Waste Energy (WAST) 10-Q 15 May 20 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2020	May 15, 2020
Document And Entity Information
Entity Registrant Name	CurrencyWorks Inc.
Entity Central Index Key	0001515139
Document Type	10-Q
Document Period End Date	Mar. 31, 2020
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		23,756,033
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2020

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Current Assets
Cash and cash equivalents	$ 9,918	$ 1,269
Prepaid expenses	24,083	26,617
Prepaid expenses, related party	15,000	15,000
Total Current Assets	49,001	42,886
Investment, related party	37	37
Total Assets	49,038	42,923
Current Liabilities
Accounts payable and accrued expenses	84,184	227,707
Accounts payable and accrued expenses, related party	78,408	78,408
Loans payable, related party	536,340	526,340
Accrued interest, on loans payable, related party	15,186	8,500
Current portion of convertible notes	898,825	898,825
Current portion of interest on convertible notes	207,193	104,913
Total Current Liabilities	1,820,136	1,844,693
Convertible notes payable	101,500	101,500
Accrued interest on convertible notes	44,472	115,518
Total Liabilities	1,966,108	2,061,711
Commitments and Contingencies
Stockholders' Deficit
Common stock, $0.001 par value, 75,000,000 shares authorized; 23,756,033 and 23,756,033 shares issued and outstanding as at March 31, 2020 and December 31, 2019, respectively	23,755	23,755
Additional paid-in-capital	7,567,282	7,558,174
Accumulated deficit	(9,210,074)	(9,310,776)
Total CurrencyWorks Stockholders' Deficit	(1,619,037)	(1,728,847)
Non-controlling interest	(298,033)	(289,941)
Total Stockholders' Deficit	(1,917,070)	(2,018,788)
Total Liabilities and Stockholders' Equity	$ 49,038	$ 42,923

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	23,756,033	23,756,033
Common stock, shares outstanding	23,756,033	23,756,033

Condensed Consolidated Statemen

Condensed Consolidated Statement of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenues
Service revenue
Total revenues
Operating expenses
General and administrative expense	171,428	1,000,347
Consulting fees, related party		105,000
Service costs (reimbursements)	(26,957)	35,122
Total operating expenses	144,471	1,140,469
Net loss from operations	(144,471)	(1,140,469)
Other income (expense)
Other income	275,000
Interest income, related party		18,493
Note interest expense	(37,919)	(14,534)
Total other income (expense)	237,081	3,959
Provision for taxes
Net income/(loss)	92,610	(1,136,510)
Loss attributable to non-controlling interest	(8,092)
Net income (loss) attributable to CurrencyWorks	$ 100,702	$ (1,136,510)
Earnings (loss) per common share - Basic	$ 0	$ (0.05)
Earnings (loss) per common share - Diluted	$ 0
Weighted average number of common shares outstanding, basic	23,756,033	22,262,807
Weighted average number of common shares outstanding, diluted	27,256,033

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Operating activities
Net income (loss) for the period	$ 92,610	$ (1,136,510)
Adjustments to reconcile net income (loss) to net cash used in operating activities
Stock-based compensation	1,047	3,523	$ 2,979
Stock-based compensation, related party	8,061	30,095
Non-cash lease expense		45,404
Changes in operating assets and liabilities
Accounts receivable, related party		(30,000)
Prepaid expense	2,534	(14,166)
Deferred service costs		(250,088)
Accrued interest receivable, related party		(18,493)
Accounts payable and accrued expenses	(143,523)	31,762
Accounts payable and accrued expenses, related party		327,490
Accrued interest on loans payable, related party	6,686
Accrued interest on notes payable	31,234	14,534
Deferred revenue		250,000
Change in operating lease liability		(45,404)
Net cash used in operating activities	(1,351)	(791,853)
Investing activities
Repayment of loan issued to related party
Net cash provided by investing activities
Financing activities
Proceeds from issuance of loans payable, related party	10,000
Proceeds from issuance of loans payable		325,000
Net cash provided by financing activities	10,000	325,000
Net changes in cash and equivalents	8,649	(466,853)
Cash and equivalents at beginning of the period	1,269	898,142	898,142
Cash and equivalents at end of the period	9,918	431,289	$ 1,269
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid in interest
Cash paid for income taxes
Non-cash share issue costs
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES
Conversion of convertible debt		$ 75,000

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Stockholders' Equity (Deficit) (Unaudited) - USD ($)	Common Stock [Member]	Paid-in Capital [Member]	Accumulated Deficit [Member]	Non-Controlling Interest [Member]	Total
Balance at Dec. 31, 2018	$ 21,579	$ 6,959,881	$ (4,712,862)		$ 2,268,598
Balance, shares at Dec. 31, 2018	21,579,474
Stock-based compensation		3,523			3,523
Stock-based compensation, related party		30,095			30,095
Share issuance for conversion of debt	$ 750	74,250			75,000
Share issuance for conversion of debt, shares	750,000
Net loss for the period			(1,136,510)		(1,136,510)
Balance at Mar. 31, 2019	$ 22,329	7,067,749	(5,849,372)		1,240,706
Balance, shares at Mar. 31, 2019	22,329,474
Balance at Dec. 31, 2019	$ 23,755	7,558,174	(9,310,776)	(289,941)	(2,018,788)
Balance, shares at Dec. 31, 2019	23,756,033
Stock-based compensation		1,047			1,047
Stock-based compensation, related party		8,061			8,061
Net loss for the period			100,702	(8,092)	100,702
Balance at Mar. 31, 2020	$ 23,755	$ 7,567,282	$ (9,210,074)	$ (298,033)	$ (1,917,070)
Balance, shares at Mar. 31, 2020	23,756,033

