TransparentBusiness 10-Q 15 May 24 2024 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2024	May 15, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2024
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Entity File Number	000-56276
Entity Registrant Name	Unicoin Inc.
Entity Central Index Key	0001740742
Entity Tax Identification Number	47-4360035
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	228 Park Ave South
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	16065
City Area Code	(212)
Local Phone Number	216-0001
Title of 12(b) Security	Common stock, $0.001 par value per share
Entity Current Reporting Status	No
Entity Interactive Data Current	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		732,635,527

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 4,345,161	$ 6,462,171
Trade receivables payable in cash	2,143,896	2,331,888
Unicorn Hunters non-cash receivables (Note 4)	1,509,528	1,509,528
Prepaid expenses and other current assets	1,378,665	1,275,102
Indemnification asset	4,900,274	4,922,426
TOTAL CURRENT ASSETS	14,277,524	16,501,115
Property and equipment, net	32,849	35,446
Goodwill	3,865,695	3,865,695
Intangible assets, net	2,613,115	2,688,493
Investments in privately-held companies (Note 4)	8,627,000	8,627,000
Investment in land	623,749
Operating lease right-of-use assets	273,350	313,656
TOTAL ASSETS	30,313,282	32,031,405
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
Accounts payable	991,578	819,198
Income tax payable	2,281	2,281
Accrued expenses	2,328,074	2,158,534
Accrued payroll liabilities	674,895	976,862
Deferred revenue	5,090	5,368
ITSQuest tax liability	4,900,274	4,922,426
Short-term debt	265,200	309,200
Loan from related party (Note 13)		51,398
Operating lease liabilities, current	150,394	159,679
Other current liabilities	307,332	403,193
TOTAL CURRENT LIABILITIES	9,625,118	9,808,139
Deferred income tax liability, net	334,622	334,622
Unicoin Rights financing obligation (Note 7)	87,616,860	84,674,022
Operating lease liabilities, noncurrent	129,365	160,470
TOTAL LIABILITIES	97,705,965	94,977,253
STOCKHOLDERS’ EQUITY (DEFICIT)
Common stock, $0.001 par value; 1,000,000,000 authorized; 773,452,006 and 773,232,422 issued; 732,533,604 and 732,320,282 outstanding, net of treasury stock as of March 31, 2024 and December 31, 2023, respectively	773,452	773,233
Treasury stock, at cost; 40,918,402 and 40,912,140 shares as of March 31, 2024 and December 31, 2023, respectively	(3,882,280)	(3,880,025)
Additional paid-in capital	73,316,832	72,999,935
Accumulated deficit	(135,229,839)	(131,375,466)
TOTAL UNICOIN INC. STOCKHOLDERS’ EQUITY (DEFICIT)	(65,021,835)	(61,482,323)
Noncontrolling interest	(2,370,848)	(1,463,525)
TOTAL STOCKHOLDERS’ DEFICIT	(67,392,683)	(62,945,848)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)	$ 30,313,282	$ 32,031,405

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Mar. 31, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common Stock, Shares Authorized	1,000,000,000	1,000,000,000
Common Stock, Shares, Issued	773,452,006	773,232,422
Common Stock, Shares, Outstanding	732,533,604	732,320,282
Treasury stock, shares	40,918,402	40,912,140

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
REVENUES	$ 4,978,546	$ 4,276,082
COST OF REVENUES	4,054,880	3,434,479
GROSS PROFIT	923,666	841,603
OPERATING COSTS AND EXPENSES
General and administrative	3,658,039	2,918,016
Sales and marketing	935,785	243,472
Research and development	7,113	58,365
TOTAL OPERATING COSTS AND EXPENSES	4,600,937	3,219,853
LOSS FROM OPERATIONS	(3,677,271)	(2,378,250)
Interest expense, net	46,862	73,220
Other expense, net	(5,752)	(391)
LOSS BEFORE INCOME TAXES	(3,729,885)	(2,451,861)
Income tax expense	(88,585)	(70,016)
NET LOSS AND COMPREHENSIVE LOSS	(3,818,470)	(2,521,877)
Less: net income attributable to the noncontrolling interest	35,903	62,012
NET LOSS ATTRIBUTABLE TO UNICOIN INC.	$ (3,854,373)	$ (2,583,889)
Net loss per share attributable to Unicoin Inc., basic	$ (0.005)	$ (0.004)
Net loss per share attributable to Unicoin Inc., diluted	$ (0.005)	$ (0.004)
Weighted average common shares outstanding used to compute basic loss per share	732,392,394	733,440,981
Weighted average common shares outstanding used to compute diluted loss per share	732,392,394	733,440,981

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stocks [Member]	Retained Earnings [Member]	Unicoin Inc Stockholders Deficit [Member]	Noncontrolling Interest [Member]	Total
Beginning balance, value at Dec. 31, 2022	$ 772,938	$ 72,831,056	$ (3,389,446)	$ (92,570,448)	$ (22,355,900)	$ (2,529,800)	$ (24,885,700)
Beginning Balance, shares at Dec. 31, 2022	772,938,415		(39,510,647)
Issuance of common stock	$ 12	33,988			34,000		34,000
Issuance of common stock, shares	12,445
Stock-based compensation expense		38,523			38,523		38,523
Stock-based compensation expense, shares
Repurchase of common stock			$ (2,412)		(2,412)		(2,412)
Repurchase of common stock, shares			(6,185)
Common stock issued for services	$ 40	(40)
Common stock issued for services, shares	38,837
Net Income (Loss)				(2,583,889)	(2,583,889)	62,012	(2,521,877)
Ending balance, value at Mar. 31, 2023	$ 772,990	72,903,527	$ (3,391,858)	(95,154,337)	(24,869,678)	(2,467,788)	(27,337,466)
Ending Balance, shares at Mar. 31, 2023	772,989,697		(39,516,832)
Beginning balance, value at Dec. 31, 2023	$ 773,233	72,999,935	$ (3,880,025)	(131,375,466)	(61,482,323)	(1,463,525)	(62,945,848)
Beginning Balance, shares at Dec. 31, 2023	773,232,422		(40,912,140)
Stock-based compensation expense	$ 219	113,171			113,390		113,390
Stock-based compensation expense, shares	219,584
Repurchase of common stock			$ (2,255)		(2,255)		(2,255)
Repurchase of common stock, shares			(6,262)
Ownership interest increase in Unicorns holdings		203,726			203,726	(943,226)	(739,500)
Net Income (Loss)				(3,854,373)	(3,854,373)	35,903	(3,818,470)
Ending balance, value at Mar. 31, 2024	$ 773,452	$ 73,316,832	$ (3,882,280)	$ (135,229,839)	$ (65,021,835)	$ (2,370,848)	$ (67,392,683)
Ending Balance, shares at Mar. 31, 2024	773,452,006		(40,918,402)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (3,818,470)	$ (2,521,877)
Adjustments to reconcile net loss to cash used in operating activities:
Stock-based compensation expense	113,390	38,523
Operating expenses paid with Unicoin Rights (Note 7)	415,359	185,537
Operating expenses paid with digital assets (Note 5)	10,525
Noncash consideration (Note 4)		(7,000)
Impairment of digital assets (Note 5)	5,752
Depreciation and amortization expense	91,280	91,477
Amortization of right-of-use assets (Note 11)	40,306	39,820
Changes in operating assets and liabilities:
Trade receivables payable in cash	187,992	295,317
Prepaid expenses and other current assets	(103,563)	100,805
Accounts payable	172,380	57,102
Accrued expenses and payroll liabilities	(89,883)	399,195
Deferred revenue	(278)	20,341
Operating lease liability (Note 11)	(40,390)	(38,233)
Other liabilities	(54,551)	(347,725)
Net cash used in operating activities	(3,070,151)	(1,686,718)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payment of short-term debt	(44,000)	(5,000)
Proceeds from sales of Unicoin Rights (Note 7)	1,050,794	2,189,295
Proceeds from sales of common stock		34,000
Repurchase of common stock	(2,255)	(2,412)
Repayment of related party loan payable (Note 13)	(51,398)
Net cash provided by financing activities	953,141	2,215,883
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(2,117,010)	529,165
CASH AND CASH EQUIVALENTS—Beginning of period	6,462,171	1,522,069
CASH AND CASH EQUIVALENTS—End of period	4,345,161	2,051,234
Non-cash investing and financing activity:
Digital assets received as proceeds from issuance of Unicoins Rights (Note 5)	29,582
Receipt (i.e., “collection”) of private company equity securities (Note 4)		2,248,000
Real estate investments and related commissions in exchange of Unicoin Rights (Note 7)	$ 711,074

