The Crypto Company (CRCW) 10-K 17 Apr 23 2022 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2022	Apr. 14, 2023	Jun. 30, 2022
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2022
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	000-55726
Entity Registrant Name	THE CRYPTO COMPANY
Entity Central Index Key	0001688126
Entity Tax Identification Number	46-4212105
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	23823 Malibu Road
Entity Address, Address Line Two	#50477
Entity Address, City or Town	Malibu
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90265
City Area Code	(424)
Local Phone Number	228-9955
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 6,592,297
Entity Common Stock, Shares Outstanding		25,615,537
Documents Incorporated by Reference	None
Auditor Firm ID	5041
Auditor Name	BF Borgers CPA PC
Auditor Location	Lakewood, CO

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2022	Dec. 31, 2021
CURRENT ASSETS
Cash and cash equivalents	$ 110,606	$ 75,699
Prepaid expenses	81,317	86,179
Total current assets	191,923	161,878
Fixed assets	50,000
Goodwill	740,469	740,469
Intangible assets, net	574,169	617,501
TOTAL ASSETS	1,556,561	1,519,848
COMMITMENT AND CONTINGENCIES
CURRENT LIABILITIES
Accounts payable and accrued expenses	2,265,548	1,933,800
Notes payable, net	2,211,353	444,500
Total current liabilities	4,476,901	2,378,300
Convertible debt	125,000	125,000
Notes payable - other	14,100	32,365
TOTAL LIABILITIES	4,616,001	2,535,665
STOCKHOLDERS’ EQUITY (DEFICIT)
Common stock, $0.001 par value; 750,000,000 shares authorized, 23,950,380 and 22,205,248 shares issued and outstanding, as of December 31, 2022 and 2021, respectively	23,950	22,205
Additional paid-in-capital	36,448,046	32,830,496
Accumulated deficit	(39,531,436)	(33,868,518)
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT)	(3,059,440)	(1,015,817)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)	$ 1,556,561	$ 1,519,848

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock shares authorized	750,000,000	750,000,000
Common stock, shares issued	23,950,380	22,205,248
Common stock, shares outstanding	23,950,380	22,205,248

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Revenue:
Services	$ 619,538	$ 434,552
Cost of services	369,313	273,796
Gross profit	250,225	160,756
Operating expenses:
General and administrative expenses	1,864,543	1,471,226
Amortization	43,332	32,499
Depreciation	87,222
Share-based compensation - employee	275,351	114,020
Share-based compensation - non-employee	1,828,775	622,124
Total Operating Expenses	4,099,223	2,239,869
Operating loss	(3,848,998)	(2,079,113)
Other income	18,265	145,188
Loss on disposal of business	(142,728)
Other income recovery of token investment	67,600	1,164,662
Interest expense	(1,757,057)	(16,367)
Loss before provision for income taxes	(5,662,918)	(785,630)
Provision for income taxes
Net loss	$ (5,662,918)	$ (785,630)
Net loss per share, basic and diluted	$ (0.24)	$ (0.04)
Weighted average common shares outstanding – basic and diluted	23,188,092	22,062,375

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Deficit) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2020	$ 21,418	$ 30,665,823	$ (33,082,888)	$ (2,395,647)
Beginning balance, shares at Dec. 31, 2020	21,417,841
Stock issued in connection with warrant exercise	$ 42	20,887		20,929
Stock issued in connection with Warrant Exercise, shares	41,858
Stock issued for cash at $3.28 per share	$ 413	824,588		825,000
Stock issued for cash per share, shares	412,500
Stock compensation expense in connection with issuance of common stock	$ 232	714,983		715,215
Stock compensation expense in connection with issuance of common stock, shares	231,610
Stock issued for acquisition of BTA	$ 201	604,116		604,317
Stock issued for acquisition of BTA, shares	201,439
Cancellation of shares	$ (100)	100
Cancellation of shares, shares	(100,000)
Net loss			(785,630)	(785,630)
Ending balance, value at Dec. 31, 2021	$ 22,205	32,830,497	(33,868,518)	(1,015,817)
Ending balance, shares at Dec. 31, 2021	22,205,248
Stock issued in connection with warrant exercise	$ 73	43,677		43,750
Stock issued in connection with Warrant Exercise, shares	73,250
Stock issued for cash at $3.28 per share	$ 8	26,232		26,240
Stock issued for cash per share, shares	8,000
Stock compensation expense in connection with issuance of common stock	$ 1,726	2,058,650		2,060,377
Stock compensation expense in connection with issuance of common stock, shares	1,726,382
Net loss			(5,662,918)	(5,662,918)
Debt discount for warrants		1,488,928		1,488,928
Return of shares for financing commitment	$ (63)	63
Return of shares for financing commitment, shares	(62,500)
Ending balance, value at Dec. 31, 2022	$ 23,950	$ 36,448,046	$ (39,531,436)	$ (3,059,440)
Ending balance, shares at Dec. 31, 2022	23,950,380

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Deficit) (Parenthetical) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Statement of Stockholders' Equity [Abstract]
Shares issued, price per share	$ 3.28	$ 2

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net loss	$ (5,662,918)	$ (785,630)
Adjustments to reconcile net loss to net cash used in operations:
Depreciation and amortization	130,554	32,499
Share-based compensation	2,104,126	736,144
Debt discount for warrants	1,488,928
Loss on disposal of equipment	(327,608)
Gain on the forgiveness of debts		(53,493)
Change in operating assets and liabilities:
Accounts receivable		3,900
Prepaid expenses	4,862	(86,179)
Accounts payable and accrued expenses	331,748	518
Net cash (used in) operating activities	(1,930,308)	(152,241)
Cash flows from investing activities:
Purchase of BTA subsidiary		(786,151)
Purchase of computer equipment	(50,000)
Net cash used in investing activities	(50,000)	(786,151)
Cash flows from financing activities:
Proceeds from loans payable		18,265
Payment of notes payable	(761,671)
Proceeds from issuance of notes payable	2,750,646	144,500
Proceeds from common stock issuance	26,240	825,000
Net cash provided by financing activities	2,015,215	987,765
Net increase in cash and cash equivalents	34,907	49,373
Cash and cash equivalents at the beginning of the period	75,699	26,326
Cash and cash equivalents at the end of the period	110,606	75,699
Supplemental disclosure of cash flow information:
Cash paid for interest
Cash paid for income taxes
Supplemental disclosure of cash flow information:
Common Stock issued for BTA acquisition		$ 604,317