Nature and Continuance of Opera

Nature and Continuance of Operations	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature and Continuance of Operations	1. NATURE AND CONTINUANCE OF OPERATIONS CurrencyWorks Inc. (the “Company”) was incorporated under the laws of the State of Nevada on July 20, 2010, with an authorized capital of 75,000,000 common shares, having a par value of $0.001 per share. During the period ended December 31, 2010, the Company commenced operations by issuing shares and developing its publishing service business, focused on representing authors to publishers. On February 14, 2018, the Company changed its name from “AppCoin Innovations Inc.” to “ICOx Innovations Inc.” On August 17, 2018, a subsidiary of the Company changed its name from “AppCoin Innovations (USA) Inc.” to “ICOx USA, Inc.” On November 19, 2018, we incorporated a new Delaware subsidiary, GN Innovations, Inc., to provide blockchain technology opportunities to the sports and entertainment industry by working with large and well-established brands. On November 28, 2018, we incorporated a new Delaware subsidiary, Cathio, Inc, to provide blockchain technology opportunities to the Catholic community. Effective December 5, 2018, we effected a name change for our subsidiary from “GN Innovations, Inc.” to “GN1, Inc.”. Effective February 6, 2019, we effected a name change for our subsidiary from “GN1, Inc.” to “sBetOne, Inc.”. On September 3, 2019, the Company changed its name from “ICOx Innovations Inc.” to “CurrencyWorks Inc.” and a subsidiary of the Company changed its name from “ICOx USA, Inc.” to “CurrencyWorks USA Inc.”. The Company’s business model is to provide a turnkey set of services for companies to develop and integrate blockchain and cryptocurrency technologies into their business operations. The Company will enable its customers to focus on their core competencies while providing the necessary resources and expertise to execute a strategy that will enable companies to integrate new blockchain plus cryptocurrency technologies into their business operations. The Company will be compensated on a fee-for-services model. The Company may also accept tokens or coins in payment for its services, to the extent permitted under applicable law. The Company’s services will include strategic planning, project planning, structure development and administration, business plan modeling, technology development support, whitepaper preparation, due diligence reporting, governance planning and management. Going Concern These unaudited condensed interim consolidated financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company has incurred losses since inception resulting in an accumulated deficit of $9,210,074 as of March 31, 2020 and further losses are anticipated in the pursuit of the Company’s new service business opportunity, raising substantial doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand, loans from directors and/or the private placement of common stock. The financial statements do not include any adjustments relating to the recoverability and classification of assets or the amounts and classifications 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	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The unaudited condensed interim consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles (“ GAAP Basis of Consolidation The unaudited condensed interim consolidated financial statements include the accounts of the Company and its subsidiaries. All intercompany transactions and balances have been eliminated. Unaudited Interim Financial Information The accompanying unaudited condensed interim consolidated financial statements and related notes have been prepared in accordance with U.S. GAAP for interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission (the “SEC”) to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The unaudited condensed interim consolidated financial statements reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to a fair statement of the results for the interim periods presented. Unaudited interim results are not necessarily indicative of the results for the full fiscal year. These unaudited condensed interim consolidated financial statements should be read in conjunction with the financial statements of the Company for the year ended December 31, 2019 and notes thereto contained in the information as part of the Company’s Annual Report on Form 10-K, which was filed with the SEC on March 26, 2019. Use of Estimates The preparation of unaudited condensed interim consolidated financial statements in conformity with GAAP 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 interim consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates and these differences could be material. Cash and Cash Equivalents Cash and cash equivalents include short-term, highly liquid investments, such as certificates of deposit or money market funds that are readily convertible to known amounts of cash and have original maturities of three months or less. All cash balances are held by major banking institutions. The carrying amounts of cash and cash equivalents, prepaid expenses, short-term loans receivable, trade payables and convertible notes payable approximate their fair value due to the short-term maturity of such instruments. Earnings per Share The Company computes earnings (loss) per share in accordance with ASC 105, “Earnings per Share” which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic earnings (loss) per share is computed by dividing net loss available to common stockholders by the weighted average number of outstanding common shares during the period. Diluted earnings (loss) per share gives effect to all dilutive potential common shares outstanding during the period. At March 31, 2020, common shares from the conversion of debt (shares) (Note 3) and outstanding of stock options (shares) (Note 8) have been included as their effect is dilutive. At March 31, 2019, common shares from the conversion of debt (12,019,929 shares) and stock options (2,980,554 shares) have been excluded as their effects are anti-dilutive. Revenue Recognition Revenue is recognized in accordance with FASB ASC Topic 606, Revenue Recognition. The Company primarily generates revenues from professional services consulting agreements. These arrangements are generally entered into on a contingent fee basis. There is no prepayment or retainer required prior to performing services and the entire fees is earned on a contingent basis. The Company also provides monthly post-business launch support services. The recurring monthly post-business launch support services are recognized as revenue each month that the subscription is maintained. The Company generally enters into arrangements for which revenues are contingent upon achieving a pre-determined deliverable or future outcome. Any contingent revenue for these arrangements is not recognized until the contingency is resolved and collectability is reasonably assured. Differences between the timing of billings and the recognition of revenue are recognized as either unbilled revenue (a component of accounts receivable) or deferred revenue on the consolidated balance sheet. Revenues recognized for services performed but not yet billed to clients are recorded as unbilled revenue. Reimbursable expenses, including those relating to travel, other out-of-pocket expenses and any third-party costs, are included as a component of revenues. Typically, an equivalent amount of reimbursable expenses are included in total direct client service costs. Taxes collected from customers and remitted to governmental authorities are presented in the statement of operations on a net basis. Deferred Revenue The Company’s policy is to defer revenue that relate to services that have not yet been performed. Deferred revenue is recognized when the service has been performed. Service Costs The Company’s policy is to defer direct service costs that relate to the earning of contingent fee revenue. These deferred costs are expensed when the contingent fee revenue is recognized or when the earning the contingent fee revenue is in doubt. Stock-Based Compensation The Company has adopted FASB guidance on stock-based compensation. Under FASB ASC 718-10-30-2, all share-based payments to employees, including grants of employee stock options, to be recognized in the income statement based on their fair values. The fair value of the options is calculated based off the Black Scholes valuation model. The Company has issued stock options to employees and non-employees. Stock options granted to non-employees for services or performance not yet rendered would be expensed over the service period or until the goals had been reached. The fair value calculation is recalculated at the end of every reporting period until the goal had been reached, when the expense has been wholly recognized.

Notes Payable

Notes Payable	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Notes Payable	3. NOTES PAYABLE The Company has convertible notes outstanding as at March 31, 2020 and are as follows: Start Date Maturity Date Rate Principal Interest Total Note 1 (1) 09-14-2015 09-14-2020 8 % $ 73,825 $ 50,549 $ 124,374 Note 2 (1) 12-30-2016 12-30-2021 8 % 50,000 22,597 72,597 Note 3 (1) 12-30-2016 12-30-2021 8 % 21,500 9,717 31,217 Note 4 (1) 03-02-2017 03-02-2022 8 % 20,000 8,428 28,428 Note 5 (1) 06-08-2017 06-08-2022 8 % 10,000 3,730 13,730 Note 6 (2) 10-30-2017 10-30-2020 10 % 250,000 60,479 310,479 Note 7 (2)(3) 10-30-2017 10-30-2020 10 % - 8,938 8,938 Note 8 02-13-2019 08-12-2020 15 % 25,000 4,233 29,233 Note 9 02-22-2019 08-21-2020 15 % 225,000 37,264 262,264 Note 10 02-27-2019 08-26-2020 15 % 50,000 8,178 58,178 Note 11 03-12-2019 09-11-2020 15 % 25,000 3,955 28,955 Note 12 09-05-2019 08-11-2020 15 % 250,000 33,596 283,596 Note 13 (4) 15-11-2019 5 % 50,000 938 50,938 Note 14 (4) 18-07-2019 5 % 250,000 8,802 258,802 Note 15 (4) 09-08-2019 5 % 25,000 805 25,805 Note 16 (4) 13-09-2019 5 % 45,000 1,233 46,233 Note 17 (4) 04-10-2019 5 % 91,180 2,236 93,416 Note 18 (4) 19-11-2019 5 % 30,160 549 30,709 Note 19 (4) 18-12-2019 5 % 35,000 499 35,499 Note 20 (4) 09-01-2020 5 % 10,000 125 10,125 Total $ 1,536,665 $ 266,850 $ 1,803,516 (1) The principal of the note, and the interest calculated up to November 30, 2018, may be converted into shares of common stock of the Company at a conversion price of $0.03 per share. (2) The note may be converted into shares of common stock of the Company at a conversion price of $0.10 per share. (3) The principal of the note has been converted into equity with the remaining interest outstanding to be payable. (4) These promissory notes are un-secured and payable on demand with no maturity date Notes 1 through 5 were initially entered into with an interest rate of 18% per annum. On November 5, 2018, amendment agreements were signed amending the interest rate to 8% per annum effective December 1, 2018. The amendments also state that the interest is payable only in cash on a quarterly basis commencing December 1, 2018 on March 31, June 30, September 30, and December 31 of each year until the Maturity Date or earlier on the date that all amounts owing under this Note are prepaid by the Company. The principal, and the interest calculated until November 30, 2018, may still be converted to shares. On January 8, 2019, the principal of Note 7 was converted into common shares at a conversion price of $0.10 per share for a share issuance of 750,000 shares. As at March 31, 2020, the interest accrued is still payable. Notes 8 through 11 were issued through sBetOne. The balances of the convertible notes outstanding as at December 31, 2019 were as follows: Start Date Maturity Date Rate Principal Interest Total Note 1 (1) 09-14-2015 09-14-2020 8 % $ 73,825 $ 49,077 $ 122,902 Note 2 (1) 12-30-2016 12-30-2021 8 % 50,000 21,600 71,600 Note 3 (1) 12-30-2016 12-30-2021 8 % 21,500 9,288 30,788 Note 4 (1) 03-02-2017 03-02-2022 8 % 20,000 8,028 28,028 Note 5 (1) 06-08-2017 06-08-2022 8 % 10,000 3,531 13,531 Note 6 (2) 10-30-2017 10-30-2020 10 % 250,000 54,247 304,247 Note 7 (2)(3) 10-30-2017 01-08-2019 10 % - 8,938 8,938 Note 8 13-02-2019 12-08-2020 15 % 25,000 3,298 28,298 Note 9 22-02-2019 21-08-2020 15 % 225,000 28,849 253,849 Note 10 27-02-2019 26-08-2020 15 % 50,000 6,308 56,308 Note 11 12-03-2019 11-09-2020 15 % 25,000 3,021 28,021 Note 12 09-05-2019 08-11-2020 15 % 250,000 24,247 274,247 Note 13 (4) 15-11-2019 5 % 50,000 315 50,315 Note 14 (4) 18-07-2019 5 % 250,000 5,685 255,685 Note 15 (4) 09-08-2019 5 % 25,000 493 25,493 Note 16 (4) 13-09-2019 5 % 45,000 672 45,672 Note 17 (4) 04-10-2019 5 % 91,180 1,099 92,279 Note 18 (4) 19-11-2019 5 % 30,160 174 30,334 Note 19 (4) 18-12-2019 5 % 35,000 62 35,062 Total $ 1,526,665 $ 228,932 $ 1,755,597 (1) The principal of the note, and the interest calculated up to November 30, 2018, may be converted into shares of common stock of the Company at a conversion price of $0.03 per share. (2) The note may be converted into shares of common stock of the Company at a conversion price of $0.10 per share. (3) The principal of the note has been converted into equity with the remaining interest outstanding to be payable. (4) These promissory notes are un-secured and payable on demand with no maturity date Based upon the balances as of March 31, 2020, the convertible notes and the related interest will come due in the following years: Principal Interest Total 2020 $ 1,435,165 $ 222,379 $ 1,657,544 2021 71,500 32,314 103,814 2022 30,000 12,158 42,158 Total $ 1,536,665 $ 266,851 $ 1,803,516