ORGANIZATION AND OPERATIONS

ORGANIZATION AND OPERATIONS	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
ORGANIZATION AND OPERATIONS	NOTE 1 – ORGANIZATION AND OPERATIONS Description of Business Unicoin Inc. is an operating and holding company. Unicoin also launched a security token project in early 2022, as a complement to its Unicorns, Inc. (hereinafter “Unicorns” or “Unicorn Hunters”) subsidiary. As a holding company, Unicoin wholly owns one Talent-as-a-Service (“TaaS”) operating company and platform: SheWorks! In June 2023, Unicoin merged Yandiki, previously the Company’s second TaaS operating company, into the SheWorks! operating company. As a holding company, Unicoin is also the majority owner of a traditional staffing agency, ITSQuest, with a regional presence in the U.S. Southwest. Finally, as a holding company, Unicoin also became the majority owner in 2021 of Unicorns, a media production company producing Unicorn Hunters, a business and investing reality show. The legacy operations of our SaaS business (engaged in providing workforce management software to better monitor and manage a remote workforce) are currently being phased out of our operations through customer attrition, and are no longer the focus of our efforts. The Company is developing a security token called Unicoin, whose value is intended to be supported by the equity positions purchased from Unicorn Hunters show participants, as well as equity positions acquired from non-show participants for other services. In the future, such equity positions may be held in a fund (the “Fund”), that has yet to be created, in order to facilitate proper management of the asset portfolio. The Unicoins will have a utility function in what is referred to as the “Unicorn Hunters Ecosystem,” in that holders may use Unicoins to purchase media inventory at our discounted rate. The Company plans to purchase media inventory and resell it to Unicoin holders in exchange for Unicoins and/or cash, thereby giving such holders preferred access and pricing for media inventory and allowing the Company to retain a portion of the “spread” in pricing for its effort. Exact pricing and spreads will be determined on a case-by-case basis and have not been predetermined. The Company expects that when equity positions held in the Fund are liquidated through a liquidity event, a specified portion of the resulting proceeds will be distributed to holders of Unicoins. Business Organization Operating segments are defined as components of an enterprise for which separate financial information is evaluated regularly by the chief operating decision maker, or decision-making group in deciding how to allocate resources and in assessing performance. The Company evaluates operating results based on measures of performance, including revenues and gross profit (loss). The Company currently operates in the following three reporting segments: SaaS, TaaS and Unicorn Hunters. Refer to Note 16 – Segment Information. Going Concern These condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (GAAP) assuming the Company will continue as a going concern. The going concern assumption contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The Company incurred net losses of $(3,818) (3,818,470) (2,521,877) (3,070 (1,687) (135,230) (131,375) The Company is evaluating strategies to obtain the required additional funding for future operations. These strategies may include, but are not limited to, issuing Unicoin Rights, obtaining equity financing, issuing debt, or entering other financing arrangements, and restructuring of operations to grow revenues and decrease expenses. However, in view of uncertainties in U.S. and global financial markets, the Company may be unable to access further equity or debt financing when needed. As such, there can be no assurance that the Company will be able to obtain additional liquidity when needed or under acceptable terms, if at all. The condensed consolidated financial statements do not include any adjustments to the carrying amounts and classification of assets, liabilities, and reported expenses that may be necessary if the Company were unable to continue as a going concern.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“U.S. GAAP”) and include the accounts of Unicoin Inc., its wholly owned subsidiary, SheWorks! and Yandiki (for periods prior to its June 2023 merger with SheWorks!), as well as ITSQuest and Unicorns. These entities are consolidated in accordance with Accounting Standards Codification (“ASC”) 810, Consolidations . 51% 71.88% 66.67% On February 21, 2024, the Company’s majority owned subsidiary, Unicorns, issued 5,000,000 66.67% 62.50% On March 11, 2024, Moe Vela sold his entire ownership in Unicorns of 7,500,000 62.50% 71.88% Certain information and note disclosures normally included in condensed consolidated financial statements prepared in accordance with U.S. GAAP have been condensed or omitted. Accordingly, these unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes for the years ended December 31, 2023 and 2022 included in the Company’s Form 10-K for the year ended December 31, 2023. The unaudited condensed consolidated balance sheet as of December 31, 2023, included herein, was derived from the audited consolidated balance sheet of the Company as of that date. Variable Interest Entity The Company’s policy is to consolidate all subsidiaries or other entities in which it has a controlling financial interest. The consolidation guidance under ASC 810 requires an analysis to determine if an entity should be evaluated for consolidation under the voting interest entity (“VOE”) model or the variable interest model (“VIE”). Under the VOE model, controlling financial interest is generally defined as majority ownership of voting interests. The consolidated financial statements include the accounts of all subsidiaries or other entities in which the Company has a direct or indirect controlling financial interest. The Company assesses all entities in which it has a significant economic, ownership or other financial interest for consolidation on a case-by-case basis depending on the specific facts and circumstances surrounding each entity. Pursuant to ASC 810, the Company first evaluates whether it holds a variable interest in an entity. The Company considers all economic interests, including proportionate interests through related parties, to determine if such interests are considered a variable interest. For any entity where the Company has determined that it does hold a variable interest, the Company performs an assessment to determine whether it qualifies as a VIE. The Company consolidates a VIE if it is the primary beneficiary having the power to direct the activities that most significantly affect the economic performance of the VIE as well as the obligation to absorb losses and the right to receive benefits that could be significant to the VIE. Management evaluated whether Unicorns meets the criteria for classification as a VIE or as VOE and concluded that Unicorns meets the criteria of a VIE. Management further concluded that the Company is the primary beneficiary of Unicorns because the Company has the power to direct the activities that most affect its economic performance and further has the obligation to absorb losses and the right to receive benefits that could be significant to the VIE. Accordingly, the Company is required to consolidate Unicorns as a VIE. Use of Estimates The preparation of condensed consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions in the condensed consolidated financial statements and accompanying notes. Significant estimates and assumptions made by us include: the valuation of Unicoin Rights and the related embedded feature, valuation of non-cash contract consideration received from certain investors in Unicoin Rights, the valuation of non-cash consideration received from Unicorns customers and the associated revenue recognition; valuation of investments in private companies; valuation of land and other real estate received in exchange for Unicoin Rights; valuation of the Company’s common stock as a private company, valuation of the NCI in ITSQuest; valuation of the ITSQuest contingent divestiture; determination of the useful lives assigned to intangible assets; assessments for potential impairment of goodwill and acquisition related intangible assets; assessments of the recoverability of accounts receivable and determination of the fair value of certain stock awards issued. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable, the result of which forms the basis for making judgements about the carrying values of assets and liabilities. Actual results could differ materially from those estimates. Risks and Uncertainties The Company is subject to a number of risks that are similar to those which other companies of similar size in its industry are facing, including, but not limited to, the need for additional capital (or financing) to fund operations, competition from substitute products and services from larger companies, protection of proprietary technology, dependence on key customers, dependence on key individuals, and risks associated with changes in information technology. Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash, cash equivalents and accounts receivable. The Company’s cash and cash equivalents are held in accounts with major financial institutions, and, at times, exceed federally insured limits. As of March 31, 2024 and December 31, 2023, respectively, the Company had $ 3,345 5,657 In addition, as discussed in Note 4, as of March 31, 2024 and December 31, 2023 the Company has non-cash receivables consisting of options and warrants to purchase common stock in privately-held companies. The options and warrants underlying these non-cash receivables are subject to significant fluctuations in market values. As discussed in Note 5, the Company has accepted digital assets as consideration from certain investors in exchange for equity, debt or Unicoin Rights issued by the Company. Digital asset market values are subject to significant fluctuations based on supply and demand for such digital assets and other factors. The Company can either hold, sell, or use digital assets as payment to vendors. Digital asset price risk could adversely affect future operating results including earnings, cash flows and the Company’s ability to meet its ongoing obligations. During the three months ended March 31, 2024, the Company had two customers (“Customer A” and “Customer B”) for which revenue accounted for more than 10% of total revenue. Customer A and Customer B accounted for 26% 16% 15 12% 41% 12% 5% The Share Exchange Agreement (“SEA”) that the Company entered into in order to acquire a majority stake in ITSQuest, as amended on December 28, 2022, contains a contingent divestiture provision whereby if by December 31, 2024, the Company does not either (i) engage in an initial public offering of its securities at a price of at least $10.00 per share or (ii) cause the Company’s proposed security tokens (Unicoins) to become tokenized and listed on a cryptocurrency exchange with a quoted price at or above $1.00 per token, then the Company will be required to divest itself of the acquired ITSQuest equity by returning the same to the founders of ITSQuest, and such founders shall be entitled to retain the shares of the Company received pursuant to the SEA. As of the filing date of this Quarterly Report on Form 10-Q, the Company cannot yet assess the likelihood or probability of achieving either of the two trigger events necessary to avoid divestiture if ITSQuest. As a result of the extended deadline provided in the Amended SEA, the Company cannot yet assess the likelihood or probability of achieving either of the two trigger events necessary to avoid divestiture if ITSQuest. However, if the Company is not able to achieve an initial offering of its Common Stock or an initial registration of its Unicoins, sufficient to meet the criteria outlined in the Amended SEA on or before December 31, 2024, the Company’s business, financial condition, results of operations and liquidity will be materially impacted as ITSQuest represented Company assets of $ 10,145 10,279 4,330 3,573 897 2,925 Accounting Pronouncements Recently Adopted Financial Instruments - Credit Losses The Company adopted Accounting Standards Update (“ASU”) 2016-13, Financial Instruments – Credit Losses Measurement of Credit losses on financial instruments Under ASC 326, Accounts receivable is recorded at the invoiced amount, net of allowance for expected credit losses. The Company’s primary allowance for credit losses is the allowance for doubtful accounts. The allowance for doubtful accounts reduces the Account receivable balance to the estimated net realizable value. The Company regularly reviews the adequacy of the allowance for credit losses based on a combination of factors. In establishing any required allowance, management considers historical losses adjusted for current market conditions, the Company’s customers financial condition, the amount of any receivables in dispute, the current receivables aging, current payment terms and expectations of forward-looking loss estimates. All provisions for the allowance for doubtful accounts are included as a component of general and administrative expenses on the accompanying condensed consolidated statements of operations and comprehensive loss. Accounts receivable deemed uncollectable are charged against the allowance for credit losses when identified. Subsequent recoveries of amounts previously written off are credited to earnings in the period recovered. The allowance for doubtful accounts related to Unicorns non-cash receivables is subject to uncertainty because the fair value of the underlying private company options, warrants or shares could change subsequent to the initial determination of fair value and before receipt of the related option, warrant or share certificates. In addition, unforeseen circumstances could arise after contract inception which could impact the customer’s intent or ability to pay. Because the value of any one of the receivables associated with Unicorn’s contracts may be material, changes such as these could have a material effect on the Company’s future financial condition, results of operations and cash flows. Since the inception of Unicorn Hunters, the Company has recognized revenue in connection with seven Unicorn Hunters agreements. The total revenue amount related to these agreements was $ 10,130 1,510 41% 39% 0.5% 5% The Company reviews each outstanding customer’s non-cash receivable balance with management of the private company customer, and records an allowance for doubtful accounts if either of the following are noted: a. A specific milestone, equity financing or other event has occurred that is a clear indication that there has been a material change in the enterprise value of the private company customer since the original recording of the Unicorns accounts receivable balance and before the Company has received the underlying stock option, warrants or shares certificates. b. The Company’s review identifies facts and circumstances that have substantially changed either the private company customers’ intent or its ability to issue the stock option, warrants or shares certificates due in satisfaction of their related accounts receivable balance. To date, the Company has not recorded any bad debt expense or allowance for doubtful accounts related to Unicorn Hunters non-cash receivables and the Company has not experienced any fluctuations or significant matters, relating to any of its businesses, that would require recording a material allowance for doubtful accounts in any period to date. Significant Accounting Policies Other than the discussion of our accounting policy for Asset Swap Agreement and Related Commission Revenue Recognition Revenue Sources The Company primarily derives its revenues from three revenue streams: 1. Subscription Revenue 2. Staffing Revenue 3. Unicorns Revenue Refer to Note 16 – Segment Information for disaggregated revenue information.

