carrying amount or fair value less costs to sell.
Beneficial Conversion Features	Beneficial Conversion Features From time to time, the Company may issue convertible notes that may contain an embedded beneficial conversion feature. A beneficial conversion feature exists on the date a convertible note is issued when the fair value of the underlying common stock to which the note is convertible into is in excess of the remaining unallocated proceeds of the note after first considering the allocation of a portion of the note proceeds to the fair value of the warrants, if related warrants have been granted. The intrinsic value of the beneficial conversion feature is recorded as a debt discount with a corresponding amount to additional paid in capital. The debt discount is amortized to interest expense over the life of the note using the effective interest method.
Derivative Liability	Derivative Liability From time to time, the Company may issue equity instruments that may contain an embedded derivative instrument which may result in a derivative liability. A derivative liability exists on the date the equity instrument is issued when there is a contingent exercise provision. The derivative liability is records at is fair value calculated by using an option pricing model. The fair value of the derivative liability is then calculated on each balance sheet date with the corresponding gains and losses recorded in the statement of operations.
Basic and Diluted Net Loss Per Share	Basic and Diluted Net Loss Per Share The Company computes net loss per share in accordance with ASC 260, Earnings Per Share, which requires presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. At June 30, 2018, the Company had 21,630,200 (2017 – 8,779,119) potentially dilutive shares from outstanding convertible debentures.
Income Taxes	Income Taxes Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. Pursuant to ASC 740, the Company is required to compute tax asset benefits for net operating losses carried forward. The potential benefits of net operating losses have not been recognized in these consolidated financial statements because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years. Unrecognized tax positions, if ever recognized in the consolidated financial statements, are recorded in the statement of operations as part of the income tax provision. Our policy is to recognize interest and penalties accrued on uncertain tax positions, if any, as part of the income tax provision. The Company has no liabilities for uncertain tax positions. Unrecognized tax positions, if ever recognized in the consolidated financial statements, are recorded in the statement of operations as part of the income tax provision. The Company’s policy is to recognize interest and penalties accrued on uncertain tax positions, if any, as part of the income tax provision. The Company has no liabilities for uncertain tax positions. On March 22, 2017, tax reform legislation known as the Tax Cuts and Jobs Act (the “U.S. Tax Reform Act”) was enacted in the United States. The U.S. Tax Reform Act, among other things, reduced the U.S. corporate income tax rate from 35% to 21% beginning in 2018. On March 22, 2017, the SEC staff issued Staff Accounting Bulletin No. 118 (“SAB 118”), which provides guidance on how to account for the effects of the U.S. Tax Reform Act under ASC 740.
Financial Instruments	Financial Instruments ASC 820, “Fair Value Measurements” and ASC 825, Financial Instruments, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument is categorized within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value: Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. Assets and liabilities measured at fair value on a recurring basis were presented on the Company’s consolidated balance sheet as at June 30, 2018 and 2017 as follows: Description Fair Value Measurements at June 30, 2018 Using Fair Value Hierarchy Total Level 1 Level 2 Level 3 Derivative liability $ 268,031 $ - $ - $ 268,031 Total $ 268,031 $ - $ - $ 268,031 Description Fair Value Measurements at June 30, 2017 Using Fair Value Hierarchy Total Level 1 Level 2 Level 3 Derivative liability $ 570,643 $ - $ - $ 570,643 Total $ 570,643 $ - $ - $ 570,643 The carrying values of all of our other financial instruments, which include accounts payable and accrued liabilities, and amounts due to related parties approximate their current fair values because of their nature and respective maturity dates or durations.
Advertising Expenses	Advertising Expenses Advertising expenses are included in general and administrative expenses in the consolidated Statements of Operations and are expensed as incurred. The Company incurred $12,272 in advertising and promotion expenses in the three months ended June 30, 2018.
Revenue Recognition	Revenue Recognition The company recognizes revenue when its customer obtains control of promised goods or services, in an amount that reflects the consideration which the company expects to receive in exchange for those goods or services. To determine revenue recognition for the arrangements that the company determines are within the scope of Topic 606, the company performs the following five steps: (1) identify the contract(s) with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when (or as) the entity satisfies a performance obligation. Revenues primarily include revenues from microtransactions revenues are derived from the sale of virtual goods to the Company’s players. Proceeds from the sales of virtual goods directly are recognized as revenues when a player uses the virtual goods.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers, which was amended in 2015 and 2016. The new revenue recognition standard relates to revenue from contracts with customers and will supersede nearly all current U.S. GAAP guidance on this topic and eliminate industry-specific guidance. The underlying principle is to use a five-step analysis of transactions to recognize revenue when promised goods or services are transferred to customers in an amount that reflects the consideration that is expected to be received for those goods or services. The standard, as amended, is effective for annual periods beginning December 15, 2017. The Company has implemented the ASU and the adoption of the standard did not impact our consolidated financial statements. The Company has implemented all other new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the consolidated financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations. 3. Other Assets Property and Equipment consisted of the following: June 30, 2018 2017 Computers and servers $ 39,226 $ 13,440 Bitmining machines 118,500 - $ 157,726 $ 13,440 Accumulated Depreciation (12,071 ) (2,688 ) $ 145,655 $ 10,752 Depreciation expense for the six months ended June 30, 2018 and 2017 was $9,255 and $2,688, respectively. On February 17, 2016, the Company acquired Good Gaming’s assets including intellectual property, trademarks, software code, equipment and other from CMG Holdings Group, Inc. The Company valued the software purchased at $1,200,000. The software has a useful life of 5 years. During the three months ended March 31, 2018, the Company acquired two additional software servers for $26,250. Amortization for the six months ended June 30, 2018 and 2017 was $62,114 and $60,000, respectively. The software consisted of the following: June 30, 2018 2017 Software $ 1,200,000 $ 1,200,000 Accumulated Amortization (570,000 ) (330,000 ) $ 630,000 $ 870,000