THE COMPANY

THE COMPANY	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
THE COMPANY	NOTE 1 – THE COMPANY The Crypto Company was incorporated in the State of Nevada on March 9, 2017. The Company is engaged in the business of providing consulting services and education for distributed ledger technologies (“blockchain”), for the building of technological infrastructure and enterprise blockchain technology solutions. The Company currently generates revenues and incurs expenses solely through these consulting operations. Unless expressly indicated or the context requires otherwise, the terms “Crypto,” the “Company,” “we,” “us,” and “our” in these consolidated financial statements refer to The Crypto Company and, where appropriate, its wholly-owned subsidiary Blockchain Training Alliance, Inc. (“BTA”) and an inactive subsidiary Coin Tracking, LLC (“CoinTracking”). The Company entered into a Stock Purchase Agreement (the “SPA”) effective as of March 24, 2021 with Blockchain Training Alliance (“BTA”) and its stockholders. On April 8, 2021, the Company completed the acquisition of all of the issued and outstanding stock of BTA and BTA became a wholly-owned subsidiary of the Company. As a result of this acquisition, the operations of BTA became consolidated with Company operations on April 8, 2021. BTA is a blockchain training company and service provider that provides training and educational courses focused on blockchain technology and education as to the general understanding of blockchain to corporate and individual clients. During the years ended December 31, 2022 and 2021, the Company generated revenues and incurred expenses primarily through the business of providing consulting services and education for distributed ledger technologies (“blockchain”), for the building of technological infrastructure and enterprise blockchain technology solutions, both of which have ceased operations as of the date of this Annual Report.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Going Concern The Company’s consolidated financial statements are prepared using the accrual method of accounting in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”) and have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities in the normal course of business. The Company has incurred significant losses and experienced negative cash flows since inception. As of December 31, 2022, the Company had cash of $ 86,061 5,662,918 4,284,978 39,531,436 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 is evaluating different strategies to obtain financing to fund the Company’s expenses and achieve a level of revenue adequate to support the Company’s current cost structure. Financing strategies may include, but are not limited to, private placements of capital stock, debt borrowings, partnerships and/or collaborations. There can be no assurance that any of these future-funding efforts will be successful. The consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might result from the outcome of this uncertainty. Basis of presentation Consolidation Use of estimates Cash and cash equivalents Investments in cryptocurrency Realized gains and losses on sales of investments in cryptocurrency, and impairment losses, are included in other income/(expense) in the Consolidated Statements of Operations. As of the December 31, 2022 and 2021 there were $- 0 0 67,600 Equipment three to five years Business combination Goodwill and intangible assets The Company assesses whether goodwill impairment and indefinite lived intangible assets exists using both qualitative and quantitative assessments. The qualitative assessment involves determining whether events or circumstances exist that indicate it is more likely than not that the fair value of a reporting unit is less than its carrying amount, including goodwill. If based on this qualitative assessment the Company determines it is more likely than not that the fair value of a reporting unit is less than its carrying amount, or if the Company elects not to perform a qualitative assessment, a quantitative assessment is performed to determine whether a goodwill impairment exists at the reporting unit. As of December 31, 2022 the Company determined that no Income taxes When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits along with any associated interest and penalties that would be payable to the taxing authorities upon examination. As of December 31, 2022, we had a net operating loss carryforward for federal income tax purposes of approximately $ 10,613,000 expire in 2037 Fair value measurements Level 1 Inputs are unadjusted, quoted prices for identical assets or liabilities in active markets at the measurable date. Level 2 Inputs, other than quoted prices included in Level 1, which are observable for the asset or liability through corroboration with market data at the measurement date. Level 3 Unobservable inputs that reflect management’s best estimate of what participants would use in pricing the asset or liability at the measurement date. The carrying amounts of the Company’s financial assets and liabilities, including cash, accounts payable and accrued expenses approximate fair value because of the short maturity of these instruments. Revenue recognition ● Step 1: Identify the contract with the customer ● Step 2: Identify the performance obligations in the contract ● Step 3: Determine the transaction price ● Step 4: Allocate the transaction price to the performance obligations in the contract ● Step 5: Recognize revenue when the Company satisfies a performance obligation In order to identify the performance obligations in a contract with a customer, a company must assess the promised goods or services in the contract and identify each promised good or service that is distinct. A performance obligation meets ASC 606’s definition of a “distinct” good or service (or bundle of goods or services) if both of the following criteria are met: The customer can benefit from the good or service either on its own or together with other resources that are readily available to the customer (i.e., the good or service is capable of being distinct), and the entity’s promise to transfer the good or service to the customer is separately identifiable from other promises in the contract (i.e., the promise to transfer the good or service is distinct within the context of the contract). If a good or service is not distinct, the good or service is combined with other promised goods or services until a bundle of goods or services is identified that is distinct. The transaction price is the amount of consideration to which an entity expects to be entitled in exchange for transferring promised goods or services to a customer. The consideration promised in a contract with a customer may include fixed amounts, variable amounts, or both. When determining the transaction price, an entity must consider the effects of all of the following: Variable consideration is included in the transaction price only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved. The transaction price is allocated to each performance obligation on a relative standalone selling price basis. The transaction price allocated to each performance obligation is recognized when that performance obligation is satisfied, at a point in time or over time as appropriate. The Company adopted ASC 606 as of January 1, 2018 using the modified retrospective transition method for contracts as of the date of initial application Share-based compensation In accordance with ASC No. 718, Compensation – Stock Compensation (“ASC 718”), the Company measures the compensation costs of share-based compensation arrangements based on the grant date fair value of granted instruments and recognizes the costs in financial statements over the period during which employees are required to provide services. Share-based compensation arrangements include stock options. Equity instruments (“instruments”) issued to non-employees are recorded on the basis of the fair value of the instruments, as required by ASC 718. ASC No. 505, Equity Based Payments to Non-Employees (“ASC 505”), defines the measurement date and recognition period for such instruments. In general, the measurement date is (a) when a performance commitment, as defined, is reached or (b) when the earlier of (i) the non-employee performance is complete and (ii) the instruments are vested. The compensation cost is remeasured at fair value at each reporting period when the award vests. As a result, stock option-based payments to non-employees can result in significant volatility in compensation expense. The Company accounts for its share-based compensation using the Black-Scholes model to estimate the fair value of stock option awards. Using this model, fair value is calculated based on assumptions with respect to the (i) expected volatility of the Company’s common stock price, (ii) expected life of the award, which for options is the period of time over which employees and non-employees are expected to hold their options prior to exercise, and (iii) risk-free interest rate. Net loss per common share Marketing expense 31,777 33,965 Reclassifications