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	3 Months Ended
	Mar. 31, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENT	NOTE 3 – FAIR VALUE MEASUREMENT The Company measures the fair value for financial instruments under ASC 820. ASC 820 defines fair value, establishes a framework for measuring fair value in accordance with U.S. GAAP, and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements, ASC 820 establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three levels, as follows: Level 1 Quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 Significant other inputs that are directly or indirectly observable in the marketplace. Level 3 Assets and liabilities whose significant value drivers are unobservable. Observable inputs are based on market data obtained from independent sources, while unobservable inputs are based on the Company’s market assumptions. Unobservable inputs require significant management judgment or estimation. In some cases, the inputs used to measure an asset or liability may fall into different levels of the fair value hierarchy. In those instances, the fair value measurement is required to be classified using the lowest level of input that is significant to the fair value measurement. Such determination requires significant management judgment. The Company has revised its Intangible Assets and Financial Assets accounting policies to account for USD Coin (“USDC”) as a financial asset. As a result, USDC will be measured at fair value in future periods with changes in fair value reported in earnings as they occur. The Company previously reported USDC within Intangible assets, net, and has reclassified USDC to prepaid expenses and other current assets beginning in the third quarter of 2023. The Company’s USDC balance as of March 31, 2024 and December 31, 2023 amounted to $ 0 The following table is a summary of financial assets measured at fair value on a recurring basis and their classification within the fair value hierarchy. Schedule of fair value assets measured on recurring basis As of March 31, 2024 Carrying Level 1 Level 2 Level 3 Total ASSETS Money market funds $ 3,505,221 $ 3,505,221 $ - $ - $ 3,505,221 As of December 31, 2023 Carrying Level 1 Level 2 Level 3 Total ASSETS Money market funds $ 5,299,530 $ 5,299,530 $ - $ - $ 5,299,530 As discussed in Note 7, the obligation to settle the Company’s Unicoin Rights liability through the exchange of a fixed number of Unicoins, when and if all contingencies are resolved and Unicoins are launched, represents an embedded feature that may result in additional charges to the Company’s consolidated statements of operations and comprehensive loss upon settlement. The embedded feature was initially valued at $ 0 Assets Measured at Fair Value on a Non-Recurring Basis As discussed in Notes 2 and 4, consideration from Unicorns customers generally consists of commitments to issue stock options or warrants from customers which appear on the Unicorn Hunters show. This non-cash consideration is recognized in accounts receivable at the estimated fair values at or near the dates of contract inception using Level 3 inputs. The fair value of these commitments, as well as the options or warrants of private companies, held upon settlement of such receivables, as measured using Level 3 inputs, may fluctuate as discussed in Note 5. Certain other items such as goodwill, intangible assets, contingent divestiture and NCI resulting from the ITSQuest acquisition are recognized or disclosed at fair value on a non-recurring basis. The Company determines the fair value of these items using Level 3 inputs. There are inherent limitations when estimating the fair value of financial instruments, and the fair values reported are not necessarily indicative of the amounts that would be realized in current market transactions.

INVESTMENTS IN PRIVATELY-HELD C

INVESTMENTS IN PRIVATELY-HELD COMPANIES	3 Months Ended
	Mar. 31, 2024
Investments In Privately-held Companies
INVESTMENTS IN PRIVATELY-HELD COMPANIES	NOTE 4 – INVESTMENTS IN PRIVATELY-HELD COMPANIES Revenue and accounts receivable for Unicorns generally consists of the fair value of stock options or warrants committed from companies that have appeared on the Unicorn Hunters show. The options or warrants underlying the commitments typically have a term of five to ten years and accounts receivable are recorded at the estimated fair value of such options or warrants as determined at contract inception. Subsequent to issuance of the option or warrant certificates to the Company, the related receivables are reclassified to investments in privately-held companies, a long-term asset account representing investments in private company equity securities or rights to acquire private company equity securities. The Company’s non-cash receivables and the underlying investments in privately-held companies do not have readily determinable fair values. The initial amount measured and recognized (i.e., estimated fair value at or near contract inception) is subsequently adjusted to fair value on a nonrecurring basis based on observable price changes from orderly transactions of identical or similar securities of the same issuer or upon impairment. These investments are classified within Level 3 of the fair value hierarchy as we estimate the value based on valuation methods using the observable transaction price at the transaction date and other significant unobservable inputs, such as volatility, rights and obligations related to these securities. These valuations require management judgment due to the absence of an observable market price and lack of liquidity. The following tables summarize the Company’s non-cash receivables and investments in privately-held companies as of March 31, 2024 and December 31, 2023, respectively: Schedule of non-cash receivables and investments in privately held companies March 31, December 31, Unicorn Hunters non-cash receivables $ 1,509,528 $ 1,509,528 Investments in privately-held companies * 8,627,000 8,627,000 Carrying value of non-cash receivables and investments in privately-held companies $ 10,136,528 $ 10,136,528 * The current carrying value of Unicorn Hunters non-cash consideration equals the fair values at which such investments were originally recorded. No impairments or upward adjustments to estimated fair values have been recorded to-date because there have been no observable price changes related to the Company’s investments in privately held companies or non-cash receivables representing promises to issue such securities. As of March 31, 2024 and December 31, 2023, the Company has outstanding non-cash receivables from one Unicorn Hunters’ customer amounting to $ 1,510

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS INCLUDING DIGITAL ASSETS	3 Months Ended
	Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS INCLUDING DIGITAL ASSETS	NOTE 5 – GOODWILL AND INTANGIBLE ASSETS INCLUDING DIGITAL ASSETS Goodwill and Acquisition-Related Intangible Assets As of March 31, 2024 and December 31, 2023, the Company’s goodwill balance was $ 3,866 no Acquisition-related intangible assets consisted of the following as of March 31, 2024 and December 31, 2023: Schedule of finite-lived intangible assets March 31, 2024 Useful life Gross Accumulated Net Intangible assets with finite lives: Customer Relationships 15 $ 3,011,000 $ 669,111 $ 2,341,889 Trade Names 5 770,000 513,334 256,666 $ 3,781,000 $ 1,182,445 $ 2,598,555 December 31, 2023 Useful life Gross Accumulated Net Intangible assets with finite lives: Customer Relationships 15 $ 3,011,000 $ 618,926 $ 2,392,074 Trade Names 5 770,000 474,835 295,165 $ 3,781,000 $ 1,093,761 $ 2,687,239 Intangible assets were recorded at fair value consistent with the requirements of ASC 805 as a result of the acquisition of ITSQuest. Pursuant to ASC 820, the fair value measurement of the assets was based on significant inputs not observable in the market and represent Level 3 measurements within the fair value measurement hierarchy. Level 3 fair market values were determined using a variety of information, including estimated future cash flows and market comparable data and companies. Amortization expense related to intangible assets was $ 89 Schedule of amortization expense Schedule of amortization expense: Amortization 2024 (April 1 to December 31) $ 266,050 2025 341,900 2026 200,733 2027 200,733 2028 200,733 Thereafter 1,388,406 Total $ 2,598,555 The Company performed its most recent qualitative assessments of goodwill and intangible assets, as of December 31, 2023, to determine if the carrying values of these assets exceeded their fair values noting there were no indicators of impairment for goodwill or intangible assets. Digital Assets The Company records the initial cost basis of digital assets at their original purchase price or the then-current quoted market prices and presents all digital asset holdings as indefinite-lived intangible assets in accordance with ASC 350, Intangibles—Goodwill and Other, except USD Coin. The Company performs an analysis to identify whether events or changes in circumstances, principally decreases in the quoted prices on active exchanges, indicate that it is more likely than not that our digital assets are impaired. In determining if an impairment has occurred, we consider the quoted price of the digital asset. If the then current carrying value of a digital asset exceeds the fair value so determined, an impairment loss has occurred with respect to those digital assets in the amount equal to the difference between their carrying values and the price determined. The Company has revised its impairment loss assessment methodology for digital assets to record write-downs to the lowest market price of one unit of digital asset quoted on the active exchange since acquiring the digital asset (i.e., on a daily basis rather than quarterly). This revision would be consistent with the requirements of ASC 350-30-35-19, which indicates impairment exists whenever carrying value exceeds fair value. It also indicates that after an impairment loss is recognized, the adjusted carrying amount of the intangible asset shall be its new accounting basis. Management assessed the potential difference in impairment loss that would have resulted in prior periods if this impairment methodology had been applied retroactively, noting the amounts were immaterial. During the three months ended March 31, 2024 and 2023 the Company received digital assets as consideration from investors for the purchases of Unicoin Rights, common stock and private placement unsecured notes issued by the Company. These digital assets included Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and Wrapped Ethereum (WETH). Unicoin Rights are more fully discussed in Note 7. The Company utilized $ 28 0 During the three months ended March 31, 2024 and 2023, the Company recorded $ 6 0 The table below summarizes the Company’s digital asset activity for the three months ended as of March 31, 2024 and 2023: Schedule of digital assets March 31, March 31, Bitcoin $ 1,544 $ - Ethereum 10,758 - Tether 1,965 - Wrapped Ethereum 293 - Total $ 14,560 $ - Schedule of digital assets activity Three Months Ended BTC ETH USDT WETH 2024 2023 Beginning balance $ 4 $ 958 $ - $ 292 $ 1,254 $ - Payments from customers 17,810 - - - 17,810 Received as consideration for sale of Unicoin Rights 11,906 15,711 1,965 - 29,582 - Vendors payments (28,338 ) - - - (28,338 ) - Fees and other - 4 - - 4 - Impairments 162 (5,914 ) - - (5,752 ) - Ending balance $ 1,544 $ 10,758 $ 1,965 $ 292 $ 14,560 $ - The market value of the Company’s digital assets, based on quoted prices on active exchanges, was approximately $ 15 0