Summary of Significant Accoun20

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis	Assets and liabilities measured at fair value on a recurring basis were presented on the Company’s consolidated balance sheet as at June 30, 2018 and 2017 as follows: Description Fair Value Measurements at June 30, 2018 Using Fair Value Hierarchy Total Level 1 Level 2 Level 3 Derivative liability $ 268,031 $ - $ - $ 268,031 Total $ 268,031 $ - $ - $ 268,031 Description Fair Value Measurements at June 30, 2017 Using Fair Value Hierarchy Total Level 1 Level 2 Level 3 Derivative liability $ 570,643 $ - $ - $ 570,643 Total $ 570,643 $ - $ - $ 570,643

Other Assets (Tables)

Other Assets (Tables)	6 Months Ended
	Jun. 30, 2018
Other Assets [Abstract]
Schedule of Property and Equipment	Property and Equipment consisted of the following: June 30, 2018 2017 Computers and servers $ 39,226 $ 13,440 Bitmining machines 118,500 - $ 157,726 $ 13,440 Accumulated Depreciation (12,071 ) (2,688 ) $ 145,655 $ 10,752
Schedule of Intangible Assets	The software consisted of the following: June 30, 2018 2017 Software $ 1,200,000 $ 1,200,000 Accumulated Amortization (570,000 ) (330,000 ) $ 630,000 $ 870,000

Derivative Liabilities (Tables)

Derivative Liabilities (Tables)	6 Months Ended
	Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Liability	A summary of the activity of the derivative liability is shown below: Balance, December 31, 2017 $ 570,643 Conversions (19,374 ) Change in value (283,238 ) Balance, June 30, 2018 268,031

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities	The significant components of deferred income tax assets and liabilities at June 30, 2018 and 2017 are as follows: 2018 2017 Net Operating Loss Carryforward $ 1,846,788 $ 1,203,424 Valuation allowance (1,846,788 ) $ (137,581 ) Net Deferred Tax Asset $ - $ -
Schedule of Components of Income Tax Expense	The tax effect of the significant temporary differences, which comprise future tax assets and liabilities, are as follows: 2018 2017 Income tax recovery at statutory rate $ (50,327 ) $ (64,212 ) Valuation allowance change (50,327 ) $ (64,212 ) Provision for income taxes $ - $ -

Nature of Operations and Cont24

Nature of Operations and Continuance of Business (Details Narrative) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Working capital deficiency	$ 1,506,670
Accumulated deficit	$ 5,128,673	$ 4,889,020