Notes Receivable - Related Part

Notes Receivable - Related Party	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Notes Receivable - Related Party	4. NOTES RECEIVABLE – RELATED PARTY Under the amended Agreement, Ryde Holding Inc. (“Ryde”) paid the Company $275,000 on February 7, 2020, which reduced the outstanding principal balance of the loan by $150,000 and outstanding interest of $125,000. As this was written down in 2019, this amount has been included in other income. Borrower agreed that the remaining unpaid principal balance of the loan and all accrued and unpaid interest, will be due and paid in full on or before the earlier of (a) December 31, 2021, and (b) March 31, 2021, provided, Borrower has Earnings Before Interest, Taxes, Depreciation and Amortization or EBITDA as defined under United States GAAP of more than $5,000,000, for the 12 month period ending December 31, 2020, as certified by an independent auditor appointed by Borrower. If Borrower does not provide such certified financial statements on or before March 31, 2021, Borrower agreed that the remaining unpaid principal balance of the loan and all accrued and unpaid interest, will be immediately due and paid in full. In addition, we terminated the Business Services Agreement (“BSA”) with Ryde Holding Inc. (“Customer”) dated December 29, 2017, as amended on March 15, 2018, July 9, 2018 and October 29, 2018. Customer agreed to issue to us 10 million KodakOne Tokens after their issuance. As per the BSA we had agreed to provide consulting of corporate development and governance, business development and technical services, business awareness services, financial and administrative services and media management services. In addition, we agreed to provide to Customer the monthly services from January 1, 2020 to December 31, 2020 consisting of board and corporate strategy management and board and corporate governance management. Customer has since acquired internal resources to provide the services as anticipated under the BSA and hence both the parties had mutually agreed to terminate the BSA in exchange for 10 million KodakOne Tokens which are to be issued after their issuance. On July 27, 2018, we entered into a loan agreement with Ryde whereby we provided to Ryde a loan in the principal amount of $500,000. This loan is unsecured, will mature on the earlier of eight (8) months from the date of issuance or the closing by Ryde of a minimum of $4,250,000 in financings, in the aggregate, whether through the sale of KodakCoins, equity, or otherwise and will bear interest at the rate of 12% interest per annum. However, any amounts not paid when due shall immediately commence accruing interest at the default rate of 18% per annum. As of December 31, 2019, interest of $23,474 has been accrued and earned. Effective Maturity Date Rate Principal Interest Total Note 1 (1) 07-09-2018 03-09-2019 2 % $ 750,000 $ 7,192 $ 757,192 Note 2 (1) 07-27-2018 03-27-2019 12 % 500,000 23,474 523,474 Total as at December 31, 2018 $ 1,250,000 $ 30,666 $ 1,280,666 Impairment as at September 30, 2019 $ (1.250,000 ) $ (30,666 ) $ (1,280,666 ) Total as at March 31, 2020 $ - $ - $ - (1) On February 7, 2020, Ryde made a payment of $275,000, of which $150,000 is related to principal payment and $125,000 for interest payment to the Company. As the loan payable was written off in Q3 2019, this amount has been recorded in other income for the quarter ended March 31, 2020.

Commitments

Commitments	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments	5. COMMITMENTS The Company has no outstanding commitments as at March 31, 2020.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2020
Related Party Transactions [Abstract]
Related Party Transactions	6. RELATED PARTY TRANSACTIONS In support of the Company’s efforts and cash requirements, it may rely on advances from stockholders until such time as the Company can support its operations through revenue generation or attain adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by stockholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The Company’s office premises were provided to it at no cost by one of its directors until April 30, 2018. This director did not take any fees for serving as director during the quarter ended March 31, 2020. In October 2017, the Company signed an agreement with a company in which the Company’s Chairman is a director, officer, and 30.5% shareholder, to provide strategic management. On June 26, 2018, the agreement was amended to pay $105,000 a month as of June 1, 2018 and pay a bonus of $280,000. On June 26, 2019, the Company signed an amended credit agreement where Business Instincts Group (“BIG”) cancelled $115,250 amount owed by the Company. On December 1, 2019, the agreement was amended to pay $1 a month as of December 1, 2019. As of March 31, 2020, the Company had trade and other payables owing to this related party of $1 (December 31, 2019 - $145,480). The Company also terminated the rental agreement as at December 31, 2019 with BIG with a monthly rental expense of $16,500 that was due to expire on February 28, 2020. Pursuant to the loan agreement with Ryde GmbH (“Borrower”) dated July 27, 2018, as amended on July 12, 2019 and September 30, 2019, we transferred to Borrower $500,000 on or about July 9, 2018 and $750,000 on or about July 27, 2018 and Borrower owes us $1,250,000, plus accrued interest. Under the Agreement, the parties agreed that commencing on January 1, 2020, interest will commence accruing on the outstanding principal balance of the loan at a rate of 6%per annum (previously 12% per annum for the $500,000 loan and 2% per annum for the $750,000 loan provided, however, any amounts not paid thereunder when due would have immediately commence accruing interest at a default rate of 18% per annum and 12% per annum respectively for both the loans) and if there is any default on the terms of the loan agreement, default interest at the lesser of 18% per annum and the highest rate permitted by applicable law will be deemed to have retroactively been accruing on the loan as of January 1, 2020 and will continue accrue until the earlier of the date such default is cured and the date the loan is repaid in full. The loan was written off in Q3 2019, any principle and interest payments received by Ryde are recorded as other income. In addition, under the Agreement, Borrower paid us $125,000 on or before February 7, 2020 as payment in full of all interest accrued under the loan agreement through December 31, 2019 and commencing on March 31, 2020, Borrower agreed to make quarterly interest only payments on or before the last day of each calendar quarter until such time as the loan is repaid in full. As this amount was written down in 2019, interest payments received by Ryde are recorded as other income. In addition, under the Agreement, Borrower paid us $150,000 on February 7, 2020, which will reduce the outstanding principal balance of the loan by $150,000. Borrower agreed that the remaining unpaid principal balance of the loan and all accrued and unpaid interest, will be due and paid in full on or before the earlier of (a) December 31, 2021, and (b) March 31, 2021, provided, Borrower has Earnings Before Interest, Taxes, Depreciation and Amortization or EBITDA as defined under United States GAAP of more than $5,000,000, for the 12 month period ending December 31, 2020, as certified by an independent auditor appointed by Borrower. If Borrower does not provide such certified financial statements on or before March 31, 2021, Borrower agreed that the remaining unpaid principal balance of the loan and all accrued and unpaid interest, will be immediately due and paid in full. As the loan payable was written off in 2019, payments received by Ryde GmbH are recorded as other income. On February 7, 2020, Borrower paid to us a total of $27,500 for expense reimbursement. In addition, we terminated the Business Services Agreement (“BSA”) with Ryde Holding Inc. (“Customer”) dated December 29, 2017, as amended on March 15, 2018, July 9, 2018 and October 29, 2018. Customer agreed to issue to us 10 million KodakOne Tokens after their issuance. As per the BSA we had agreed to provide consulting of corporate development and governance, business development and technical services, business awareness services, financial and administrative services and media management services. In addition, we agreed to provide to Customer the monthly services from January 1, 2020 to December 31, 2020 consisting of board and corporate strategy management and board and corporate governance management. Customer has since acquired internal resources to provide the services as anticipated under the BSA and hence both the parties had mutually agreed to terminate the BSA in exchange for 10 million KodakOne Tokens which are to be issued after their issuance. Our chairman and director, Cameron Chell, is a director, officer and an indirect shareholder of Business Instincts Group Inc. which owns 10% of the common stock of Ryde Holding Inc., the parent company of Ryde GmbH and he is also a director, officer and indirect shareholder of Blockchain Merchant Group, Inc. which owns 2.5% of the common stock of Ryde Holding Inc. Mr. Chell has also been a director and secretary of Ryde Holding Inc. from December 2017 and chairman of Ryde Holding Inc. from February 2018. From December 2017 to February 2018, our president, Bruce Elliott, served as the chief marketing officer of Ryde Holding Inc. Our chief financial officer, Swapan Kakumanu has also been the chief financial officer of Ryde Holding Inc. from October 2018. On February 7, 2020, we entered into an amendment to the loan agreement and termination of business services agreement (the “Agreement”) with Ryde GmbH (“Borrower”) and Ryde Holding Inc. (“Customer”), respectively. On December 4, 2018, the Company appointed Swapan Kakumanu as Chief Financial Officer. Previously, on October 9, 2017, the Company had signed an agreement with a company owned by Swapan Kakumanu to complete the accounting functions of the Company. As of March 31, 2020, the Company had trade and other payables owing to this related party of $11,692 (December 31, 2019 - $31,688)