DEBT

DEBT	3 Months Ended
	Mar. 31, 2024
Debt Disclosure [Abstract]
DEBT	NOTE 6 – DEBT As of March 31, 2024 and December 31, 2023 the Company held short-term debt of $ 265 309 During the years ended December 31, 2023, 2022 and 2021, the Company issued unsecured promissory notes in separate private placements with aggregate principal of $ 136 80 1,229 20.0% The Unsecured Notes generally rank pari-passu relative to other unsecured obligations. As of March 31, 2024, $ 265 Schedule of outstanding balances by the maturity date Outstanding Balance Issuance Date Maturity Date Extended to 10,000 June 2021 June 2024 157,000 July 2021 July 2024 10,000 September 2021 September 2024 1,000 October 2021 October 2024 16,000 November 2022 November 2024 8,000 May 2023 May 2024 63,200 June 2023 June 2024 265,200 Interest expense on Unsecured Notes of $ 15 37

UNICOIN RIGHTS FINANCING OBLIGA

UNICOIN RIGHTS FINANCING OBLIGATION	3 Months Ended
	Mar. 31, 2024
Unicoin Rights Financing Obligation
UNICOIN RIGHTS FINANCING OBLIGATION	NOTE 7 – UNICOIN RIGHTS FINANCING OBLIGATION The Company is developing a security token called Unicoin (“Unicoins” or “Tokens”) whose value is intended to be supported by the returns generated by equity positions received from Unicorn Hunters show participants, as well as the returns from equity positions acquired from non-show participants for other services. Such equity positions may be held in a to-be-created investment fund (the “Fund”), to facilitate proper management of the equity portfolio. The intention of the Company is that when equity positions held by the Fund are liquidated through a liquidity event, some or all of the realized gains are to be distributed to holders of the Unicoins. The holders of Unicoins will only realize a gain in the event of a liquidity event of such equity positions. Unicoin Rights do not represent an equity interest in the company or any other entity, there are no voting rights granted to the holder of Unicoin Rights, the Unicoin Rights Certificate currently does not trade on any stock exchange or cryptocurrency exchange platform. Unicoins may never be developed or launched, as a result, this investment could result in total loss of invested funds. The Company is offering Unicoin Right Certificates (“Unicoin Rights” or “Rights”) with terms and conditions which are set forth in a confidential private placement memorandum initially dated February 2022 (“the Offering”). The Offering is being conducted pursuant to an exemption from U.S. securities registration requirements provided by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”) and Rule 506(c) thereunder. Each U.S. domiciled investor in Unicoin Rights must be an “accredited investor,” as defined in Rule 501 of the Securities Act. As of March 31, 2024, cumulative issuances since the beginning of the Unicoin token project amounted to 3,255,572,335 Unicoin Rights, of which 25,795,420 have been given on a discretionary basis for no consideration. There are currently 75,003 total holders of Unicoin Rights listed in the Company’s registry (not accounting for duplication for individuals who invested more than once), including the holders of free coins, and 5,631 purchasers worldwide. Of these, approximately 1,525 (2.03% of total holders and 27.08% of purchasers) are accredited and 4,106 (5.47% of holders) are not accredited or were not verified. Of the 5,631 purchasers, 4,106 were not accredited or not verified (72.91%). Note that non-accredited holders or those not verified are either non-US Persons who purchased pursuant to Regulation S, or were given Unicoin Rights for free, and thus were not sold Unicoin Rights. As of March 31, 2024 and December 31, 2023, the Company has issued rights to acquire 6.2 billion 6.2 billion The Company has begun exploring possible service providers and exchanges which can assist with the tokenization of Unicoins and eventual launch but has not yet begun actual technological development or coding of the tokens. The Company reasonably expects that technical development can happen in a relatively short time, assuming regulatory readiness for launch, and hopes to complete this process by the end of the 2024 calendar year. Neither the Unicoin Rights nor the tokenized Unicoins will grant any intellectual property rights to holders. As of March 31, 2024 and through the filing date of this Quarterly Report on Form 10-Q, the Company has not developed or issued any Unicoins and there is no assurance as to whether, or at what amount, or on what terms, Unicoins will be available to be issued, if ever. As of March 31, 2024 and December 31, 2023 the outstanding financing obligation related to Unicoin Rights was $ 87,617 84,674 The expected fair value measurement of the embedded feature applicable to the Company’s 6.2 billion Unicoin Rights and 6.2 billion Unicoin Rights issued and outstanding as of March 31, 2024 and December 31, 2023, respectively, was based on significant inputs not observable in the market and represent Level 3 measurements within the fair value measurement hierarchy. Level 3 fair market values were determined using a variety of information, including estimated future cash flows. The following table summarizes the components of the Unicoin Rights financing obligation recorded on the Company’s condensed consolidated balance sheet as of March 31, 2024 and December 31, 2023: Schedule of components of the unicoin rights financing obligation Nature / Category of Form of Consideration Outstanding Unicoin Rights and March 31, December 31, Units Amount Units Amount Sales to Investors Cash and Digital Assets 1,742,209,443 $ 37,545,865 1,763,813,346 $ 38,198,488 Unicoin Inc. Shareholders Non-Cash Dividends 727,725,875 72,772 727,594,375 72,772 Employee, Contractors, Directors Discretionary Compensation 365,991,178 36,599 340,112,801 34,012 Service Providers, Influencers and Employees Services and Employee Labor 255,812,474 27,997,802 243,287,273 25,603,663 Subtotal 3,091,738,970 $ 65,653,038 3,074,807,795 $ 63,908,935 ITSQuest Contingent Divestiture Amendment Contract Amendment 20,000,000 1,780,000 20,000,000 1,780,000 Five-Year Deferred Payment Plan Cash 3,115,037,053 * 17,391,488 3,101,478,719 * 17,047,143 Ten-Year Prepaid Plan Cash 8,388,046 * 2,081,260 8,175,047 * 1,937,944 Asset Swap Agreement and Related Commissions Land 1,921,147 711,074 - - Total 6,237,085,216 $ 87,616,860 6,204,461,561 $ 84,674,022 * Unicoin Rights certificates for Units under the Five-Year Deferred Payment Plan and the Ten-Year Prepaid Plan will not be issued until the purchase transaction is completed under the terms discussed in the explanatory sections below for “Five-Year Deferred Payment Plan” and “Ten-Year Prepaid Plan”. Sales to Investors As of March 31, 2024 and December 31, 2023, the Unicoin Rights financing obligation associated with sales to Accredited Investors amounted to $ 37,546 38,198 Dividend Issued to Shareholders The Company declared and issued a non-cash dividend of Unicoin Rights, on a pro-rata basis, to all shareholders of record as of the dividend declaration date of February 10, 2022. This non-cash dividend was the initial issuance of Unicoin Rights, prior to finalizing any plan to market and sell Rights in connection with any of the Company’s financing rounds, and at the time of the pro-rata distribution, management and the Board had not yet ascribed a value to such Rights. As a result, the Company has ascribed a de minimis value to all Unicoin Rights issued to shareholders on February 10, 2022. As of March 31, 2024 and December 31, 2023, the Unicoin Rights financing obligation associated non-cash dividend of Unicoin Rights amounted to $ 73 73 Discretionary Payments to Employees, Contractors and Directors The Company has issued Unicoin Rights to certain employees, Board members and external contractors/consultants as discretionary awards. These Unicoin Rights were issued on a discretionary basis and do not indicate that employees, Board members or contractors/consultants are being rewarded with a specific value attributable to past or future services rendered by such individuals. The Unicoin Rights were also not issued as a replacement for, or in lieu of, cash or equity awards due under any type of pre-determined bonus or other incentive plan that quantifies a value that the holders are entitled to as a result of their services or performance. The Company believes that, because of the nature of these discretionary awards (i.e., nothing of specific value was exchanged to the Company in return), together with the legal disclaimer of any obligation to launch the Unicoin within the terms of the Unicoin Rights agreement, on a per Unicoin Right basis, the amount that holders would be entitled to if the Unicoin is not ultimately launched is de minimis in relation to the actual fair value per Unicoin Right. As of March 31, 2024 and December 31, 2023, the Unicoin Rights financing obligation associated with discretionary payments to employees, contractors and directors amounted to $ 37 34 Issued to Service Providers, Influencers and Employees The Company has issued Unicoin Rights in exchange for services from advertising agencies, marketing firms and other vendors. Also, the Company has issued Unicoin Rights as part of the compensation package negotiated with certain employees. The related contracts for these third-party providers and employees specify the value provided, as negotiated by these parties, and the number of Unicoin Rights accepted as compensation for the dollar value of those services. Similar to Sales to Investors, service providers exchanged a specified, negotiated value relating to services provided to the Company in exchange for Unicoin Rights and has rights to receive either 1) the negotiated number of Unicoins upon development or launch, or 2) payment of cash equivalent to the value of services provided. In addition, from time to time the Company engages Influencers to promote Unicoins and/or the Unicorn Hunters show in exchange for Unicoin Rights. The form of Influencer engagement may include promoting Unicoin in a social media post, making brief reference in a speech, posting about Unicoin on a website or any other media form. These contracts do not specify the value of services rendered by Influencer nor the specific format of engagement required. Because an “engagement” can represent something as simple as brief mention in a speaking engagement, or posting on a social media account, etc. management determined there is very little effort involved by the Influencer in order to perform services in a manner consistent with the contractual terms. As of March 31, 2024 and December 31, 2023, the Unicoin Rights financing obligation associated with Unicoin Rights issued to service providers, influencers and employees amounted to $ 27,998 25,604 Five-Year Deferred Payment Plan In August 2022 the Company began offering a five-year deferred payment plan (the “deferred payment plan”) to investors in its ongoing Unicoin Rights offering. The deferred payment plan permits investors to purchase Unicoin Rights immediately and pay for such Unicoin Rights in five equal annual installments, with the first installment due one year after the date of purchase. Purchases through the deferred payment plan requires that investors provide collateral to the Company having a value of up to 20% of the total purchase price of the purchased Unicoin Rights. Collateral can be in the form of Company common stock owned by the investor, Unicoin Rights already owned by the investor, cash, digital assets or other assets with a demonstrable value, at the Company’s discretion, if such assets can be transferred to the Company or a valid lien on such assets can be secured. Pursuant to the terms of the installment payment plan, both the pledged collateral and the Unicoin Rights being purchased under the installment plan will be forfeited to the Company if the investor fails to make any of the five annual installment payments. During the three months ended March 31, 2024, investors under the five-year deferred payment plan paid installments using previously acquired Unicoin Rights as consideration. The difference between the fair value of the Unicoin Rights as of the time of payment compared to the initial acquisition cost of such, resulted in the recognition of a transaction loss for the Company which was recorded within the general and administrative line item, which amounted to $163 thousand during the three months ended March 31, 2024. The following table summarizes the pledged collateral pursuant to the deferred payment plan as of March 31, 2024 and December 31, 2023: Schedule of pledged collateral Estimated Fair Value of Form of Collateral Received March 31, December 31, Cash $ 750,758 $ 870,715 Digital Assets 121,340 127,840 Non-Unicoin Inc. Stock 1,771,180 1,771,180 Unicoin Inc. Shares of Common Stock 4,108,407 4,457,432 Unicoin Rights 17,093,336 17,135,029 Real Estate 13,129,514 13,129,514 Total $ 36,974,535 $ 37,491,710 The fair value of the collateral received by Company is determined as follows: ○ Cash – Based on the value of cash received. ○ Digital Assets – Fair value is determined based on quoted prices on the active exchanges as of the balance sheet date for the reporting period. ○ Non Unicoin Inc. Stock – Fair value is determined based on quoted prices on the active exchanges as of the balance sheet date for the reporting period. ○ Unicoin Inc. Common Stock – Based on fair value of common stock, as of the balance sheet date for the reporting period, determined with the assistance of a third-party valuation firm. ○ Unicoin Rights – Based on fair value of Unicoin Rights, as of the balance sheet date for the reporting period, determined with the assistance of a third-party valuation firm. ○ Real Estate – Based on third-party appraisal near the date the real estate was accepted as collateral. Ten-Year Prepaid Plan In November 2022 the Company began offering a ten-year prepaid plan (the “prepaid plan”) to investors in its ongoing Unicoin Rights offering. Under the prepaid plan, the investor remits a cash or digital asset deposits (the “principal”) for a period of up to ten years. After the first year (the “maturity date”), the investor can either withdraw the principal or apply it towards the purchase of Unicoins at 20 cents per unit. As of March 31, 2024 and December 31, 2023, cumulative cash receipts of $ 2,081 1,938 190 149 ITSQuest Contingent Divestiture Amendment In December 2022, the Company issued 20 million Unicoin Rights to the previous owners of ITSQuest as part of the consideration given in exchange for amending ITSQuest’s contingent divestiture provision. A total of $ 1,780 Asset Swap Agreement and Related Commission On October 9, 2023, the Company entered into an Asset Swap Agreement with Cesar Armando Sánchez Roberto, a resident of Venezuela, wherein the Company agreed to provide a total of 1,746,497 Unicoin Rights in exchange for real estate assets consisting of 175.265 square meters of land, located in Fundo el Chuponal del Sector la Entrada, Municipio Naguanagua Edo Carabobo, Venezuela. In March 2024, the Company completed its due diligence, released 1,746,497 Unicoin Rights and received the title for the real estate assets. As of March 31, 2024, the Company recorded an Investment in Land asset in its balance sheet amounting to $624 thousand, the fair value of the land as determined by a third-party appraisal. As of March 31, 2024, the Company recorded a Unicoin Right financing obligation of $711 thousand, which consisted of Unicoin Rights with a fair value of $624 thousand and $87 thousand, which were provided to the seller as consideration and a real estate agent as a commission, respectively. Unicoin Rights Issued to Related Parties The Unicoin Rights issuances discussed above include a total of 978 million Unicoin Rights, and the respective Unicoin Rights Financing Obligation of $15,022 thousand, which represent the cumulative amounts issued to related parties during the three months ended March 31, 2024. The composition of this is summarized in the following table: Schedule of unicoin rights issued to related parties Nature / Category Relationship Outstanding Unicoin Rights and March 31, December 31, Units Amount Units Amount Accredited Investors Officers and Directors 3,000,000 $ 30,000 3,000,000 $ 30,000 Unicoin Inc. Shareholders (Dividends) Officers and Directors 542,425,284 54,242 542,425,284 54,242 Discretionary Awards Officers, Directors & their Families 89,329,000 8,933 89,329,000 8,933 Consideration for Services Officers, Directors & their Families 71,859,477 13,131,462 70,895,600 12,723,470 ITSQuest Contingent Divestiture Amendment Former Owners of ITSQuest 20,000,000 1,780,000 20,000,000 1,780,000 Five-Year Deferred Payment Plan Officers, Directors & their Families 251,666,500 17,500 251,666,500 17,500 Total 978,280,261 $ 15,022,137 977,316,384 $ 14,614,145 As of March 31, 2024 and December 31, 2023, the Company held approximately $ 227 269