Summary of Significant Accoun25

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	Mar. 22, 2017	Jun. 30, 2018	Jun. 30, 2017
Accounting Policies [Abstract]
Estimated useful lives of intangible assets		5 years
Earnings Per Share, Potentially Dilutive Securities		21,630,200	8,779,119
Income tax description	On March 22, 2017, tax reform legislation known as the Tax Cuts and Jobs Act (the “U.S. Tax Reform Act”) was enacted in the United States. The U.S. Tax Reform Act, among other things, reduced the U.S. corporate income tax rate from 35% to 21% beginning in 2018.
U.S. corporate income tax rate	21.00%
Advertising and promotion expenses		$ 12,272

Summary of Significant Accoun26

Summary of Significant Accounting Policies - Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)	Jun. 30, 2018	Jun. 30, 2017
Derivative liability	$ 268,031	$ 570,643
Total	268,031	570,643
Level 1 [Member]
Derivative liability
Total
Level 2 [Member]
Derivative liability
Total
Level 3 [Member]
Derivative liability	268,031	570,643
Total	$ 268,031	$ 570,643

Other Assets (Details Narrative

Other Assets (Details Narrative) - USD ($)	Feb. 17, 2016	Mar. 31, 2018	Jun. 30, 2018	Jun. 30, 2017
Depreciation expenses			$ 9,255	$ 2,688
Payment to acquire software	$ 1,200,000
Estimated useful lives			5 years
Amortization of intangible assets			$ 62,114	$ 60,000
Two Additional Software [Member]
Payment to acquire software		$ 26,250

Other Assets - Schedule of Prop

Other Assets - Schedule of Property and Equipment (Details) - USD ($)	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Property and equipment, gross	$ 157,726		$ 13,440
Accumulated Depreciation	(12,071)		(2,668)
Property and equipment, net	145,655	$ 10,160	10,752
Computers and servers [Member]
Property and equipment, gross	39,226		13,440
Bitmining Machines [Member]
Property and equipment, gross	$ 118,500

Other Assets - Schedule of Inta

Other Assets - Schedule of Intangible Assets (Details) - USD ($)	Jun. 30, 2018	Jun. 30, 2017
Other Assets [Abstract]
Software	$ 1,200,000	$ 1,200,000
Accumulated Amortization	(570,000)	(330,000)
Total	$ 630,000	$ 870,000

Debt (Details Narrative)

Debt (Details Narrative)

Aug. 14, 2017USD ($)

Jul. 25, 2017USD ($)

Jul. 05, 2017USD ($)

Jun. 29, 2017USD ($)

Jun. 27, 2017USD ($)

Feb. 17, 2016USD ($)

Apr. 15, 2015USD ($)

Apr. 09, 2015USD ($)

Mar. 31, 2018USD ($)

Jan. 23, 2018USD ($)shares

Feb. 29, 2016USD ($)

Jun. 30, 2015USD ($)

Jun. 30, 2018USD ($)

Jun. 30, 2017USD ($)

Debt conversion, converted instrument, amount

$ 293,229

$ 6,585

Convertible Promissory Note [Member]

Debt conversion, converted instrument, amount

$ 18,950

$ 15,895

$ 65,155

Debt conversion, converted instrument, shares | shares

1,250,001

CMG Holdings Group, Inc [Member] | Asset Purchase Agreement [Member]

Due date

Aug. 31, 2018

Proceeds of debt receivable

$ 60,000

Debt conversion price, percentage

0.00%

Debt instrument, convertible, conversion ratio

0.20

Convertible Debentures [Member]

Debt instrument, face amount

$ 25,000

$ 100,000

Debt instrument, default rate

0.00%

0.00%

Due date

Jun. 18, 2017

Oct. 16, 2016

Aug. 31, 2018

Note payable

$ 8,300

Debt instrument, convertible, conversion ratio

0.50

Convertible Debentures [Member] | Iconic Holdings, LLC [Member]

Debt instrument, face amount

$ 100,000

Debt instrument, default rate

22.00%

Convertible debt payable

$ 50,000

Repayment of convertible debt

$ 50,000

Convertible Debentures [Member] | Iconic Holdings, LLC [Member]