Share Capital

Share Capital	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Share Capital	7. SHARE CAPITAL The Company’s common stock is issued at a $0.001 par value. 75,000,000 shares have been authorized. As at March 31, 2020, 23,756,033 shares were issued and outstanding (December 31, 2019 – 23,756,033).

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2020
Retirement Benefits [Abstract]
Stock-Based Compensation	8. STOCK-BASED COMPENSATION The Company has adopted the 2017 Equity Incentive Plan (“the Plan”) under which non-transferable options to purchase common shares of the Company may be granted to directors, officers, employees, or consultants of the Company. The terms of the Plan provide that the Board of Directors have the right to grant options to acquire common shares of the Company at not less than the closing market price of the shares on the day preceding the grant at terms of up to ten years. No amounts are paid or payable by the recipient on receipt of the options. As of December 31, 2019, the maximum number of options available for grant was 3,900,000 shares. As of March 31, 2020, there are 3,500,000 stock options issued (December 31, 2019 – 3,500,000) and 400,000 stock options unissued (December 31, 2019 – 500,000). On February 13, 2018, the Company granted a total of 100,000 stock options to a consultant. The stock options are exercisable at the exercise price of $0.60 per share for a period of ten years from the date of grant. The stock options are exercisable as follows: (i) 1/3 on the first anniversary date; (ii) 1/3 on the second anniversary date; and (iii) 1/3 on the third anniversary date. Stock options granted are valued at the fair value calculation based off the Black-Scholes valuation model. The weighted average assumptions used in the calculation are as follows: Three Months Ended March 31, 2020 2019 Share price $ 0.045 $ 0.25 Exercise price $ 0.60 $ 0.60 Time to maturity (years) 10 10 Risk-free interest rate 0.70 % 2.71 % Expected volatility 118.36 % 172.65 % Dividend per share $ 0.00 $ 0.00 Forfeiture rate Nil Nil Number of Options Weighted Average Grant-Date Fair Value ($) Weighted Average Exercise Price ($) Weighted Average Remaining Life (Yrs) Options outstanding, December 31, 2019 3,500,000 0.17 0.19 7.8 Granted - - - - Exercised - - - - Forfeited - - - - Options outstanding, March 31, 2020 3,500,000 0.17 0.19 7.5 Options exercisable, March 31, 2020 3,080,555 0.15 0.17 7.5 Cathio, Inc. (“Cathio”), a subsidiary of the Company, has issued nonvested shares to the management team of Cathio. sBetOne, Inc. (“sBetOne”), a subsidiary of the Company, has issued nonvested shares to a member of the Board of Directors of sBetOne. On March 22, 2019, sBetOne granted a total of 150,000 nonvested shares to a member of the Board of Directors of sBetOne. These nonvested shares vest 1/36 starting April 1, 2019 and at the beginning of the month for the following 35 months, have no exercise price, exercise immediately upon vesting, and do not expire except upon resignation of the employee or by a resolution by the Board of Directors. Nonvested shares are valued at the at the date of the grant at the fair value of the common stock and are expensed over the vesting period. As at the grant date of the nonvested shares, the fair value of the common stock was based upon the issuance of the founder shares at $0.0001 per share. On June 12, 2019, June 27, 2019, and June 28, 2019, sBetOne granted a total of 150,000 stock options to three advisors. The stock options are exercisable at the price of $0.01 per share for a period of ten years from the date of grant. The fair values of the stock options were $0.7880, $0.7380, and $0.7680, respectively. The stock options are exercisable as follows: (i) 1/2 upon the date of grant; and (ii) 1/2 on the first anniversary date. As of March 31, 2020, the stock-based compensation expense for sBetOne was $2,946 (December 31, 2019 – $2,979).

Non-Controlling Interest

Non-Controlling Interest	3 Months Ended
	Mar. 31, 2020
Noncontrolling Interest [Abstract]
Non-Controlling Interest	9. NON-CONTROLLING INTEREST The Company has three subsidiaries, CurrencyWorks USA Inc., Cathio, Inc., and sBetOne, Inc. The Company has 100% ownership of CurrencyWorks USA Inc. and Cathio, Inc. For sBetOne, Inc., on April 1, 2019, the Company transferred 2,000,000 of its shares to a third-party and cancelled 1,097,826 of its shares. Additionally, 2,097,826 shares of sBetOne, Inc. were issued to third-parties, reducing the Company’s ownership in this subsidiary to 59.02% The following table sets forth a summary of the changes in non-controlling interest: Quarter ended March 31 2020 Non-controlling interest at December 31, 2019 $ (289,941 ) Net loss (8,092 ) Non-controlling interest at March 31, 2020 $ (298,033 )