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	12 Months Ended
	Dec. 31, 2022
Accounting Changes and Error Corrections [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	NOTE 3 – RECENT ACCOUNTING PRONOUNCEMENTS The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new pronouncements that have been issued that might have a material impact on its financial position or results of operations except as noted below: On November 15, 2019, the FASB issued ASU 2019-10, which (1) provides a framework to stagger effective dates for future major accounting standards and (2) amends the effective dates for certain major new accounting standards to give implementation relief to certain types of entities. Specifically, ASU 2019-10 amends the effective date for ASU 2017-04 to fiscal years beginning after December 15, 2022, and interim periods therein. Early adoption continues to be permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company does not anticipate the adoption of ASU 2017-04 will have a material impact on its financial statements for both annual and interim reporting periods. In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740) In February 2020, the FASB issued ASU 2020-02, Financial Instruments-Credit Losses (Topic 326) and Leases (Topic 842) - Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 119 and Update to SEC Section on Effective Date Related to Accounting Standards Update No. 2016-02, Leases (Topic 842) In August 2020, the FASB issued ASU 2020-06, Debt - Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging - Contracts in Entity’s Own Equity (Subtopic 815 - 40)

ACQUISTION

ACQUISTION	12 Months Ended
	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
ACQUISTION	NOTE 4 – ACQUISTION BTA and its stockholders. On April 8, 2021, the Company completed the acquisition of all of the issued and outstanding stock of BTA and BTA became a wholly owned subsidiary of the Company. At the closing the Company delivered to the sellers a total of $ 600,000 150,000 1 201,439 604,317 4,860 As a result of the foregoing the Company initially recorded goodwill of $ 1,349,457 740,469 650,000 54,166 During the twelve months ended December 31, 2022 the Company recorded $ 43,332 740,469 574,169 740,469 617,501 Effective October 27, 2022, the “Company entered into an agreement with each of Bitmine Immersion Technologies, Inc. (“BIT”) and Innovative Digital Investors, LLC (“IDI”) that served to terminate or modify certain prior agreements entered into by the parties in February 2022. Pursuant to an agreement with BIT, BIT repurchased from the Company all of the Bitcoin miners purchased by the Company from BIT in February 2022, and also purchased certain of the Bitcoin miners purchased by the Company from IDI in February 2022. As part of these transactions, the parties agreed that any remaining amounts due under the promissory note delivered by the Company to BIT in February 2022 in the original principal amount of $ 168,750 212,750 In addition, pursuant to an agreement with IDI, IDI repurchased from the Company certain Bitcoin miners purchased by the Company from IDI in February 2022. The Company and IDI agreed that any remaining amounts due under the promissory note delivered by the Company to IDI in February 2022 in the original principal amount of $ 348,000 As a result of these transactions the Company no longer owns any of the Bitcoin miners it acquired in February 2022 and each of the promissory notes delivered by the Company in February 2022 to BIT and IDI are satisfied and extinguished in full.

SUMMARY OF STOCK OPTIONS AND WA

SUMMARY OF STOCK OPTIONS AND WARRANTS	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
SUMMARY OF STOCK OPTIONS AND WARRANTS	NOTE 5 – SUMMARY OF STOCK OPTIONS AND WARRANTS On July 21, 2017, the Company’s board of directors adopted The Crypto Company 2017 Equity Incentive Plan (the “Plan”), which was approved by its stockholders on August 24, 2017. The Plan is administered by the board of directors (the “Administrator”). Under the Plan, the Company may grant equity awards to eligible participants which may take the form of stock options (both incentive stock options and non-qualified stock options) and restricted stock awards. Awards may be granted to officers, employees, non-employee directors (as defined in the Plan) and other key persons (including consultants and prospective employees). The term of any stock option award may not exceed 10 Options granted generally vest over eighteen to thirty-six months. Incentive stock options may be granted only to employees of the Company or any subsidiary that is a “subsidiary corporation” within the meaning of Section 424(f) of the Internal Revenue Code During the year ended December 31, 2020, the Company issued 500,000 1,250,000 170,000 5,000,000 2,281,349 2,718,651 SCHEDULE OF STOCK OPTIONS ACTIVITY Weighted Average Weighted Remaining Average Contractual Number Exercise Term of Shares Price (years) Options outstanding, at December 31, 2020 2,281,349 $ 2.26 - Options granted - Options cancelled - Options exercised - Options outstanding, at December 31, 2021 2,281,349 $ 2.26 4.25 Options granted - Options cancelled - Options exercised - Options vested and outstanding, at December 31, 2022 2,281,349 $ 2.26 3.25 The Company recognized $- 0 0 The determination of the fair value of share-based compensation awards utilizing the Black-Scholes model is affected by the Company’s stock price and a number of complex and subjective assumptions, including stock price, volatility, expected life of the equity award, forfeitures rates if any, risk-free interest rates and expected dividends. Volatility is based on the historical volatility of comparable companies measured over the most recent period, generally commensurate with the expected life of the Company’s stock options, adjusted for future expectations given the Company’s limited historical share price data. The risk-free rate is based on implied yields in effect at the time of the grant on U.S. Treasury zero-coupon bonds with remaining terms equal to the expected term of the stock options. The expected dividend is based on the Company’s history and expectation of dividend pay-outs. Forfeitures are recognized when they occur. The range of assumptions used for the year ended December 31, 2022 was as follows: Schedule Of Stock Option Assumptions SCHEDULE OF STOCK OPTION ASSUMPTIONS USED Year ended Volatility 102 % Expected dividends 0 % Expected term (in years) 5 10 Risk-free rate 0.40 % The Company recognized $ 2,086,151 715,215 2,086,151 748,146 1.50 As of December 31, 2022 the Company had 2,009,167 ● 50,000 0.01 ● 362,500 0.50 ● 1,596,667 5.25

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 6 – RELATED PARTY TRANSACTIONS There were no related party transaction in 2022 or 2021.