Proceeds of debt receivable

$ 40,000

Remitted amount during period

30,000

Original issue discount

4,000

Legal expenses

$ 6,000

Convertible Debentures [Member] | Iconic Holdings, LLC [Member] | April 1, 2015 [Member]

Debt instrument, default rate

10.00%

Due date

Apr. 1, 2016

Convertible Debentures [Member] | Iconic Holdings, LLC [Member] | Maximum [Member] | April 1, 2015 [Member]

Debt instrument, face amount

$ 600,000

Convertible Promissory Note [Member]

Debt instrument, face amount

$ 27,000

$ 100,000

$ 100,000

Remitted amount during period

$ 9,000

Issue date

Feb. 18, 2016

Debt instrument interest rate

10.00%

Convertible Promissory Note [Member] | September 21, 2018 [Member]

Debt instrument, face amount

$ 107,238

Debt instrument, convertible, conversion ratio

0.25

Convertible Promissory Note [Member] | Maximum [Member]

Debt conversion price, percentage

0.10%

Convertible Promissory Note [Member] | Minimum [Member]

Debt conversion price, percentage

0.08%

Convertible Promissory Note [Member] | Iconic Holdings, LLC [Member]

Debt instrument, face amount

$ 27,000

Proceeds of debt receivable

$ 18,000

Remitted amount during period

$ 9,000

Convertible debt payable

$ 100,000

$ 100,000

$ 100,000

Derivative Liabilities (Details

Derivative Liabilities (Details Narrative)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Measurement Input, Price Volatility [Member]
Derivative [Line Items]
Fair value assumptions, expected volatility rate	329.90%	173.00%
Measurement Input, Risk Free Interest Rate [Member]
Derivative [Line Items]
Fair value assumptions, risk free interest rate	2.12%	2.32%
Measurement Input, Expected Term [Member]
Derivative [Line Items]
Fair value assumptions, expected term	1 year	1 year
Measurement Input, Expected Dividend Rate [Member]
Derivative [Line Items]
Fair value assumptions, dividend yield	0.00%	0.00%

Derivative Liabilities - Schedu

Derivative Liabilities - Schedule of Derivative Liability (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Liability, beginning			$ 570,643
Conversions			(19,374)
Change in value	$ (38,288)	$ 298,704	(283,238)	$ 223,915
Derivative Liability, ending	$ 268,031		$ 268,031

Common Stock (Details Narrative

Common Stock (Details Narrative) - USD ($)	Feb. 09, 2018	Jan. 26, 2018	Jan. 23, 2018	Jan. 18, 2018	Jan. 12, 2018	Jan. 09, 2018	Jan. 08, 2018	Aug. 11, 2017	Jul. 25, 2017	Jul. 13, 2017	Jul. 05, 2017	Jan. 05, 2017	Jan. 04, 2017	Jun. 30, 2018	Jun. 30, 2017	Mar. 31, 2017
Shares converted into stock					5,605		5,000
Shares issued convertible debt														$ 293,229	$ 6,585
Number of common shares issued for share conversion					1,211,000		1,000,000
Common stock reserved for issuance																21,891,805
HOEL [Member]
Shares converted into stock													70,000
Series B Preferred Stock [Member]
Shares converted into stock													500
Common Stock [Member]
Shares issued convertible debt			$ 65,155			$ 200,000			$ 18,950		$ 15,895	$ 6,585
Debt conversion, converted instrument, shares			814,438			8,333,333			236,875		198,688	65,585
Series B Preferred Stock [Member]
Shares converted into stock	8,665	5,000		9,000	10,000		15,000	1,250		1,000
Number of common shares issued for share conversion	1,733,000	1,000,000		1,800,000	2,000,000		3,000,000	250,000		200,000