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2020
Subsequent Events [Abstract]
Subsequent Events	10. SUBSEQUENT EVENTS On January 30, 2020, the World Health Organization declared the coronavirus outbreak a “Public Health Emergency of International Concern” and on March 10, 2020, declared it to be a pandemic. Actions taken around the world to help mitigate the spread of the coronavirus include restrictions on travel, and quarantines in certain areas, and forced closures for certain types of public places and businesses. The coronavirus and actions taken to mitigate it have had and are expected to continue to have an adverse impact on the economies and financial markets of many countries, including the geographical area in which the Company operates. It is unknown how long these conditions will last and what the complete financial effect will be to the company. Our sBetOne project is currently on hold due to professional sports being shut down. We are vulnerable to the risk of a near-term severe impact if the risks related to Covid-19 negatively affect our ability to raise funds.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The unaudited condensed interim consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles (“ GAAP
Basis of Consolidation	Basis of Consolidation The unaudited condensed interim consolidated financial statements include the accounts of the Company and its subsidiaries. All intercompany transactions and balances have been eliminated.
Unaudited Interim Financial Information	Unaudited Interim Financial Information The accompanying unaudited condensed interim consolidated financial statements and related notes have been prepared in accordance with U.S. GAAP for interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission (the “SEC”) to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The unaudited condensed interim consolidated financial statements reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to a fair statement of the results for the interim periods presented. Unaudited interim results are not necessarily indicative of the results for the full fiscal year. These unaudited condensed interim consolidated financial statements should be read in conjunction with the financial statements of the Company for the year ended December 31, 2019 and notes thereto contained in the information as part of the Company’s Annual Report on Form 10-K, which was filed with the SEC on March 26, 2019.
Use of Estimates	Use of Estimates The preparation of unaudited condensed interim consolidated financial statements in conformity with GAAP 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 interim consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates and these differences could be material.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include short-term, highly liquid investments, such as certificates of deposit or money market funds that are readily convertible to known amounts of cash and have original maturities of three months or less. All cash balances are held by major banking institutions. The carrying amounts of cash and cash equivalents, prepaid expenses, short-term loans receivable, trade payables and convertible notes payable approximate their fair value due to the short-term maturity of such instruments.
Earnings Per Share	Earnings per Share The Company computes earnings (loss) per share in accordance with ASC 105, “Earnings per Share” which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic earnings (loss) per share is computed by dividing net loss available to common stockholders by the weighted average number of outstanding common shares during the period. Diluted earnings (loss) per share gives effect to all dilutive potential common shares outstanding during the period. At March 31, 2020, common shares from the conversion of debt (shares) (Note 3) and outstanding of stock options (shares) (Note 8) have been included as their effect is dilutive. At March 31, 2019, common shares from the conversion of debt (12,019,929 shares) and stock options (2,980,554 shares) have been excluded as their effects are anti-dilutive.
Revenue Recognition	Revenue Recognition Revenue is recognized in accordance with FASB ASC Topic 606, Revenue Recognition. The Company primarily generates revenues from professional services consulting agreements. These arrangements are generally entered into on a contingent fee basis. There is no prepayment or retainer required prior to performing services and the entire fees is earned on a contingent basis. The Company also provides monthly post-business launch support services. The recurring monthly post-business launch support services are recognized as revenue each month that the subscription is maintained. The Company generally enters into arrangements for which revenues are contingent upon achieving a pre-determined deliverable or future outcome. Any contingent revenue for these arrangements is not recognized until the contingency is resolved and collectability is reasonably assured. Differences between the timing of billings and the recognition of revenue are recognized as either unbilled revenue (a component of accounts receivable) or deferred revenue on the consolidated balance sheet. Revenues recognized for services performed but not yet billed to clients are recorded as unbilled revenue. Reimbursable expenses, including those relating to travel, other out-of-pocket expenses and any third-party costs, are included as a component of revenues. Typically, an equivalent amount of reimbursable expenses are included in total direct client service costs. Taxes collected from customers and remitted to governmental authorities are presented in the statement of operations on a net basis.
Deferred Revenue	Deferred Revenue The Company’s policy is to defer revenue that relate to services that have not yet been performed. Deferred revenue is recognized when the service has been performed.
Service Costs	Service Costs The Company’s policy is to defer direct service costs that relate to the earning of contingent fee revenue. These deferred costs are expensed when the contingent fee revenue is recognized or when the earning the contingent fee revenue is in doubt.
Stock-Based Compensation	Stock-Based Compensation The Company has adopted FASB guidance on stock-based compensation. Under FASB ASC 718-10-30-2, all share-based payments to employees, including grants of employee stock options, to be recognized in the income statement based on their fair values. The fair value of the options is calculated based off the Black Scholes valuation model. The Company has issued stock options to employees and non-employees. Stock options granted to non-employees for services or performance not yet rendered would be expensed over the service period or until the goals had been reached. The fair value calculation is recalculated at the end of every reporting period until the goal had been reached, when the expense has been wholly recognized.

Notes Payable (Tables)

Notes Payable (Tables)	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Schedule of Convertible Notes Outstanding	The Company has convertible notes outstanding as at March 31, 2020 and are as follows: Start Date Maturity Date Rate Principal Interest Total Note 1 (1) 09-14-2015 09-14-2020 8 % $ 73,825 $ 50,549 $ 124,374 Note 2 (1) 12-30-2016 12-30-2021 8 % 50,000 22,597 72,597 Note 3 (1) 12-30-2016 12-30-2021 8 % 21,500 9,717 31,217 Note 4 (1) 03-02-2017 03-02-2022 8 % 20,000 8,428 28,428 Note 5 (1) 06-08-2017 06-08-2022 8 % 10,000 3,730 13,730 Note 6 (2) 10-30-2017 10-30-2020 10 % 250,000 60,479 310,479 Note 7 (2)(3) 10-30-2017 10-30-2020 10 % - 8,938 8,938 Note 8 02-13-2019 08-12-2020 15 % 25,000 4,233 29,233 Note 9 02-22-2019 08-21-2020 15 % 225,000 37,264 262,264 Note 10 02-27-2019 08-26-2020 15 % 50,000 8,178 58,178 Note 11 03-12-2019 09-11-2020 15 % 25,000 3,955 28,955 Note 12 09-05-2019 08-11-2020 15 % 250,000 33,596 283,596 Note 13 (4) 15-11-2019 5 % 50,000 938 50,938 Note 14 (4) 18-07-2019 5 % 250,000 8,802 258,802 Note 15 (4) 09-08-2019 5 % 25,000 805 25,805 Note 16 (4) 13-09-2019 5 % 45,000 1,233 46,233 Note 17 (4) 04-10-2019 5 % 91,180 2,236 93,416 Note 18 (4) 19-11-2019 5 % 30,160 549 30,709 Note 19 (4) 18-12-2019 5 % 35,000 499 35,499 Note 20 (4) 09-01-2020 5 % 10,000 125 10,125 Total $ 1,536,665 $ 266,850 $ 1,803,516 (1) The principal of the note, and the interest calculated up to November 30, 2018, may be converted into shares of common stock of the Company at a conversion price of $0.03 per share. (2) The note may be converted into shares of common stock of the Company at a conversion price of $0.10 per share. (3) The principal of the note has been converted into equity with the remaining interest outstanding to be payable. (4) These promissory notes are un-secured and payable on demand with no maturity date The balances of the convertible notes outstanding as at December 31, 2019 were as follows: Start Date Maturity Date Rate Principal Interest Total Note 1 (1) 09-14-2015 09-14-2020 8 % $ 73,825 $ 49,077 $ 122,902 Note 2 (1) 12-30-2016 12-30-2021 8 % 50,000 21,600 71,600 Note 3 (1) 12-30-2016 12-30-2021 8 % 21,500 9,288 30,788 Note 4 (1) 03-02-2017 03-02-2022 8 % 20,000 8,028 28,028 Note 5 (1) 06-08-2017 06-08-2022 8 % 10,000 3,531 13,531 Note 6 (2) 10-30-2017 10-30-2020 10 % 250,000 54,247 304,247 Note 7 (2)(3) 10-30-2017 01-08-2019 10 % - 8,938 8,938 Note 8 13-02-2019 12-08-2020 15 % 25,000 3,298 28,298 Note 9 22-02-2019 21-08-2020 15 % 225,000 28,849 253,849 Note 10 27-02-2019 26-08-2020 15 % 50,000 6,308 56,308 Note 11 12-03-2019 11-09-2020 15 % 25,000 3,021 28,021 Note 12 09-05-2019 08-11-2020 15 % 250,000 24,247 274,247 Note 13 (4) 15-11-2019 5 % 50,000 315 50,315 Note 14 (4) 18-07-2019 5 % 250,000 5,685 255,685 Note 15 (4) 09-08-2019 5 % 25,000 493 25,493 Note 16 (4) 13-09-2019 5 % 45,000 672 45,672 Note 17 (4) 04-10-2019 5 % 91,180 1,099 92,279 Note 18 (4) 19-11-2019 5 % 30,160 174 30,334 Note 19 (4) 18-12-2019 5 % 35,000 62 35,062 Total $ 1,526,665 $ 228,932 $ 1,755,597 (1) The principal of the note, and the interest calculated up to November 30, 2018, may be converted into shares of common stock of the Company at a conversion price of $0.03 per share. (2) The note may be converted into shares of common stock of the Company at a conversion price of $0.10 per share. (3) The principal of the note has been converted into equity with the remaining interest outstanding to be payable. (4) These promissory notes are un-secured and payable on demand with no maturity date
Schedule of Convertible Notes	Based upon the balances as of March 31, 2020, the convertible notes and the related interest will come due in the following years: Principal Interest Total 2020 $ 1,435,165 $ 222,379 $ 1,657,544 2021 71,500 32,314 103,814 2022 30,000 12,158 42,158 Total $ 1,536,665 $ 266,851 $ 1,803,516

Notes Receivable - Related Pa_2

Notes Receivable - Related Party (Tables)	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Schedule of Notes Receivable	As of December 31, 2019, interest of $23,474 has been accrued and earned. Effective Maturity Date Rate Principal Interest Total Note 1 (1) 07-09-2018 03-09-2019 2 % $ 750,000 $ 7,192 $ 757,192 Note 2 (1) 07-27-2018 03-27-2019 12 % 500,000 23,474 523,474 Total as at December 31, 2018 $ 1,250,000 $ 30,666 $ 1,280,666 Impairment as at September 30, 2019 $ (1.250,000 ) $ (30,666 ) $ (1,280,666 ) Total as at March 31, 2020 $ - $ - $ - (1)