COMMON STOCK

COMMON STOCK	3 Months Ended
	Mar. 31, 2024
Equity [Abstract]
COMMON STOCK	NOTE 8 – COMMON STOCK The Company is authorized to issue 1,000,000,000 773,452,006 773,232,422 732,533,604 732,320,282 Issuance of Common Stock For the three months ended March 31, 2024, the Company did not issue any common stock. For the three months ended March 31, 2023, Company raised $ 34 Schedule of issuance of common stock Common Stock Issuances by Round Shares Weighted Proceeds Round 4a and 4b 5,500 1.64 $ 9,000 Round 5 6,945 3.60 25,000 Total stock issued 12,445 $ 34,000 All shares were issued from the Company’s pool of authorized common stock, which rights and privileges are discussed above and were the same for all shares issued to date. Each funding round was available for a defined period with a specified price per share and did not overlap with other funding rounds. Investors that subscribed during a specific round, locked the pricing offered for that round and the Company had a limited time to close on the issuance of shares. Once a funding round was fully subscribed and committed, management evaluated capital needs and determined the price for the following round. Repurchases of Common Stock For the three months ended March 31, 2024 and 2023, the Company repurchased 6,262 6,185 2 2 Shares of common stock reserved for future issuance are as follows: Schedule of common stock reserved March 31, December 31, Stock options outstanding (Note 9) 55,535,881 55,535,881 Warrants for common stock (Note 10) 10,110,000 10,310,000 Restricted stock units (Note 9) 65,278 84,862 Dividend of Unicoins As discussed in Note 7, in connection with a February 10, 2022 board consent, the Company declared a non-cash dividend of one Unicoin Right per each common share of record held on February 10, 2022. Approximately 731 million Unicoin Rights were issued as non-cash dividends aggregating to $73 thousand, or $0.0001 per share and was recorded as a reduction of additional paid-in-capital and an increase to the Unicoin Rights liability in the Company’s condensed consolidated balance sheet.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended
	Mar. 31, 2024
Equity [Abstract]
STOCK-BASED COMPENSATION	NOTE 9 – STOCK-BASED COMPENSATION Stock Options Options to purchase common stock are granted at the discretion of the Board of Directors, a committee thereof or, subject to defined limitations, an executive officer of the Company to whom such authority has been delegated. The Company provides discretionary awards such as nonqualified stock options as well as stock awards, any or all of which may be made contingent upon the achievement of performance criteria. The Company, at its discretion, determines the terms and conditions of the award, including the time or times at which an option may be exercised, the methods by which such exercise price may be paid, and the form of such payment. Options are generally granted with an exercise price ranging from $ 0.001 2.00 The Company recorded no stock-based compensation expense relating to stock option awards during the three months ended March 31, 2024 and 2023, respectively. The Company measures the expense using the Black-Scholes option-pricing model. The Black-Scholes option pricing model requires the use of a number of assumptions, including expected volatility, risk-free interest rate, expected dividends, and expected term. Expected volatility is based on the historic volatility of a basket of certain publicly traded comparable companies. Management estimates the expected term of the award based on the contractual as well as the exercise price of the options. The risk-free interest rate is based on the U.S. Treasury yield curve applicable to a period equal to the expected term of the award. The Company accounts for forfeitures as they occur. The following is a summary of stock option activity for the three months ended March 31, 2024: Schedule of assumptions used Number of Weighted Weighted Aggregate Beginning balance January 1, 2024 55,535,881 $ 0.031 5.61 $ 18,619,327 Granted - Exercised - Cancelled - Ending balance March 31, 2024 55,535,881 $ 0.031 5.36 $ 19,170,104 Vested and exercisable as of March 31, 2024 55,535,881 $ 0.031 5.36 $ 19,170,104 Restricted Stock Units RSUs Classified as Equity During 2021, the Company amended certain employment agreements for some of its employees that enabled those employees to receive stock awards worth a fixed dollar amount, either: (i) at end of every month in certain instances; or (ii) on the first anniversary of their respective employments in other instances. The revised employment agreement specifies the maximum number of shares to be issued upon vesting to the respective employees. Equity-classified RSUs have a grant-date fair value equal to the fair market value of the underlying stock on the grant date less present value of expected dividends. These awards vest immediately. The following is a summary of RSU activity for the three months ended March 31, 2024: Schedule of liability and restricted stock units Number of Beginning balance – January 1, 2024 84,862 Granted - Vested (19,584 ) Forfeited - Ending balance – March 31, 2024 65,278 The Company recorded $ 13 39 Unicorns Common Stock Awards On March 14, 2021, Unicorns, a majority-owned subsidiary of the Company, granted Unicorns Common Stock Awards to the executive producers of the Unicorn Hunters TV show. These awards have a grant-date fair value equal to the fair market value of the underlying Unicorns stock on the grant date less present value of expected dividends. During the three months ended June 30, 2021, management recorded de minimis stock-based compensation expense within the Cost of Revenues line item in relation to the vesting of five million Unicorns Common Stock Awards. During the three months ended March 31, 2024, management recorded stock-based compensation expense within the Cost of Revenues line item of $ 100 100