NOTE PAYABLE

NOTE PAYABLE	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
NOTE PAYABLE	NOTE 7 – NOTE PAYABLE ● On June 10, 2020, the Company received a loan from the Small Business Administration of $ 12,100 3.75 30 ● On February 2, 2021, the Company received a loan from the Small Business Administration of $ 18,265 1 5 ● Effective February 23, 2022, the Company entered into two separate Purchase Agreement and Bill of Sales to purchase a total of 215 95 337,500 120 696,000 10 168,750 348,000 October 15, 2022 The maturity dates of the bitmine promissory note delivered to each of BIT and IDI (originally May 15, 2022 and October 15, 2022) were, in each case extended by two months by mutual agreement of the parties due to supply chain delays effecting the shipment and delivery of the mining equipment to the Company. See Note 10 “Subsequent Events” for an update this agreement ● Effective January 13, 2022, the Company borrowed funds pursuant to the terms of a Securities Purchase Agreement entered into with AJB Capital Investments, LLC (“AJB”), and issued a Promissory Note in the principal amount of $ 750,000 675,000 10 10 ● Effective January 18, 2022, the Company borrowed funds pursuant to a Securities Purchase Agreement (the “Sixth Street SPA”) entered into with Sixth Street Lending, LLC (“Sixth Street”) and issued a Promissory Note in the principal amount of $ 116,200 103,750 12.0 In connection with a subsequent loan extended to the Company by 1800 Diagonal Lending, LLC on or about September 30, 2022 (as further described below) the Company repaid all outstanding obligations that were due to Sixth Street under the Sixth Street Note. ● On February 24, 2022, the Company borrowed funds pursuant to the terms of a Securities Purchase Agreement (the “Feb. SPA”) entered into with AJB, and issued a Promissory Note in the principal amount of $ 300,000 275,000 10 Upon an event of default under the Feb. SPA or Feb. Note, the Feb. Note will bear interest at 18%, AJB may immediately accelerate the Feb. Note due date, AJB may convert the amount outstanding under the Feb. Note into shares of Company common stock at a discount to the market price of the stock, and AJB will be entitled to its costs of collection, among other penalties and remedies. ● On April 7, 2022, the Company borrowed funds pursuant to the terms of a Securities Purchase Agreement (the “April SPA”) entered into with Efrat Investments LLC (“Efrat”) and issued a Promissory Note in the principal amount of $ 220,000 198,000 The maturity date of the Efrat Note is September 7, 2022, although the maturity date may be extended for six months upon the consent of Efrat and the Company. The Efrat Note bears interest at 10 ● On May 3, 2022, the Company borrowed funds pursuant to the terms of a Securities Purchase Agreement (the “May AJB SPA”) entered into with AJB, and issued a Promissory Note in the principal amount of $ 1,000,000 900,000 10 At the closing the Company repaid all obligations owed to AJB pursuant to a 10 750,000 138,125 The maturity date of the May ABJ Note is November 3, 2022, but it may be extended by the Company for six months with the interest rate to increase during the extension period. The May AJB Note bears interest at 10% per year, and principal and accrued interest is due on the maturity date. The Company may prepay the May AJB Note at any time without penalty. Under the terms of the May AJB Note, the Company may not sell a significant portion of its assets without the approval of AJB, may not issue additional debt that is not subordinate to AJB, must comply with the Company’s reporting requirements under the Securities Exchange Act of 1934, and must maintain the listing of the Company’s common stock on the OTC Market or other exchange, among other restrictions and requirements. The Company’s failure to make required payments under the May AJB Note or to comply with any of these covenants, among other matters, would constitute an event of default. Upon an event of default under the May AJB SPA or May AJB Note, the May AJB Note will bear interest at 18%, AJB may immediately accelerate the May AJB Note due date, AJB may convert the amount outstanding under the May AJB Note into shares of Company common stock at a discount to the market price of the stock, and AJB will be entitled to its costs of collection, among other penalties and remedies. ● On July 8, 2022, The Company borrowed funds pursuant to a Securities Purchase Agreement (the “SPA”) entered into with 1800 Diagonal Lending, LLC (“Diagonal”), and Diagonal purchased a convertible promissory note (the “Note”) from the Company in the aggregate principal amount of $ 79,250 The maturity date of the Note is July 5, 2023 The Note bears interest at a rate of 10 65 10 The conversion of the Note is subject to a beneficial ownership limitation of 4.99% of the number of shares of common stock outstanding immediately after giving effect to such conversion. Failure of the Company to convert the Note and deliver the common stock when due will result in the Company paying Diagonal a monetary penalty for each day beyond such deadline Prior to the 180th day of the issuance date Note, the Company may prepay the Note in whole or in part, however, if it does so between the issuance date and the date which is 60 days from the issuance date, the repayment percentage is 115%. If the Company prepays the Note between the 61st day after issuance and the 120th day after issuance, the prepayment percentage is 120%. If the Company prepays the Note between the 121st day after issuance and 180 days after issuance, the prepayment percentage is 125%. After such time, the Company can submit an optional prepayment notice to Diagonal, however the prepayment shall be subject to the agreement between the Company and Diagonal on the applicable prepayment percentage. ● On July 27, 2022, The Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Coventry Enterprises, LLC (“Coventry”), pursuant to which Coventry purchased a 10 200,000 40,000 25,000 The Note bears interest at a rate of 10 20,000 July 15, 2023 31,428.57 Any or all of the principal amount and the Guaranteed Interest may be prepaid at any time and from time to time, in each case without penalty or premium. If an Event of Default (as defined in the Note) occurs, consistent with the terms of the Note, the Note will become convertible, in whole or in part, into shares of the Company’s common stock at Coventry’s option, subject to a 4.99% beneficial ownership limitation (which may be increased up to 9.99% by Coventry). The per share conversion price is 90% of the lowest volume-weighted average trading price during the 20-trading day period before conversion. In addition to certain other remedies, if an Event of Default occurs, consistent with the terms of the Note, the Note will bear interest on the aggregate unpaid principal amount and Guaranteed Interest at the rate of the lesser of 18 ● On September 30, 2202, the Company borrowed funds pursuant to a Securities Purchase Agreement (the “SPA”) entered into with 1800 Diagonal Lending, LLC (“Diagonal”), and Diagonal purchased a convertible promissory note (the “Note”) from the Company in the aggregate principal amount of $ 108,936 A portion of the proceeds from the sale of the Note were used by the parties to satisfy all remaining amounts due under a convertible promissory note dated January 11, 2022, issued by the Company to Sixth Street Lending, LLC. After payment of fees, and after satisfaction of the January 11, 2022 convertible promissory note in favor of Sixth Street Lending, the net proceeds to the Company were $ 80,000 The Note has a maturity date of September 26, 2023, and the Company has agreed to pay interest on the unpaid principal balance of the Note at the rate of twelve percent ( 12.0 Following an event of default, and subject to certain limitations, the outstanding amount of the Note may be converted into shares of Company common stock. Amounts due under the Note would be converted into shares of the Company’s common stock at a conversion price equal to 75 4.99 ● On December 15, 2022, Company borrowed funds pursuant to a Securities Purchase Agreement (the “SPA”) entered into with 1800 Diagonal Lending, LLC (“Diagonal”), and Diagonal purchased a convertible promissory note (the “Note”) from the Company in the aggregate principal amount of $ 88,760 The Note has a maturity date of December 9, 2023 12.0 10,651 Following an event of default, and subject to certain limitations, the outstanding amount of the Note may be converted into shares of Company common stock. Amounts due under the Note would be converted into shares of the Company’s common stock at a conversion price equal to 75 4.99