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2020
Retirement Benefits [Abstract]
Schedule of Assumption Used	The weighted average assumptions used in the calculation are as follows: Three Months Ended March 31, 2020 2019 Share price $ 0.045 $ 0.25 Exercise price $ 0.60 $ 0.60 Time to maturity (years) 10 10 Risk-free interest rate 0.70 % 2.71 % Expected volatility 118.36 % 172.65 % Dividend per share $ 0.00 $ 0.00 Forfeiture rate Nil Nil
Schedule of Stock Option Activity	Number of Options Weighted Average Grant-Date Fair Value ($) Weighted Average Exercise Price ($) Weighted Average Remaining Life (Yrs) Options outstanding, December 31, 2019 3,500,000 0.17 0.19 7.8 Granted - - - - Exercised - - - - Forfeited - - - - Options outstanding, March 31, 2020 3,500,000 0.17 0.19 7.5 Options exercisable, March 31, 2020 3,080,555 0.15 0.17 7.5

Non-Controlling Interest (Table

Non-Controlling Interest (Tables)	3 Months Ended
	Mar. 31, 2020
Noncontrolling Interest [Abstract]
Summary of Changes in Non-Controlling Interest	The following table sets forth a summary of the changes in non-controlling interest: Quarter ended March 31 2020 Non-controlling interest at December 31, 2019 $ (289,941 ) Net loss (8,092 ) Non-controlling interest at March 31, 2020 $ (298,033 )

Nature and Continuance of Ope_2

Nature and Continuance of Operations (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
State or country of incorporation	NV
Date of incorporation	Jul. 20, 2010
Common stock, shares authorized	75,000,000	75,000,000
Common stock, par value	$ 0.001	$ 0.001
Accumulated deficit	$ (9,210,074)	$ (9,310,776)

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details Narrative) - shares	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Conversion of Debt [Member]
Number of antidilutive common shares excluded	12,019,929	2,980,554

Notes Payable (Details Narrativ

Notes Payable (Details Narrative) - USD ($)	Mar. 31, 2020	Feb. 07, 2020	Dec. 31, 2019	Jan. 08, 2019	Nov. 05, 2018
Notes payable interest rate	18.00%		18.00%
Debt conversion price per share				$ 0.10
Debt issuance cost		$ 150,000		$ 750,000
Amendment Agreements [Member]
Notes payable interest rate					8.00%

Notes Payable - Schedule of Con

Notes Payable - Schedule of Convertible Notes Outstanding (Details) - USD ($)		3 Months Ended	12 Months Ended
		Mar. 31, 2020	Dec. 31, 2019	Feb. 07, 2020	Jan. 08, 2019
Rate		18.00%	18.00%
Principal				$ 150,000	$ 750,000
Interest		$ 207,193	$ 104,913
Convertible Notes Payable One [Member]
Start Date	[1]	Sep. 14, 2015	Sep. 14, 2015
Maturity Date	[1]	Sep. 14, 2020	Sep. 14, 2020
Rate	[1]	8.00%	8.00%
Principal	[1]	$ 73,825	$ 73,825
Interest	[1]	50,549	49,077
Total	[1]	$ 124,374	$ 122,902
Convertible Notes Payable Two [Member]
Start Date	[1]	Dec. 30, 2016	Dec. 30, 2016
Maturity Date	[1]	Dec. 30, 2021	Dec. 30, 2021
Rate	[1]	8.00%	8.00%
Principal	[1]	$ 50,000	$ 50,000
Interest	[1]	22,597	21,600
Total	[1]	$ 72,597	$ 71,600
Convertible Notes Payable Three [Member]
Start Date	[1]	Dec. 30, 2016	Dec. 30, 2016
Maturity Date	[1]	Dec. 30, 2021	Dec. 30, 2021
Rate	[1]	8.00%	8.00%
Principal	[1]	$ 21,500	$ 21,500
Interest	[1]	9,717	9,288
Total	[1]	$ 31,217	$ 30,788
Convertible Notes Payable Four [Member]
Start Date	[1]	Mar. 2, 2017	Mar. 2, 2017
Maturity Date	[1]	Mar. 2, 2022	Mar. 2, 2022
Rate	[1]	8.00%	8.00%
Principal	[1]	$ 20,000	$ 20,000
Interest	[1]	8,428	8,028
Total	[1]	$ 28,428	$ 28,028
Convertible Notes Payable Five [Member]
Start Date	[1]	Jun. 8, 2017	Jun. 8, 2017
Maturity Date	[1]	Jun. 8, 2022	Jun. 8, 2022
Rate	[1]	8.00%	8.00%
Principal	[1]	$ 10,000	$ 10,000
Interest	[1]	3,730	3,531
Total	[1]	$ 13,730	$ 13,531
Convertible Notes Payable Six [Member]
Start Date	[2]	Oct. 30, 2017	Oct. 30, 2017
Maturity Date	[2]	Oct. 30, 2020	Oct. 30, 2020
Rate	[2]	10.00%	10.00%
Principal	[2]	$ 250,000	$ 250,000
Interest	[2]	60,479	54,247
Total	[2]	$ 310,479	$ 304,247
Convertible Notes Payable Seven [Member]
Start Date	[2],[3]	Oct. 30, 2017	Oct. 30, 2017
Maturity Date	[2],[3]	Oct. 30, 2020	Jan. 8, 2019
Rate	[2],[3]	10.00%	10.00%
Principal	[2],[3]
Interest	[2],[3]	8,938	8,938
Total	[2],[3]	$ 8,938	$ 8,938
Convertible Notes Payable Eight [Member]
Start Date		Feb. 13, 2019	Feb. 13, 2019
Maturity Date		Dec. 8, 2020	Dec. 8, 2020
Rate		15.00%	15.00%
Principal		$ 25,000	$ 25,000
Interest		4,233	3,298
Total		$ 29,233	$ 28,298
Convertible Notes Payable Nine [Member]
Start Date		Feb. 22, 2019	Feb. 22, 2019
Maturity Date		Aug. 21, 2020	Aug. 21, 2020
Rate		15.00%	15.00%
Principal		$ 225,000	$ 225,000
Interest		37,264	28,849
Total		$ 262,264	$ 253,849
Convertible Notes Payable Ten [Member]
Start Date		Feb. 27, 2019	Feb. 27, 2019
Maturity Date		Aug. 26, 2020	Aug. 26, 2020
Rate		15.00%	15.00%
Principal		$ 50,000	$ 50,000
Interest		8,178	6,308
Total		$ 58,178	$ 56,308
Convertible Notes Payable Eleven [Member]
Start Date		Dec. 3, 2019	Dec. 3, 2019
Maturity Date		Nov. 9, 2020	Nov. 9, 2020
Rate		15.00%	15.00%
Principal		$ 25,000	$ 25,000
Interest		3,955	3,021
Total		$ 28,955	$ 28,021
Convertible Notes Payable Twelve [Member]
Start Date		Sep. 5, 2019	Sep. 5, 2019
Maturity Date		Aug. 11, 2020	Aug. 11, 2020
Rate		15.00%	15.00%
Principal		$ 250,000	$ 250,000
Interest		33,596	24,247
Total		$ 283,596	$ 274,247
Convertible Notes Payable Thirteen [Member]
Start Date	[4]	Nov. 15, 2019	Nov. 15, 2019
Rate	[4]	5.00%	5.00%
Principal	[4]	$ 50,000	$ 50,000
Interest	[4]	938	315
Total	[4]	$ 50,938	$ 50,315
Convertible Notes Payable Fourteen [Member]
Start Date	[4]	Jul. 18, 2019	Jul. 18, 2019
Rate	[4]	5.00%	5.00%
Principal	[4]	$ 250,000	$ 250,000
Interest	[4]	8,802	5,685
Total	[4]	$ 258,802	$ 255,685
Convertible Notes Payable Fifteen [Member]
Start Date	[4]	Sep. 8, 2019	Sep. 8, 2019
Rate	[4]	5.00%	5.00%
Principal	[4]	$ 25,000	$ 25,000
Interest	[4]	805	493
Total	[4]	$ 25,805	$ 25,493
Convertible Notes Payable Sixteen [Member]
Start Date	[4]	Sep. 13, 2019	Sep. 13, 2019
Rate	[4]	5.00%	5.00%
Principal	[4]	$ 45,000	$ 45,000
Interest	[4]	1,233	672
Total	[4]	$ 46,233	$ 45,672
Convertible Notes Payable Seventeen [Member]
Start Date	[4]	Apr. 10, 2019	Apr. 10, 2019
Rate	[4]	5.00%	5.00%
Principal	[4]	$ 91,180	$ 91,180
Interest	[4]	2,236	1,099
Total	[4]	$ 93,416	$ 92,279
Convertible Notes Payable Eighteen [Member]
Start Date	[4]	Nov. 19, 2019	Nov. 19, 2019
Rate	[4]	5.00%	5.00%
Principal	[4]	$ 30,160	$ 30,160
Interest	[4]	549	174
Total	[4]	$ 30,709	$ 30,334
Convertible Notes Payable Nineteen [Member]
Start Date	[4]	Dec. 18, 2019	Dec. 18, 2019
Rate	[4]	5.00%	5.00%
Principal	[4]	$ 35,000	$ 35,000
Interest	[4]	499	62
Total	[4]	$ 35,499	35,062
Convertible Notes Payable Twenty [Member]
Start Date	[4]	Sep. 1, 2020
Rate	[4]	5.00%
Principal	[4]	$ 10,000
Interest	[4]	125
Total	[4]	10,125
Convertible Notes Payable [Member]
Principal		1,536,665	1,526,665
Interest		266,851	228,932
Total		$ 1,803,516	$ 1,755,597
[1]	The principal of the note, and the interest calculated up to November 30, 2018, may be converted into shares of common stock of the Company at a conversion price of $0.03 per share.
[2]	The note may be converted into shares of common stock of the Company at a conversion price of $0.10 per share.
[3]	The principal of the note has been converted into equity with the remaining interest outstanding to be payable.
[4]	These promissory notes are un-secured and payable on demand with no maturity date