WARRANTS

WARRANTS	3 Months Ended
	Mar. 31, 2024
Warrants
WARRANTS	NOTE 10 – WARRANTS In connection with the execution of multiple Private Placement Memoranda during the years ended December 31, 2018 and 2017, the Company granted sales commission warrants to purchase shares of the Company’s common stock at exercise prices ranging from $0.001 to $1.00 per share with a term of 10 years from the closing date of each offer. These were considered to be share issuance costs and were recognized in Additional Paid in Capital. Common stock purchase warrants issued and currently outstanding are recorded at their initial fair value and reported in stockholders’ equity (deficit) as increases to additional paid-in capital. These warrants were reported as equity, rather than liabilities, since (i) the warrants may not be net-cash settled, (ii) the warrant contractually limits the number of shares to be delivered in a net-share settlement, and (iii) the Company has sufficient unissued common shares available to settle outstanding warrants. Subsequent changes in fair value from the warrants’ initial fair value are not recognized as long as the warrants continue to be classified as equity. As of March 31, 2024 and December 31, 2023 all warrants were classified as equity with a weighted average grant date fair value of $0.02. The table below summarizes warrant activity for the three months ended March 31, 2024: Schedule of common stock warrants Number of Beginning balance as of January 1, 2024 10,310,000 Granted - Exercised (200,000 ) Forfeited - Ending balance as of March 31, 2024 10,110,000

LEASES

LEASES	3 Months Ended
	Mar. 31, 2024
Leases [Abstract]
LEASES	NOTE 11 – LEASES The Company leases its office facilities under operating lease arrangements with varying expiration dates through 2028. Operating lease ROU assets and operating lease liabilities are recognized at the lease commencement date based on the present value of the lease payments over the lease term. ROU assets also include adjustments related to prepaid or deferred lease payments. As the Company’s leases do not provide an implicit rate, it uses the incremental borrowing rate based on the information available at lease commencement date in determining the present value of lease payments. Options to extend a lease are included in the lease term when it is reasonably certain that the Company will exercise such options. As of March 31, 2024, the remaining lease term of the Company’s operating leases ranges from less than one year to five years. The components of operating lease expense are as follows: Schedule of operating lease expense March 31, 2024 2023 Operating lease expense $ 47,975 $ 48,228 Short-term lease expense 26,491 46,343 Total operating lease expense $ 74,466 $ 94,571 The Company excludes leases with a term of 12 months or less from its consolidated balance sheets. For the periods ended March 31, 2024 and March 31, 2023, the Company recorded operating lease expense of $26 26,491 47 46,343 Supplemental balance sheet information related to operating leases was as follow: Supplemental balance sheet information related to operating leases As of March 31, December 31, 2023 Operating leases Assets: Operating lease right-of-use assets $ 273,350 $ 313,655 Liabilities: Current portion of operating lease liabilities $ 150,394 $ 159,679 Operating lease liabilities, noncurrent 129,365 160,470 Total operating lease liabilities $ 279,759 $ 320,149 Other information: Weighted-average remaining lease term (in years) 1.6 1.8 Weighted-average discount rate % 10.00 % 10.00 % As of March 31, 2024, future maturities of operating lease liabilities were as follows: Schedule of maturities of operating lease liabilities Amount 2024 (April 1 through December 31) $ 136,098 2025 115,811 2026 37,767 2027 12,578 2028 10,915 Future operating lease payments 313,169 Imputed interest (33,410 ) Total operating lease liabilities 279,759 Current portion (150,394 ) Operating lease liabilities, noncurrent $ 129,365 The Company did no

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 12 – COMMITMENTS AND CONTINGENCIES From time to time, the Company may be subject to legal proceedings and claims in the ordinary course of business. The Company is currently not aware of any legal proceedings or claims that will have, individually or in the aggregate, a material adverse effect on its condensed consolidated business, financial condition, operation results or cash flows. The Company has agreed to indemnify its directors and executive officers for costs associated with any fees, expenses, judgments, fines and settlement amounts incurred by any of these persons in any action or proceeding to which any of those persons is, or is threatened to be, made a party by reason of the person’s service as a director or officer, including any action by the Company, arising out of that person’s services as the Company’s director or officer or that person’s services provided to any other company or enterprise at the Company’s request. The Company maintains director and officer insurance coverage that would generally enable the Company to recover a portion of any future amounts paid. The Company may also be subject to indemnification obligations by law with respect to the actions of its employees under certain circumstances and in certain jurisdictions. As discussed in Note 2, the Share Exchange Agreement that the Company entered into in order to acquire a majority stake in ITSQuest, contains a contingent divestiture provision whereby if certain conditions are not met the Company will be required to divest itself of the acquired ITSQuest equity by returning the same to the founders of ITSQuest, and such founders shall be entitled to retain the shares of the Company received pursuant to the Exchange Agreement. Refer to Note 13 for discussion regarding the trigger events of the contingent divestiture agreement. Such an event would cause the loss of ITSQuest-associated revenue to the Company while resulting in the Company having issued equity to the ITSQuest founders for only nominal consideration. The Company anticipates the divestiture of ITSQuest may lead to a loss on disposition and such loss may be material to the Company’s future financial position, results of operations and cash flows for periods including the disposition and thereafter.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Mar. 31, 2024
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 13 – RELATED PARTY TRANSACTIONS Unicoin Rights Issued to Related Parties As discussed in Note 7, a total of 978 15,022 977 14,614 Loan from Chief Executive Officer During the three months ended March 31, 2024, the Company paid in full a $ 51 51 645 Extension of ITSQuest’s Contingent Divestiture Provision On December 28, 2022, the Company and the sellers of ITSQuest amended the SEA (the “Amended SEA”) to delay the date of the trigger event to December 31, 2024 (i.e., by an additional 24 months). The original trigger event provided that if the Company did not engage in a public offering of its securities at a price of at least $ 10.00 As consideration for the Amended SEA, 1,500,000 of the Company’s 3,500,000 shares subject to a holdback provision regarding tax liabilities (the “holdback provision”), pending resolution of the ITSQuest tax liability that existed at the time of ITSQuest’s acquisition, were released to the sellers of ITSQuest and 20,000,000 Unicoin Rights were issued upon its execution. The sellers of ITSQuest are a related party as they are employees and stockholders of Unicoin Inc. After release of the aforementioned shares, upon signing the Amended SEA, 2,000,000 shares of common stock remain subject to the holdback provision. Because the measurement period for the ITSQuest acquisition ended, at the latest, on November 30, 2021, the impact of the Amended SEA was not considered as an adjustment to the original purchase price allocation. The Company recorded a Unicoin Rights financing obligation of $ 1,780 20 The Company compared the fair value of the shares subject to the holdback provision immediately before and after the amendment, concluding that the release of these shares prior to the resolution of the ITSQuest tax liability would result in immaterial incremental fair value. As a result, the Company did not record any additional expense associated with the early release of these shares in connection with the amended divestiture provision terms. As a result of the extended deadline provided in the Amended SEA, the Company cannot yet assess the likelihood or probability of achieving either of the two trigger events necessary to avoid divestiture if ITSQuest. However, if the Company is not able to achieve an initial offering of its Common Stock or an initial registration of its Unicoins, sufficient to meet the criteria outlined in the Amended SEA on or before December 31, 2024, the Company’s business, financial condition, results of operations and liquidity will be materially impacted as ITSQuest represented Company assets of $ 10,145 10,279 4,330 897

INCOME TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 14 – INCOME TAXES The Company recorded income tax expense of $ 89 70 2.4% 2.9% no

NET LOSS PER SHARE

NET LOSS PER SHARE	3 Months Ended
	Mar. 31, 2024
Earnings Per Share [Abstract]
NET LOSS PER SHARE	NOTE 15 – NET LOSS PER SHARE Net loss per common share is calculated in accordance with ASC Topic 260, Earnings Per Share Calculation of net losses per share is as follows for the three months ended March 31, 2024 and March 31, 2023 respectively: Schedule of earning per shares basis and diluted Three months ended Basic and Diluted: 2024 2023 Numerator: Net loss attributable to Unicoin Inc. per consolidated statements of operations $ (3,854,373 ) $ (2,583,889 ) Denominator: Weighted average common shares outstanding used to compute basic and diluted loss per share 732,392,394 733,440,981 Net loss per common share attributable to Unicoin Inc., basic and diluted $ (0.005 ) $ (0.004 ) The following table presents the potentially dilutive shares that were excluded from the computation of diluted net loss per share of common stock attributable to common stockholders, because their effect was anti-dilutive. Schedule of potentially dilutive shares Three Months Ended 2024 2023 Stock options outstanding (Note 9) 55,535,881 55,535,881 Warrants for common stock (Note 10) 10,110,000 10,310,000 Restricted stock units (Note 9) 65,278 330,734