Preferred Stock (Details Narrat

Preferred Stock (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Preferred stock, authorized	2,250,350
Preferred stock, par value	$ 0.001	$ 0.001
Cumulative unpaid dividends	$ 5,149
RedDiamond Partners, Inc [Member] | September 21, 2018 [Member]
Conversion price, percentage	25.00%
Redeemed preferred stock ,shares	46,531
Remaining shares of redeemed of preferred stock	93,062
Series A Preferred Stock [Member]
Preferred stock, authorized	2,000,000
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, issued	7,500	7,500
Preferred stock, outstanding	7,500	7,500
Preferred stock, conversion basis	20 shares of common stock
Conversion of preferred stock into common stock	7,500
Series B Preferred Stock [Member]
Preferred stock, authorized	249,999
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, issued	106,511	164,781
Preferred stock, outstanding	106,511	164,781
Preferred stock, conversion basis	200 shares of common stock
Conversion of preferred stock into common stock	106,511
Series C Preferred Stock [Member]
Preferred stock, authorized	1
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, issued	1	1
Preferred stock, outstanding	1	1
Preferred stock, voting rights	The one (1) share of Series C Preferred Stock, issued and outstanding, has voting rights equivalent to 51%
Series D Preferred Stock [Member]
Preferred stock, authorized	350
Preferred stock, par value	$ 0.001
Preferred stock, issued	210
Preferred stock, outstanding	210
Common Stock [Member]
Share increase	21,452,200
Series D Preferred Stock [Member]
Preferred stock, par value		$ 0.001
Preferred stock, issued		105
Preferred stock, outstanding		105
Conversion of preferred stock into common stock	210
Conversion price, percentage	125.00%
volume weighted average prices, percentage	1.10
Preferred stock cumulative dividend, percentage	5.00%
Stock issued during period, shares	1,000

Warrant (Details Narrative)

Warrant (Details Narrative)	6 Months Ended
	Jun. 30, 2018USD ($)$ / sharesshares
Warrant
Convertible debt	$ 100,000
Warrants issued to purchase common stock | shares	100,000
Exercise price of warrants | $ / shares	$ 1
Warrant exercisable period	Apr. 15, 2020
Warrant term	2 years 4 days
Warrant intrinsic value	$ 0

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	Sep. 01, 2017	May 05, 2017	Apr. 07, 2016	Jun. 30, 2018	Jun. 30, 2017	Mar. 05, 2017	Jan. 31, 2017	Nov. 30, 2016
Silver Linings Management, LLC [Member]
Due to related party			$ 13,440
Notes interest rate, percentage			10.00%
Debt maturity date			Apr. 1, 2018
ViaOne Services, LLC [Member]
Due to related party				$ 938,154
Debt instrument, principal amount						$ 363,000	$ 225,000	$ 150,000
Line of credit maximum borrowing		$ 1,000,000
Management fees	$ 25,000
Accrued management fees				$ 175,000
Conversion price, percentage				125.00%
Conversion price, per share					$ 0.05

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	Mar. 22, 2017	Jun. 30, 2018
Net operating loss carryforward		$ 1,846,788
Operating loss carryforwards expiration date		expiring in fiscal 2030
Federal statutory rate	21.00%
United States [Member]
Federal statutory rate		21.00%
State statutory rate		35.00%

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	Jun. 30, 2018	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Net Operating Loss Carryforward	$ 1,846,788	$ 1,203,424
Valuation allowance	(1,846,788)	(1,203,424)
Net Deferred Tax Asset

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Income Tax Expense (Details) - USD ($)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income tax recovery at statutory rate	$ (50,327)	$ (64,212)
Valuation allowance change	(50,327)	(64,212)
Provision for income taxes

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative)	12 Months Ended
	Dec. 31, 2015USD ($)
HGT [Member]
Loss on contract termination for default	$ 50,000

Acquisition (Details Narrative)

Acquisition (Details Narrative)	Mar. 21, 2018USD ($)
Business Combinations [Abstract]
Acquisition market price	$ 500

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Sep. 21, 2018	Jun. 29, 2017	Jun. 27, 2017	Feb. 29, 2016
Convertible Promissory Note [Member]
Debt instrument, face amount		$ 27,000	$ 100,000	$ 100,000
SubsequentEventMember | Convertible Promissory Note [Member]
Stock conversion percentage discount	25.00%
Debt instrument, face amount	$ 107,238
SubsequentEventMember | RedDiamond Partners, Inc [Member]
Stock conversion percentage discount	25.00%
Redeemed preferred stock ,shares	46,531
Remaining shares of redeemed of preferred stock	93,062