Notes Payable - Schedule of C_2

Notes Payable - Schedule of Convertible Notes Outstanding (Details) (Parenthetical) - $ / shares	Mar. 31, 2020	Dec. 31, 2019	Jan. 08, 2019
Conversion price per share			$ 0.10
Convertible Notes Payable One [Member]
Conversion price per share	$ 0.03	$ 0.03
Convertible Notes Payable Two [Member]
Conversion price per share	0.03	0.03
Convertible Notes Payable Three [Member]
Conversion price per share	0.03	0.03
Convertible Notes Payable Four [Member]
Conversion price per share	0.03	0.03
Convertible Notes Payable Five [Member]
Conversion price per share	0.03	0.03
Convertible Notes Payable Six [Member]
Conversion price per share	0.10	0.10
Convertible Notes Payable Seven [Member]
Conversion price per share	$ 0.10	$ 0.10

Notes Payable - Schedule of C_3

Notes Payable - Schedule of Convertible Notes (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Principal	$ 101,500	$ 101,500
Interest	44,472	115,518
Convertible Notes Payable [Member]
Principal	1,536,665
Interest	266,851
Total	1,803,516	$ 1,755,597
2020 [Member]
Principal	1,435,165
Interest	222,379
Total	1,657,544
2021 [Member]
Principal	71,500
Interest	32,314
Total	103,814
2022 [Member]
Principal	30,000
Interest	12,158
Total	$ 42,158

Notes Receivable - Related Pa_3

Notes Receivable - Related Party (Details Narrative) - USD ($)	Feb. 07, 2020	Feb. 07, 2020	Jul. 27, 2018	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019	Jan. 08, 2019
Payment of notes receivable related party		$ 275,000
Debt principal amount	$ 150,000	150,000					$ 750,000
Debt outstanding balance		125,000
Rate of interest				18.00%		18.00%
Proceeds from related party debt				$ 10,000
Interest earned					$ 18,493
Loan Agreement [Member]
Debt principal amount	$ 150,000	150,000
Debt instrument, description	Borrower agreed that the remaining unpaid principal balance of the loan and all accrued and unpaid interest, will be due and paid in full on or before the earlier of (a) December 31, 2021, and (b) March 31, 2021, provided, Borrower has Earnings Before Interest, Taxes, Depreciation and Amortization or EBITDA as defined under United States GAAP of more than $5,000,000, for the 12 month period ending December 31, 2020, as certified by an independent auditor appointed by Borrower.
Interest earned						$ 23,474
Ryde Holding Inc. [Member]
Payment of notes receivable related party		275,000
Debt principal amount	$ 150,000	150,000
Debt outstanding balance		125,000
Depreciation and amortization		$ 5,000,000
Debt instrument, description		As this was written down in 2019, this amount has been included in other income. Borrower agreed that the remaining unpaid principal balance of the loan and all accrued and unpaid interest, will be due and paid in full on or before the earlier of (a) December 31, 2021, and (b) March 31, 2021, provided, Borrower has Earnings Before Interest, Taxes, Depreciation and Amortization or EBITDA as defined under United States GAAP of more than $5,000,000, for the 12 month period ending December 31, 2020, as certified by an independent auditor appointed by Borrower. If Borrower does not provide such certified financial statements on or before March 31, 2021, Borrower agreed that the remaining unpaid principal balance of the loan and all accrued and unpaid interest, will be immediately due and paid in full.
Ryde Holding Inc. [Member] | Business Services Agreement [Member]
Payments for development and technical services				$ 10,000,000
Ryde Holding Inc. [Member] | Loan Agreement [Member]
Debt principal amount			$ 500,000
Debt instrument, description			This loan is unsecured, will mature on the earlier of eight (8) months from the date of issuance or the closing by Ryde of a minimum of $4,250,000 in financings, in the aggregate, whether through the sale of KodakCoins, equity, or otherwise and will bear interest at the rate of 12% interest per annum. However, any amounts not paid when due shall immediately commence accruing interest at the default rate of 18% per annum.
Rate of interest			12.00%
Default rate of interest			18.00%
Proceeds from related party debt			$ 4,250,000

Notes Receivable - Related Pa_4

Notes Receivable - Related Party - Schedule of Notes Receivable (Details) - USD ($)		3 Months Ended	12 Months Ended
		Mar. 31, 2020	Dec. 31, 2018	Feb. 07, 2020	Dec. 31, 2019	Sep. 30, 2019	Jan. 08, 2019
Maturity Date		Feb. 28, 2020
Rate		18.00%			18.00%
Principal				$ 150,000			$ 750,000
Notes Receivable One [Member]
Effective Date	[1]		Jul. 9, 2018
Maturity Date	[1]		Mar. 9, 2019
Rate	[1]		2.00%
Principal	[1]		$ 750,000
Interest	[1]		7,192
Total	[1]		$ 757,192
Notes Receivable Two [Member]
Effective Date	[1]		Jul. 27, 2018
Maturity Date	[1]		Mar. 27, 2019
Rate	[1]		12.00%
Principal	[1]		$ 500,000
Interest	[1]		23,474
Total	[1]		523,474
Notes Receivable [Member]
Principal			1,250,000
Interest			30,666
Total			$ 1,280,666
Impairment						$ (1,280,666)
Notes Receivable [Member] | Principal [Member]
Impairment						(1,250,000)
Notes Receivable [Member] | Interest [Member]
Impairment						$ (30,666)
[1]	The $500,000 was issued in four tranches and the interest is calculated based on the dates that those tranches were issued. As at December 31, 2019, the balances of the outstanding notes receivable were impaired. Please see subsequent events (Note 10)

Notes Receivable - Related Pa_5

Notes Receivable - Related Party - Schedule of Notes Receivable (Details) (Parenthetical) - USD ($)		Feb. 07, 2020	Dec. 31, 2019	Jan. 08, 2019	Dec. 31, 2018
Debt principal amount		$ 150,000		$ 750,000
Notes Receivable Two [Member]
Debt principal amount	[1]				$ 500,000
Notes Receivable Two [Member] | Four Tranche [Member]
Debt principal amount			$ 500,000
[1]	The $500,000 was issued in four tranches and the interest is calculated based on the dates that those tranches were issued. As at December 31, 2019, the balances of the outstanding notes receivable were impaired. Please see subsequent events (Note 10)

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)