SEGMENT INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Mar. 31, 2024
Segment Reporting [Abstract]
SEGMENT INFORMATION	NOTE 16 – SEGMENT INFORMATION Operating segments are defined as components of an enterprise for which separate financial information is evaluated regularly by the chief operating decision maker, or decision-making group in deciding how to allocate resources and in assessing performance. The Company evaluates operating results based on measures of performance, including revenues and profit (loss). The Company currently operates in the following three reporting segments: SaaS, TaaS and Unicorn Hunters. Our reportable segments consist of SaaS, TaaS and Unicorn Hunters. We determine our operating segments based on how the chief operating decision maker (“CODM”) manages the business, allocates resources, makes operating decisions and evaluates operating performance. The Company’s CODM is the Chief Executive Officer. Our CODM reviews financial information presented on a consolidated basis accompanied by information about revenue and cost of revenue by services type along with gross profit for purposes of allocating resources and evaluating financial performance, as such we have disclosed segment information up to gross profit for each operating segment. Furthermore, our revenues are derived from the United States and foreign countries which includes the South American and European regions (“Foreign countries”). As discussed in Note 1, the Company operates in three business segments – SaaS, which consists of operations related to the Company’s fully integrated all-in-one cloud-based solution to manage remote workers; TaaS, which consists of operations related to the Company’s staffing service offerings, whereby customers are connected to individuals by the Company who are able to assist them in projects; and Unicorns, which consists of operations relative to production and streaming of the Unicorn Hunters show which provides publicity and exposure to customers through their appearances on the Unicorn Hunters show. The following tables you set forth certain reportable segment information relating to where the Company derived its revenue for the three months ended March 31, 2024, and 2023: Schedule of revenue from segments Three Months Ended March 31, 2024 2023 United States Foreign Consolidated United Foreign countries Consolidated Staffing revenues $ 4,901,612 $ 73,240 $ 4,974,852 $ 4,158,476 $ 112,057 $ 4,270,533 Subscription revenues 48 3,569 3,617 500 3,190 3,690 Unicorn Hunters 77 - 77 348 1,511 1,859 Total revenues $ 4,901,737 $ 76,809 $ 4,978,546 $ 4,159,324 $ 116,758 $ 4,276,082 The following tables set forth certain reportable segment information relating to the Company’s operations for the three months ended March 31, 2024 and 2023: Schedule of operations from operations Three Months ended March 31, 2024 SaaS TaaS Unicorn Consolidated Revenues $ 3,617 $ 4,974,852 $ 77 $ 4,978,546 Cost of revenues - 3,949,255 105,625 4,054,880 Gross profit (loss) $ 3,617 $ 1,025,597 $ (105,548 ) $ 923,666 Three Months ended March 31, 2023 SaaS TaaS Unicorn Consolidated Revenues $ 3,690 $ 4,270,533 $ 1,859 $ 4,276,082 Cost of revenues - 3,410,470 24,009 3,434,479 Gross profit (loss) $ 3,690 $ 860,063 $ (22,150 ) $ 841,603 There were no material transactions between reportable segments during the three months ended March 31, 2024 and 2023. Assets by reportable segment and operating costs by reportable segment are not presented as the Company does not allocate assets to its reportable segments, nor is such information used by management for purposes of assessing performance or allocating resources.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2024
Subsequent Events
SUBSEQUENT EVENTS	NOTE 17 – SUBSEQUENT EVENTS Management has evaluated subsequent events through the date of issuance of these condensed consolidated financial statements and has determined that there are no subsequent events outside the ordinary scope of business that require adjustment to, or disclosure in, the condensed consolidated financial statements other than those described below. Unicoin Rights Issued and Purchased For the period from April 1, 2024 through the date of this Quarterly Report on Form 10-Q, we have received cash and non-cash funding of $ 301 109 During the same period, investors signed agreements to purchase 161,001,000 Unicoin Rights as part of the Deferred Payment Plan. Additionally, 24,000 Unicoin Rights were purchased for $12,500 under the 10-Year Option. Asset Swap Agreements In relation to an Asset Swap Agreement the Company entered on July 27, 2023 with Eugenio de la Torre, a U.S. resident, wherein the Company agreed to provide a total of 36,400,000 Unicoin rights in exchange for real estate assets consisting of an agricultural farm called La Esperanza in Cumaribo, Vichada, Colombia. The title to this asset was transferred to the Company in January 2024. The Company released the consideration to the seller in April 2024. On February 9, 2024, the Company entered into an Asset Swap Agreement with Vessa Jenine Rinehart-Phillips, a U.S. Citizen, wherein the Company agreed to provide a total of 747,600 Unicoin Rights in exchange for real estate assets consisting of vacant land described as Parcel 48 of Tract 2147, in the City of California City, County of Kern, State of California, USA, as recorded in Book 7, Page 91 of records of survey in the Office of the County Recorder of said County. The title to this asset was transferred to the Company on March 22, 2024. The Company released the consideration to Seller on April 30, 2024. On April 2, 2024, the Company closed a transaction with New World Properties SPV, Inc., a Bahamas corporation (“New World”), wherein the Company acquired the beneficial interests in two entities that each own specified parcels of land in the Bahamas – Long Island Investments Ltd, and Newport Harbour Ltd., both Bahamian entities, for a combined purchase price of $554,431 thousand, payable in Unicoin Rights. Based on a price of $0.50 each, the Company delivered 1,108,862,283 Unicoin Rights to New World on April 2, 2024. On April 3, 2024, the Company closed in escrow several real estate acquisitions in the Philippines. Title to such properties has not yet been transferred to the Company, as the escrow provisions require tokenization and delivery of the Unicoins payable as consideration for these transactions to be completed prior to title transfer. The escrowed transactions are as follows: Schedule of escrowed transactions Name of Recipient Country Property/Asset Contract Price/ Number of Gold Barrel Social Club Resort, Inc. Philippines Bellaroca Marinduque Philippines $ 54,987,425.00 $ 0.50 109,974,850 Ferdinand Laceste Laranang Philippines Rock Rose Hotel $ 19,685,477.00 $ 0.50 39,370,954 Hausler & Oida, Inc. Philippines Kapuluan Vista Resort $ 1,904,420.00 $ 0.50 3,808,840 Joseph Go Rubio Philippines Joe 10 Building $ 3,809,820.00 $ 0.50 7,619,640 Diana Imelda Teodora T. Castillejos and Paul P. Castillejos Philippines Caba La Union Lot Beach Front $ 7,186,677.00 $ 0.50 14,373,354 Johannes C. Tira and Remedios T. Tira Philippines Kubo Lites Bar And Restaurant $ 1,118,057 $ 0.50 2,236,115 Andres and Aida Franco Philippines Brookside Bed And Breakfast $ 1,025,531.00 $ 0.50 2,051,062 El-Al Enterprises Corporation Philippines El-Al $ 11,528,118.00 $ 0.50 23,056,236 Benito Techico Philippines Pearl Boracay- Sun & Sands Properties Inc $ 77,785,000.00 $ 0.50 155,570,000 Prime 8 Horizons Development Corporation Philippines Lime El Nido $ 62,500,000.00 $ 0.50 125,000,000 Emil Anthony Lio Po Philippines VHUB Barangay Philippines $ 8,750,000.00 $ 0.50 17,500,000 Harry S. Dominguez Philippines Manor Southdrive Baguio $ 6,051,780.00 $ 0.50 12,103,560 Alex Velez Pamatong and Winelita Pamatong Philippines Winrich Hotel $ 17,736,307.00 $ 0.50 35,472,614 MEV8 Inc. Philippines Lime Hotel Boracay $ 15,340,500.00 $ 0.50 30,681,000 Rene Andaya Torredes Philippines Palawan Lot $ 125,842,902.00 $ 0.50 251,685,804 Peter M. Murphy Philippines Maira Ira Resort & Residences $ 13,780,193.00 $ 0.50 27,560,386 Shareholder Dividend The Company declared and issued a non-cash dividend to shareholders of the right to purchase additional equity shares for $ 0.40