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 8 - COMMITMENTS AND CONTINGENCIES Legal Contingencies The Company may from time to time become subject to legal proceedings, claims, and litigation arising in the ordinary course of business. Indemnities and guarantees - During the normal course of business, the Company has made certain indemnities and guarantees under which it may be required to make payments in relation to certain transactions. These indemnities include certain agreements with the Company’s officers and directors, under which the Company may be required to indemnify such persons for liabilities arising out of their respective relationships. In connection with its facility lease, the Company has indemnified the lessor for certain claims arising from the use of the facility. The duration of these indemnities and guarantees varies and, in certain cases, is indefinite. The majority of these indemnities and guarantees do not provide for any limitation of the maximum potential future payments the Company could be obligated to make. Historically, the Company has not been obligated to make significant payments for these obligations, and no liabilities have been recorded for these indemnities and guarantees in the accompanying balance sheet.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 9 - SUBSEQUENT EVENTS ● On January 10, 2023, The Crypto Company (the “Company”) borrowed funds pursuant to a Securities Purchase Agreement (the “SPA”) entered into with 1800 Diagonal Lending, LLC (“Diagonal”), and Diagonal purchased a convertible promissory note (the “Note”) from the Company in the aggregate principal amount of $ 79,250 The maturity date of the Note is January 3, 2024 10 22 65 4.99 The Company may prepay the Note in whole, however, if it does so between the issuance date and the date which is 60 days from the issuance date, the repayment percentage is 115 120 125 Pursuant to the Note, as long as the Company has any obligations under the Note, the Company cannot without Diagonal’s written consent, sell, lease or otherwise dispose of any significant portion of its assets which would render the Company a “shell company” as such term is defined in SEC Rule 144. Additionally, under the Note, any consent to the disposition of any assets may be conditioned on a specified use of the proceeds of disposition. The Note contains standard and customary events of default such as failing to timely make payments under the Note when due, the failure of the Company to timely comply with the Securities Exchange Act of 1934, as amended, reporting requirements and the failure to maintain a listing on the OTC Markets. The occurrence of any of the events of default, entitle Diagonal, among other things, to accelerate the due date of the unpaid principal amount of, and all accrued and unpaid interest on, the Note. Upon an “Event of Default”, interest shall accrue at a default interest rate of 22 150 ● On February 2, 2023, The Crypto Company (the “Company”) borrowed funds pursuant to a Securities Purchase Agreement (the “SPA”) entered into with Fast Capital, LLC (“Fast Capital”), and Fast Capital purchased a 10 115,000 10,000 105,000 The maturity date of the Note is January 30, 2024 10 For the first six months, the Company has the right to prepay principal and accrued interest due under the Note at a premium of between 15% and 40% depending on when it is repaid. The Note may not be prepaid after the 180th day of its issuance. Fast Capital has the right at any time after the six-month anniversary of the date of issuance of the Note to convert all or any part of the outstanding and unpaid principal amount of the Note into Company common stock, subject to a beneficial ownership limitation. The conversion price of the Note equals 60 The Note contains various covenants standard and customary events of default such as failing to timely make payments under the Note when due, the failure to maintain a listing on the OTC Markets or the Company defaulting on any other note or similar debt obligation into which the Company has entered and failed to cure within the applicable grace period. The occurrence of any of the events of default, entitle First Capital, among other things, to accelerate the due date of the unpaid principal amount of, and all accrued and unpaid interest on, the Note. Upon an “Event of Default”, interest shall accrue at a default interest rate of 24 ● On March 7, 2023, The Crypto Company (the “Company”) borrowed funds pursuant to a Securities Purchase Agreement (the “SPA”) entered into with 1800 Diagonal Lending, LLC (“Diagonal”), and Diagonal purchased a convertible promissory note (the “Note”) from the Company in the aggregate principal amount of $ 54,250 The maturity date of the Note is March 2, 2024 10 22 65 4.99 The Company may prepay the Note in whole, however, if it does so between the issuance date and the date which is 60 days from the issuance date, the repayment percentage is 115 120 125 The Note contains standard and customary events of default such as failing to timely make payments under the Note when due, the failure of the Company to timely comply with the Securities Exchange Act of 1934, as amended, reporting requirements and the failure to maintain a listing on the OTC Markets. The occurrence of any of the events of default, entitle Diagonal, among other things, to accelerate the due date of the unpaid principal amount of, and all accrued and unpaid interest on, the Note. Upon an “Event of Default”, interest shall accrue at a default interest rate of 22 150