Feb. 07, 2020

Feb. 07, 2020

Dec. 01, 2019

Jun. 26, 2019

Jul. 27, 2018

Jun. 27, 2018

Jun. 26, 2018

Jun. 09, 2018

Mar. 31, 2020

Dec. 31, 2019

Jan. 08, 2019

Oct. 31, 2017

Repayments to related party debt

$ 105,000

Payments for signing bonus

$ 280,000

Loan amended amount

$ 1

Other payables to related parties

$ 1

$ 145,480

Rental expenses

$ 16,500

Debt instrument maturity date

Feb. 28, 2020

Rate of interest

18.00%

18.00%

Debt principal amount

$ 150,000

$ 150,000

$ 750,000

Ryde Holding Inc. [Member]

Debt principal amount

150,000

$ 150,000

Debt instrument, description

As this was written down in 2019, this amount has been included in other income. Borrower agreed that the remaining unpaid principal balance of the loan and all accrued and unpaid interest, will be due and paid in full on or before the earlier of (a) December 31, 2021, and (b) March 31, 2021, provided, Borrower has Earnings Before Interest, Taxes, Depreciation and Amortization or EBITDA as defined under United States GAAP of more than $5,000,000, for the 12 month period ending December 31, 2020, as certified by an independent auditor appointed by Borrower. If Borrower does not provide such certified financial statements on or before March 31, 2021, Borrower agreed that the remaining unpaid principal balance of the loan and all accrued and unpaid interest, will be immediately due and paid in full.

Business Instincts Group Inc [Member]

Ownership percentage

10.00%

Blockchain Merchant Group, Inc [Member]

Ownership percentage

2.50%

Amended Credit Agreements [Member]

Cancellation of loan

$ 115,250

Loan Agreement [Member]

Repayments to related party debt

150,000

Other payables to related parties

$ 11,692

$ 31,688

Debt principal amount

$ 150,000

$ 150,000

Debt instrument, description

Borrower agreed that the remaining unpaid principal balance of the loan and all accrued and unpaid interest, will be due and paid in full on or before the earlier of (a) December 31, 2021, and (b) March 31, 2021, provided, Borrower has Earnings Before Interest, Taxes, Depreciation and Amortization or EBITDA as defined under United States GAAP of more than $5,000,000, for the 12 month period ending December 31, 2020, as certified by an independent auditor appointed by Borrower.

Reimbursement expenses

$ 27,500

Loan Agreement [Member] | Ryde Holding Inc. [Member]

Rate of interest

12.00%

Debt principal amount

$ 500,000

Debt instrument, description

This loan is unsecured, will mature on the earlier of eight (8) months from the date of issuance or the closing by Ryde of a minimum of $4,250,000 in financings, in the aggregate, whether through the sale of KodakCoins, equity, or otherwise and will bear interest at the rate of 12% interest per annum. However, any amounts not paid when due shall immediately commence accruing interest at the default rate of 18% per annum.

Loan Agreement [Member] | Borrower [Member]

Repayments to related party debt

$ 125,000

Business Services Agreement [Member] | Ryde Holding Inc. [Member]

Payments for development and technical services

10,000,000

Chairman Director Officer and Shareholder [Member]

Percentage for services

30.50%

Ryde GmbH [Member] | Loan Agreement [Member]

Repayments to related party debt

$ 750,000

$ 500,000

$ 1,250,000

Rate of interest

2.00%

12.00%

6.00%

Description on related party

The parties agreed that commencing on January 1, 2020, interest will commence accruing on the outstanding principal balance of the loan at a rate of 6%per annum (previously 12% per annum for the $500,000 loan and 2% per annum for the $750,000 loan provided, however, any amounts not paid thereunder when due would have immediately commence accruing interest at a default rate of 18% per annum and 12% per annum respectively for both the loans) and if there is any default on the terms of the loan agreement, default interest at the lesser of 18% per annum and the highest rate permitted by applicable law will be deemed to have retroactively been accruing on the loan as of January 1, 2020 and will continue accrue until the earlier of the date such default is cured and the date the loan is repaid in full.

Share Capital (Details Narrativ

Share Capital (Details Narrative) - $ / shares	Mar. 31, 2020	Dec. 31, 2019
Equity [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	23,756,033	23,756,033
Common stock, shares outstanding	23,756,033	23,756,033

Stock-Based Compensation (Detai

Stock-Based Compensation (Details Narrative) - USD ($)	Jun. 28, 2019	Jun. 27, 2019	Jun. 12, 2019	Mar. 22, 2019	Feb. 13, 2018	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Number of stock options granted
Stock options exercise price						$ 0.17
Fair value of stock option granted, price per share
Stock based compensation						$ 1,047	$ 3,523	$ 2,979
Consultant [Member]
Number of stock options granted					100,000
Stock options exercise price					$ 0.60
Stock options exercisable term					10 years
Board of Directors [Member] | sBetOne Inc. [Member]
Number of stock options granted shares, nonvested				150,000
Fair value of stock option granted, price per share				$ 0.0001
Three Advisors [Member] | sBetOne Inc. [Member]
Number of stock options granted	150,000	150,000	150,000
Stock options exercise price	$ 0.01	$ 0.01	$ 0.01
Stock options exercisable term	10 years	10 years	10 years
Fair value of stock option granted, price per share	$ 0.7680	$ 0.7380	$ 0.7880
2017 Equity Incentive Plan [Member]
Number of options available for grant								3,900,000
Number of stock option issued						3,500,000		3,500,000
Number of stock options unissued						400,000		500,000

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Assumption Used (Details) - $ / shares	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Retirement Benefits [Abstract]
Share price	$ 0.045	$ 0.25
Exercise price	$ 0.60	$ 0.60
Time to maturity (years)	10 years	10 years
Risk-free interest rate	0.70%	2.71%
Expected volatility	118.36%	172.65%
Dividend per share	$ 0	$ 0
Forfeiture rate	0.00%	0.00%

Stock-Based Compensation - Sc_2

Stock-Based Compensation - Schedule of Stock Option Activity (Details)	3 Months Ended
	Mar. 31, 2020$ / sharesshares
Retirement Benefits [Abstract]
Number of Options, Outstanding Beginning Balance | shares	3,500,000
Number of Options, Granted | shares
Number of Options, Exercised | shares
Number of Options, Forfeited | shares
Number of Options, Outstanding Ending Balance | shares	3,500,000
Number of Options, Exercisable, Ending Balance | shares	3,080,555
Weighted Average Grant-Date Fair Value, Options Outstanding, Beginning Balance	$ 0.17
Weighted Average Grant-Date Fair Value, Granted
Weighted Average Grant-Date Fair Value, Exercised
Weighted Average Grant-Date Fair Value, Forfeited
Weighted Average Grant-Date Fair Value, Options Outstanding, Ending Balance	0.17
Weighted Average Grant-Date Fair Value, Options Exercisable, Ending Balance	0.15
Weighted Average Exercise Price, Options Outstanding, Beginning Balance	0.19
Weighted Average Exercise Price, Granted
Weighted Average Exercise Price, Exercised
Weighted Average Exercise Price, Forfeited
Weighted Average Exercise Price, Options Outstanding, Ending Balance	0.19
Weighted Average Exercise Price, Options Exercisable, Ending Balance	$ 0.17
Weighted Average Remaining Life (yrs), Options Outstanding, Beginning Balance	7 years 9 months 18 days
Weighted Average Remaining Life (yrs), Options Outstanding, Ending Balance	7 years 6 months
Weighted Average Remaining Life (yrs), Options Exercisable	7 years 6 months

Non-Controlling Interest (Detai

Non-Controlling Interest (Details Narrative) - shares	Apr. 02, 2019	Mar. 31, 2020
Currency Works USA, Inc. [Member]
Noncontrolling Interest [Line Items]
Ownership percentage		100.00%
Cathio, Inc. [Member]
Noncontrolling Interest [Line Items]
Ownership percentage		100.00%
sBetOne Inc. [Member] | Third Party [Member]
Noncontrolling Interest [Line Items]
Number of common stock shares transferred	2,000,000
Number of shares cancelled	1,097,826
Additional shares issued	2,097,826
Reduction in ownership percentage	59.02%

Non-Controlling Interest - Summ

Non-Controlling Interest - Summary of Changes in Non-Controlling Interest (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Noncontrolling Interest [Abstract]
Non-controlling interest at beginning of period	$ (289,941)
Net loss	8,092
Non-controlling interest at end of period	$ (298,033)