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Going Concern	Going Concern The Company’s consolidated financial statements are prepared using the accrual method of accounting in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”) and have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities in the normal course of business. The Company has incurred significant losses and experienced negative cash flows since inception. As of December 31, 2022, the Company had cash of $ 86,061 5,662,918 4,284,978 39,531,436 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 is evaluating different strategies to obtain financing to fund the Company’s expenses and achieve a level of revenue adequate to support the Company’s current cost structure. Financing strategies may include, but are not limited to, private placements of capital stock, debt borrowings, partnerships and/or collaborations. There can be no assurance that any of these future-funding efforts will be successful. The consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might result from the outcome of this uncertainty.
Basis of presentation	Basis of presentation
Consolidation	Consolidation
Use of estimates	Use of estimates
Cash and cash equivalents	Cash and cash equivalents
Investments in cryptocurrency	Investments in cryptocurrency Realized gains and losses on sales of investments in cryptocurrency, and impairment losses, are included in other income/(expense) in the Consolidated Statements of Operations. As of the December 31, 2022 and 2021 there were $- 0 0 67,600
Equipment	Equipment three to five years
Business combination	Business combination
Goodwill and intangible assets	Goodwill and intangible assets The Company assesses whether goodwill impairment and indefinite lived intangible assets exists using both qualitative and quantitative assessments. The qualitative assessment involves determining whether events or circumstances exist that indicate it is more likely than not that the fair value of a reporting unit is less than its carrying amount, including goodwill. If based on this qualitative assessment the Company determines it is more likely than not that the fair value of a reporting unit is less than its carrying amount, or if the Company elects not to perform a qualitative assessment, a quantitative assessment is performed to determine whether a goodwill impairment exists at the reporting unit. As of December 31, 2022 the Company determined that no
Income taxes	Income taxes When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits along with any associated interest and penalties that would be payable to the taxing authorities upon examination. As of December 31, 2022, we had a net operating loss carryforward for federal income tax purposes of approximately $ 10,613,000 expire in 2037
Fair value measurements	Fair value measurements Level 1 Inputs are unadjusted, quoted prices for identical assets or liabilities in active markets at the measurable date. Level 2 Inputs, other than quoted prices included in Level 1, which are observable for the asset or liability through corroboration with market data at the measurement date. Level 3 Unobservable inputs that reflect management’s best estimate of what participants would use in pricing the asset or liability at the measurement date. The carrying amounts of the Company’s financial assets and liabilities, including cash, accounts payable and accrued expenses approximate fair value because of the short maturity of these instruments.
Revenue recognition	Revenue recognition ● Step 1: Identify the contract with the customer ● Step 2: Identify the performance obligations in the contract ● Step 3: Determine the transaction price ● Step 4: Allocate the transaction price to the performance obligations in the contract ● Step 5: Recognize revenue when the Company satisfies a performance obligation In order to identify the performance obligations in a contract with a customer, a company must assess the promised goods or services in the contract and identify each promised good or service that is distinct. A performance obligation meets ASC 606’s definition of a “distinct” good or service (or bundle of goods or services) if both of the following criteria are met: The customer can benefit from the good or service either on its own or together with other resources that are readily available to the customer (i.e., the good or service is capable of being distinct), and the entity’s promise to transfer the good or service to the customer is separately identifiable from other promises in the contract (i.e., the promise to transfer the good or service is distinct within the context of the contract). If a good or service is not distinct, the good or service is combined with other promised goods or services until a bundle of goods or services is identified that is distinct. The transaction price is the amount of consideration to which an entity expects to be entitled in exchange for transferring promised goods or services to a customer. The consideration promised in a contract with a customer may include fixed amounts, variable amounts, or both. When determining the transaction price, an entity must consider the effects of all of the following: Variable consideration is included in the transaction price only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved. The transaction price is allocated to each performance obligation on a relative standalone selling price basis. The transaction price allocated to each performance obligation is recognized when that performance obligation is satisfied, at a point in time or over time as appropriate. The Company adopted ASC 606 as of January 1, 2018 using the modified retrospective transition method for contracts as of the date of initial application
Share-based compensation	Share-based compensation In accordance with ASC No. 718, Compensation – Stock Compensation (“ASC 718”), the Company measures the compensation costs of share-based compensation arrangements based on the grant date fair value of granted instruments and recognizes the costs in financial statements over the period during which employees are required to provide services. Share-based compensation arrangements include stock options. Equity instruments (“instruments”) issued to non-employees are recorded on the basis of the fair value of the instruments, as required by ASC 718. ASC No. 505, Equity Based Payments to Non-Employees (“ASC 505”), defines the measurement date and recognition period for such instruments. In general, the measurement date is (a) when a performance commitment, as defined, is reached or (b) when the earlier of (i) the non-employee performance is complete and (ii) the instruments are vested. The compensation cost is remeasured at fair value at each reporting period when the award vests. As a result, stock option-based payments to non-employees can result in significant volatility in compensation expense. The Company accounts for its share-based compensation using the Black-Scholes model to estimate the fair value of stock option awards. Using this model, fair value is calculated based on assumptions with respect to the (i) expected volatility of the Company’s common stock price, (ii) expected life of the award, which for options is the period of time over which employees and non-employees are expected to hold their options prior to exercise, and (iii) risk-free interest rate.
Net loss per common share	Net loss per common share
Marketing expense	Marketing expense 31,777 33,965
Reclassifications	Reclassifications

SUMMARY OF STOCK OPTIONS AND _2

SUMMARY OF STOCK OPTIONS AND WARRANTS (Tables)	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
SCHEDULE OF STOCK OPTIONS ACTIVITY	SCHEDULE OF STOCK OPTIONS ACTIVITY Weighted Average Weighted Remaining Average Contractual Number Exercise Term of Shares Price (years) Options outstanding, at December 31, 2020 2,281,349 $ 2.26 - Options granted - Options cancelled - Options exercised - Options outstanding, at December 31, 2021 2,281,349 $ 2.26 4.25 Options granted - Options cancelled - Options exercised - Options vested and outstanding, at December 31, 2022 2,281,349 $ 2.26 3.25
SCHEDULE OF STOCK OPTION ASSUMPTIONS USED	The range of assumptions used for the year ended December 31, 2022 was as follows: Schedule Of Stock Option Assumptions SCHEDULE OF STOCK OPTION ASSUMPTIONS USED Year ended Volatility 102 % Expected dividends 0 % Expected term (in years) 5 10 Risk-free rate 0.40 %

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Cash	$ 86,061
Net loss	5,662,918	$ 785,630
Working capital	4,284,978
Accumulated deficit	39,531,436	33,868,518
Investment in cryptocurrency	0	0
Investment in non-crypto currency	0
Other income recovery of token investment	$ 67,600	1,164,662
Equipment estimated useful life range	three to five years
Goodwill and intangible asset impairment	$ 0
Net operating loss carryforwards	$ 10,613,000
Income tax description	expire in 2037
Marketing expenses	$ 31,777	$ 33,965

ACQUISTION (Details Narrative)

ACQUISTION (Details Narrative) - USD ($)			12 Months Ended
	Feb. 28, 2022	Apr. 08, 2021	Dec. 31, 2022	Dec. 31, 2021	Mar. 07, 2023	Jan. 10, 2023
Business Acquisition [Line Items]
Bearing interest percentage					150%	150%
Stock issued for acquisition of BTA				$ 604,317
Goodwill			$ 1,349,457
Goodwill			740,469	740,469
Other intangible assets, net			650,000
Amortizable intangibles amortized			54,166
Amortization expense			43,332	32,499
Intangible assets, net			$ 574,169	$ 617,501
BIT [Member]
Business Acquisition [Line Items]
Principal amount	$ 168,750
Cash consideration	212,750
IDI [Member]
Business Acquisition [Line Items]
Principal amount	$ 348,000
Blockchain Training Alliance, Inc. [Member] | Stock Purchase Agreement [Member]
Business Acquisition [Line Items]
Payments to acquire business		$ 600,000
Stock issued for acquisition of BTA, shares		201,439
Stock issued for acquisition of BTA		$ 604,317
Cash acquired from acquisition		4,860
Blockchain Training Alliance, Inc. [Member] | Stock Purchase Agreement [Member] | Promissory Note [Member]
Business Acquisition [Line Items]
Principal amount		$ 150,000
Bearing interest percentage		1%

SCHEDULE OF STOCK OPTIONS ACTIV

SCHEDULE OF STOCK OPTIONS ACTIVITY (Details) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Share-Based Payment Arrangement [Abstract]
Number of options outstanding, Beginning balance	2,281,349	2,281,349
Weighted average exercise price, options outstanding, beginning balance	$ 2.26	$ 2.26
Weighted Average Remaining Contractual Term (Years), Options Outstanding, Beginning	4 years 3 months
Number of options outstanding, options granted
Number of options outstanding, Options cancelled
Number of options outstanding, Options exercised
Number of options vested and outstanding, Ending balance	2,281,349	2,281,349
Weighted Average Exercise Price, Options Vested and Outstanding,Ending Balance	$ 2.26	$ 2.26
Weighted Average Remaining Contractual Term (Years), Options Vested and Outstanding, Ending	3 years 3 months

SCHEDULE OF STOCK OPTION ASSUMP

SCHEDULE OF STOCK OPTION ASSUMPTIONS USED (Details)	12 Months Ended
	Dec. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expected dividends	0%
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	0.40%
Minimum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Volatility	102%
Expected term (in years)	5 years
Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expected term (in years)	10 years

SUMMARY OF STOCK OPTIONS AND _3

SUMMARY OF STOCK OPTIONS AND WARRANTS (Details Narrative) - USD ($)		12 Months Ended
	Jul. 21, 2017	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding, options granted
Share-based compensation expense		$ 0	$ 0
Compensation expense related to restricted stock options		2,086,151	$ 715,215
Stock issued during period value for services		$ 2,086,151
Stock issued during period shares for services		748,146
Sale of stock, price per share		$ 1.50
Warrant exercisable outstanding		2,009,167
February And June Two Thousand Thirty [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Warrant exercisable outstanding		50,000
Strike price of warrants		$ 0.01
February Two Thousand Twenty Six [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Warrant exercisable outstanding		362,500
Strike price of warrants		$ 0.50
January And May Two Thousand Twenty Five [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Warrant exercisable outstanding		1,596,667
Strike price of warrants		$ 5.25
Board of Directors [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding, options granted				500,000
Employees [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding, options granted				1,250,000
Non-employees [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding, options granted				170,000
2017 Equity Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock option award vesting, description	Options granted generally vest over eighteen to thirty-six months. Incentive stock options may be granted only to employees of the Company or any subsidiary that is a “subsidiary corporation” within the meaning of Section 424(f) of the Internal Revenue Code
2017 Equity Incentive Plan [Member] | Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock option award vesting period	10 years
2017 Equity Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of stock option remain reserved for future issuance	5,000,000		2,281,349
Common stock remaining reserved for future issuance			2,718,651

NOTE PAYABLE (Details Narrative

NOTE PAYABLE (Details Narrative)

1 Months Ended

12 Months Ended

Dec. 15, 2022 USD ($)

Nov. 03, 2022

Sep. 30, 2022 USD ($)

Jul. 27, 2022 USD ($) shares

Jul. 08, 2022 USD ($) Days

May 03, 2022 USD ($)

Apr. 07, 2022 USD ($)

Feb. 24, 2022 USD ($)

Feb. 23, 2022 USD ($) cryptocurrency

Jan. 18, 2022 USD ($)

Jan. 12, 2022 USD ($)

Jun. 10, 2021

Feb. 02, 2021 USD ($)

Jan. 31, 2022 USD ($)

Dec. 31, 2022 USD ($)

Dec. 31, 2021 USD ($)

Mar. 07, 2023

Jan. 10, 2023

Sep. 07, 2022

Jan. 13, 2022 USD ($)

Jun. 10, 2020 USD ($)

Short-Term Debt [Line Items]

Debt instrument percentage

150%

150%

Purchase price

$ 50,000

Working capital

$ 4,284,978

Convertible Promissory Note [Member]

Short-Term Debt [Line Items]

Debt instrument maturity date

Dec. 09, 2023

Debt principal amount

$ 10,651

$ 108,936

Debt instrument rate

12%

12%

Net proceeds from note

$ 80,000

Common stock conversion price percentage

75%

75%

Percentage of outstanding shares

4.99%

4.99%

AJB Capital Investments LLC [Member] | Promissory Note [Member]

Short-Term Debt [Line Items]

Debt instrument percentage

10%

10%

Purchase price

$ 275,000

$ 675,000

Debt principal amount

$ 300,000

$ 750,000

Sixth Street SPA [Member] | Promissory Note [Member]

Short-Term Debt [Line Items]

Purchase price

$ 103,750

Debt principal amount

$ 116,200

Debt instrument rate

12%

1800 Diagonal Lending,LLC Loan [Member] | Convertible Promissory Note [Member]

Short-Term Debt [Line Items]

Debt instrument maturity date

Jul. 05, 2023

Debt principal amount

$ 79,250

Default interest rate description

The Note bears interest at a rate of 10% per annum, and a default interest of 22% per annum.

Debt instrument interest rate stated percentage

10

Debt instrument convertible percentage of stockprice

65%

Trading days | Days

10

Debt instrument conversion terms description

The conversion of the Note is subject to a beneficial ownership limitation of 4.99% of the number of shares of common stock outstanding immediately after giving effect to such conversion. Failure of the Company to convert the Note and deliver the common stock when due will result in the Company paying Diagonal a monetary penalty for each day beyond such deadline

Debt instrument payment term description

Prior to the 180th day of the issuance date Note, the Company may prepay the Note in whole or in part, however, if it does so between the issuance date and the date which is 60 days from the issuance date, the repayment percentage is 115%. If the Company prepays the Note between the 61st day after issuance and the 120th day after issuance, the prepayment percentage is 120%. If the Company prepays the Note between the 121st day after issuance and 180 days after issuance, the prepayment percentage is 125%. After such time, the Company can submit an optional prepayment notice to Diagonal, however the prepayment shall be subject to the agreement between the Company and Diagonal on the applicable prepayment percentage.

Coventry Enter Prise LLC Loan [Member]

Short-Term Debt [Line Items]

Debt instrument maturity date

Jul. 15, 2023

Debt description

If an Event of Default (as defined in the Note) occurs, consistent with the terms of the Note, the Note will become convertible, in whole or in part, into shares of the Company’s common stock at Coventry’s option, subject to a 4.99% beneficial ownership limitation (which may be increased up to 9.99% by Coventry). The per share conversion price is 90% of the lowest volume-weighted average trading price during the 20-trading day period before conversion.

Bearing interest rate

10%

Debt guaranteed interest

$ 20,000

Debt monthy payments

$ 31,428.57

Pecentage of unpaid guaranteed interest

0.18

Coventry Enter Prise LLC Loan [Member] | Unsecured Convertible Promissory Note [Member]

Short-Term Debt [Line Items]

Debt instrument percentage

10%

Debt principal amount

$ 200,000

Original issue discount

$ 40,000

Restricted common shares | shares

25,000

Miner Acquisitions [Member] | Purchase Agreement [Member]

Short-Term Debt [Line Items]

Debt instrument percentage

10%

Small Business Administration [Member]

Short-Term Debt [Line Items]

Loans payable

$ 18,265

$ 12,100

Debt instrument percentage

1%

3.75%

Debt instrument, term

30 years

5 years

Purchase Agreement [Member] | Miner Acquisitions [Member]

Short-Term Debt [Line Items]

Number of cryptocurrency miners | cryptocurrency

215

First Purchase Agreement [Member] | Miner Acquisitions [Member] | Bitmine Immersion Technologies Inc [Member]

Short-Term Debt [Line Items]

Number of cryptocurrency miners | cryptocurrency

95

Purchase price

$ 337,500

Notes payable

$ 168,750

Second Purchase Agreement [Member] | Miner Acquisitions [Member] | Innovative Digital investors LLC [Member]

Short-Term Debt [Line Items]

Number of cryptocurrency miners | cryptocurrency

120

Purchase price

$ 696,000

Notes payable

$ 348,000

Debt instrument maturity date

Oct. 15, 2022

AJB Lending [Member]

Short-Term Debt [Line Items]

Debt instrument percentage

10%

10%

Purchase price

$ 900,000

Debt principal amount

$ 1,000,000

$ 750,000

Debt description

Upon an event of default under the May AJB SPA or May AJB Note, the May AJB Note will bear interest at 18%, AJB may immediately accelerate the May AJB Note due date, AJB may convert the amount outstanding under the May AJB Note into shares of Company common stock at a discount to the market price of the stock, and AJB will be entitled to its costs of collection, among other penalties and remedies.

Upon an event of default under the Feb. SPA or Feb. Note, the Feb. Note will bear interest at 18%, AJB may immediately accelerate the Feb. Note due date, AJB may convert the amount outstanding under the Feb. Note into shares of Company common stock at a discount to the market price of the stock, and AJB will be entitled to its costs of collection, among other penalties and remedies.

Working capital

$ 138,125

EFRAT Investment [Member]

Short-Term Debt [Line Items]

Debt instrument percentage

10%

Purchase price

$ 198,000

Debt principal amount

$ 220,000

Securities Purchase Agreement [Member] | Convertible Promissory Note [Member]

Short-Term Debt [Line Items]

Debt principal amount

$ 88,760

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)					12 Months Ended
	Mar. 07, 2023	Mar. 02, 2023	Feb. 02, 2023	Jan. 10, 2023	Dec. 31, 2022	Dec. 31, 2021
Subsequent Event [Line Items]
Default due and owing percentage	150%			150%
Original issue discount					$ 1,488,928
Gross proceeds					$ 26,240	$ 825,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Debt conversion price, percentage			60%
Subsequent Event [Member] | 60 Days [Member]
Subsequent Event [Line Items]
Repayment percentage	115%			115%
Subsequent Event [Member] | 61 And 90 Days [Member]
Subsequent Event [Line Items]
Repayment percentage				120%
Subsequent Event [Member] | 180 Days [Member]
Subsequent Event [Line Items]
Repayment percentage	125%			125%
Subsequent Event [Member] | March 2, 2024 [Member]
Subsequent Event [Line Items]
Repayment percentage				120%
Subsequent Event [Member] | January Three Twenty Twenty Three [Member]
Subsequent Event [Line Items]
Maturity date				Jan. 03, 2024
Note bear interest rate				10%
Repayment percentage				22%
Debt conversion price, percentage				65%
Subsequent Event [Member] | January Three Twenty Twenty Three [Member] | Common Stock [Member]
Subsequent Event [Line Items]
Debt conversion price, percentage				4.99%
Subsequent Event [Member] | January 30, 2024 [Member]
Subsequent Event [Line Items]
Maturity date			Jan. 30, 2024
Note bear interest rate				10%
Subsequent Event [Member] | March 2, 2024 [Member]
Subsequent Event [Line Items]
Maturity date	Mar. 02, 2024
Note bear interest rate		10%
Repayment percentage		22%
Debt conversion price, percentage	65%
Subsequent Event [Member] | March 2, 2024 [Member] | Common Stock [Member]
Subsequent Event [Line Items]
Debt conversion price, percentage	4.99%
Diagonal Lending LLC [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Principal amount	$ 54,250			$ 79,250
Repayment percentage				22%
Default interest rate	22%
Fast Capital LLC [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Principal amount			$ 115,000
Repayment percentage			24%
Debt conversion price, percentage		10%
Original issue discount			$ 10,000
Gross proceeds			$ 105,000
Debt description			For the first six months, the Company has the right to prepay principal and accrued interest due under the Note at a premium of between 15% and 40% depending on when it is repaid. The Note may not be prepaid after the 180th day of its issuance.