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“U.S. GAAP”) and include the accounts of Unicoin Inc., its wholly owned subsidiary, SheWorks! and Yandiki (for periods prior to its June 2023 merger with SheWorks!), as well as ITSQuest and Unicorns. These entities are consolidated in accordance with Accounting Standards Codification (“ASC”) 810, Consolidations . 51% 71.88% 66.67% On February 21, 2024, the Company’s majority owned subsidiary, Unicorns, issued 5,000,000 66.67% 62.50% On March 11, 2024, Moe Vela sold his entire ownership in Unicorns of 7,500,000 62.50% 71.88% Certain information and note disclosures normally included in condensed consolidated financial statements prepared in accordance with U.S. GAAP have been condensed or omitted. Accordingly, these unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes for the years ended December 31, 2023 and 2022 included in the Company’s Form 10-K for the year ended December 31, 2023. The unaudited condensed consolidated balance sheet as of December 31, 2023, included herein, was derived from the audited consolidated balance sheet of the Company as of that date.
Variable Interest Entity	Variable Interest Entity The Company’s policy is to consolidate all subsidiaries or other entities in which it has a controlling financial interest. The consolidation guidance under ASC 810 requires an analysis to determine if an entity should be evaluated for consolidation under the voting interest entity (“VOE”) model or the variable interest model (“VIE”). Under the VOE model, controlling financial interest is generally defined as majority ownership of voting interests. The consolidated financial statements include the accounts of all subsidiaries or other entities in which the Company has a direct or indirect controlling financial interest. The Company assesses all entities in which it has a significant economic, ownership or other financial interest for consolidation on a case-by-case basis depending on the specific facts and circumstances surrounding each entity. Pursuant to ASC 810, the Company first evaluates whether it holds a variable interest in an entity. The Company considers all economic interests, including proportionate interests through related parties, to determine if such interests are considered a variable interest. For any entity where the Company has determined that it does hold a variable interest, the Company performs an assessment to determine whether it qualifies as a VIE. The Company consolidates a VIE if it is the primary beneficiary having the power to direct the activities that most significantly affect the economic performance of the VIE as well as the obligation to absorb losses and the right to receive benefits that could be significant to the VIE. Management evaluated whether Unicorns meets the criteria for classification as a VIE or as VOE and concluded that Unicorns meets the criteria of a VIE. Management further concluded that the Company is the primary beneficiary of Unicorns because the Company has the power to direct the activities that most affect its economic performance and further has the obligation to absorb losses and the right to receive benefits that could be significant to the VIE. Accordingly, the Company is required to consolidate Unicorns as a VIE.
Use of Estimates	Use of Estimates The preparation of condensed consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions in the condensed consolidated financial statements and accompanying notes. Significant estimates and assumptions made by us include: the valuation of Unicoin Rights and the related embedded feature, valuation of non-cash contract consideration received from certain investors in Unicoin Rights, the valuation of non-cash consideration received from Unicorns customers and the associated revenue recognition; valuation of investments in private companies; valuation of land and other real estate received in exchange for Unicoin Rights; valuation of the Company’s common stock as a private company, valuation of the NCI in ITSQuest; valuation of the ITSQuest contingent divestiture; determination of the useful lives assigned to intangible assets; assessments for potential impairment of goodwill and acquisition related intangible assets; assessments of the recoverability of accounts receivable and determination of the fair value of certain stock awards issued. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable, the result of which forms the basis for making judgements about the carrying values of assets and liabilities. Actual results could differ materially from those estimates.
Risks and Uncertainties	Risks and Uncertainties The Company is subject to a number of risks that are similar to those which other companies of similar size in its industry are facing, including, but not limited to, the need for additional capital (or financing) to fund operations, competition from substitute products and services from larger companies, protection of proprietary technology, dependence on key customers, dependence on key individuals, and risks associated with changes in information technology. Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash, cash equivalents and accounts receivable. The Company’s cash and cash equivalents are held in accounts with major financial institutions, and, at times, exceed federally insured limits. As of March 31, 2024 and December 31, 2023, respectively, the Company had $ 3,345 5,657 In addition, as discussed in Note 4, as of March 31, 2024 and December 31, 2023 the Company has non-cash receivables consisting of options and warrants to purchase common stock in privately-held companies. The options and warrants underlying these non-cash receivables are subject to significant fluctuations in market values. As discussed in Note 5, the Company has accepted digital assets as consideration from certain investors in exchange for equity, debt or Unicoin Rights issued by the Company. Digital asset market values are subject to significant fluctuations based on supply and demand for such digital assets and other factors. The Company can either hold, sell, or use digital assets as payment to vendors. Digital asset price risk could adversely affect future operating results including earnings, cash flows and the Company’s ability to meet its ongoing obligations. During the three months ended March 31, 2024, the Company had two customers (“Customer A” and “Customer B”) for which revenue accounted for more than 10% of total revenue. Customer A and Customer B accounted for 26% 16% 15 12% 41% 12% 5% The Share Exchange Agreement (“SEA”) that the Company entered into in order to acquire a majority stake in ITSQuest, as amended on December 28, 2022, contains a contingent divestiture provision whereby if by December 31, 2024, the Company does not either (i) engage in an initial public offering of its securities at a price of at least $10.00 per share or (ii) cause the Company’s proposed security tokens (Unicoins) to become tokenized and listed on a cryptocurrency exchange with a quoted price at or above $1.00 per token, then the Company will be required to divest itself of the acquired ITSQuest equity by returning the same to the founders of ITSQuest, and such founders shall be entitled to retain the shares of the Company received pursuant to the SEA. As of the filing date of this Quarterly Report on Form 10-Q, the Company cannot yet assess the likelihood or probability of achieving either of the two trigger events necessary to avoid divestiture if ITSQuest. As a result of the extended deadline provided in the Amended SEA, the Company cannot yet assess the likelihood or probability of achieving either of the two trigger events necessary to avoid divestiture if ITSQuest. However, if the Company is not able to achieve an initial offering of its Common Stock or an initial registration of its Unicoins, sufficient to meet the criteria outlined in the Amended SEA on or before December 31, 2024, the Company’s business, financial condition, results of operations and liquidity will be materially impacted as ITSQuest represented Company assets of $ 10,145 10,279 4,330 3,573 897 2,925
Accounting Pronouncements Recently Adopted	Accounting Pronouncements Recently Adopted Financial Instruments - Credit Losses The Company adopted Accounting Standards Update (“ASU”) 2016-13, Financial Instruments – Credit Losses Measurement of Credit losses on financial instruments Under ASC 326, Accounts receivable is recorded at the invoiced amount, net of allowance for expected credit losses. The Company’s primary allowance for credit losses is the allowance for doubtful accounts. The allowance for doubtful accounts reduces the Account receivable balance to the estimated net realizable value. The Company regularly reviews the adequacy of the allowance for credit losses based on a combination of factors. In establishing any required allowance, management considers historical losses adjusted for current market conditions, the Company’s customers financial condition, the amount of any receivables in dispute, the current receivables aging, current payment terms and expectations of forward-looking loss estimates. All provisions for the allowance for doubtful accounts are included as a component of general and administrative expenses on the accompanying condensed consolidated statements of operations and comprehensive loss. Accounts receivable deemed uncollectable are charged against the allowance for credit losses when identified. Subsequent recoveries of amounts previously written off are credited to earnings in the period recovered. The allowance for doubtful accounts related to Unicorns non-cash receivables is subject to uncertainty because the fair value of the underlying private company options, warrants or shares could change subsequent to the initial determination of fair value and before receipt of the related option, warrant or share certificates. In addition, unforeseen circumstances could arise after contract inception which could impact the customer’s intent or ability to pay. Because the value of any one of the receivables associated with Unicorn’s contracts may be material, changes such as these could have a material effect on the Company’s future financial condition, results of operations and cash flows. Since the inception of Unicorn Hunters, the Company has recognized revenue in connection with seven Unicorn Hunters agreements. The total revenue amount related to these agreements was $ 10,130 1,510 41% 39% 0.5% 5% The Company reviews each outstanding customer’s non-cash receivable balance with management of the private company customer, and records an allowance for doubtful accounts if either of the following are noted: a. A specific milestone, equity financing or other event has occurred that is a clear indication that there has been a material change in the enterprise value of the private company customer since the original recording of the Unicorns accounts receivable balance and before the Company has received the underlying stock option, warrants or shares certificates. b. The Company’s review identifies facts and circumstances that have substantially changed either the private company customers’ intent or its ability to issue the stock option, warrants or shares certificates due in satisfaction of their related accounts receivable balance. To date, the Company has not recorded any bad debt expense or allowance for doubtful accounts related to Unicorn Hunters non-cash receivables and the Company has not experienced any fluctuations or significant matters, relating to any of its businesses, that would require recording a material allowance for doubtful accounts in any period to date.
Significant Accounting Policies	Significant Accounting Policies Other than the discussion of our accounting policy for Asset Swap Agreement and Related Commission
Revenue Recognition	Revenue Recognition Revenue Sources The Company primarily derives its revenues from three revenue streams: 1. Subscription Revenue 2. Staffing Revenue 3. Unicorns Revenue Refer to Note 16 – Segment Information for disaggregated revenue information.

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	3 Months Ended
	Mar. 31, 2024
Fair Value Disclosures [Abstract]
Schedule of fair value assets measured on recurring basis	Schedule of fair value assets measured on recurring basis As of March 31, 2024 Carrying Level 1 Level 2 Level 3 Total ASSETS Money market funds $ 3,505,221 $ 3,505,221 $ - $ - $ 3,505,221 As of December 31, 2023 Carrying Level 1 Level 2 Level 3 Total ASSETS Money market funds $ 5,299,530 $ 5,299,530 $ - $ - $ 5,299,530

INVESTMENTS IN PRIVATELY-HELD_2

INVESTMENTS IN PRIVATELY-HELD COMPANIES (Tables)	3 Months Ended
	Mar. 31, 2024
Investments In Privately-held Companies
Schedule of non-cash receivables and investments in privately held companies	Schedule of non-cash receivables and investments in privately held companies March 31, December 31, Unicorn Hunters non-cash receivables $ 1,509,528 $ 1,509,528 Investments in privately-held companies * 8,627,000 8,627,000 Carrying value of non-cash receivables and investments in privately-held companies $ 10,136,528 $ 10,136,528 * The current carrying value of Unicorn Hunters non-cash consideration equals the fair values at which such investments were originally recorded. No impairments or upward adjustments to estimated fair values have been recorded to-date because there have been no observable price changes related to the Company’s investments in privately held companies or non-cash receivables representing promises to issue such securities.

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS INCLUDING DIGITAL ASSETS (Tables)	3 Months Ended
	Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of finite-lived intangible assets	Schedule of finite-lived intangible assets March 31, 2024 Useful life Gross Accumulated Net Intangible assets with finite lives: Customer Relationships 15 $ 3,011,000 $ 669,111 $ 2,341,889 Trade Names 5 770,000 513,334 256,666 $ 3,781,000 $ 1,182,445 $ 2,598,555 December 31, 2023 Useful life Gross Accumulated Net Intangible assets with finite lives: Customer Relationships 15 $ 3,011,000 $ 618,926 $ 2,392,074 Trade Names 5 770,000 474,835 295,165 $ 3,781,000 $ 1,093,761 $ 2,687,239
Schedule of amortization expense	Schedule of amortization expense Schedule of amortization expense: Amortization 2024 (April 1 to December 31) $ 266,050 2025 341,900 2026 200,733 2027 200,733 2028 200,733 Thereafter 1,388,406 Total $ 2,598,555
Schedule of digital assets	Schedule of digital assets March 31, March 31, Bitcoin $ 1,544 $ - Ethereum 10,758 - Tether 1,965 - Wrapped Ethereum 293 - Total $ 14,560 $ -
Schedule of digital assets activity	Schedule of digital assets activity Three Months Ended BTC ETH USDT WETH 2024 2023 Beginning balance $ 4 $ 958 $ - $ 292 $ 1,254 $ - Payments from customers 17,810 - - - 17,810 Received as consideration for sale of Unicoin Rights 11,906 15,711 1,965 - 29,582 - Vendors payments (28,338 ) - - - (28,338 ) - Fees and other - 4 - - 4 - Impairments 162 (5,914 ) - - (5,752 ) - Ending balance $ 1,544 $ 10,758 $ 1,965 $ 292 $ 14,560 $ -

DEBT (Tables)

DEBT (Tables)	3 Months Ended
	Mar. 31, 2024
Debt Disclosure [Abstract]
Schedule of outstanding balances by the maturity date	Schedule of outstanding balances by the maturity date Outstanding Balance Issuance Date Maturity Date Extended to 10,000 June 2021 June 2024 157,000 July 2021 July 2024 10,000 September 2021 September 2024 1,000 October 2021 October 2024 16,000 November 2022 November 2024 8,000 May 2023 May 2024 63,200 June 2023 June 2024 265,200

UNICOIN RIGHTS FINANCING OBLI_2

UNICOIN RIGHTS FINANCING OBLIGATION (Tables)	3 Months Ended
	Mar. 31, 2024
Unicoin Rights Financing Obligation
Schedule of components of the unicoin rights financing obligation	Schedule of components of the unicoin rights financing obligation Nature / Category of Form of Consideration Outstanding Unicoin Rights and March 31, December 31, Units Amount Units Amount Sales to Investors Cash and Digital Assets 1,742,209,443 $ 37,545,865 1,763,813,346 $ 38,198,488 Unicoin Inc. Shareholders Non-Cash Dividends 727,725,875 72,772 727,594,375 72,772 Employee, Contractors, Directors Discretionary Compensation 365,991,178 36,599 340,112,801 34,012 Service Providers, Influencers and Employees Services and Employee Labor 255,812,474 27,997,802 243,287,273 25,603,663 Subtotal 3,091,738,970 $ 65,653,038 3,074,807,795 $ 63,908,935 ITSQuest Contingent Divestiture Amendment Contract Amendment 20,000,000 1,780,000 20,000,000 1,780,000 Five-Year Deferred Payment Plan Cash 3,115,037,053 * 17,391,488 3,101,478,719 * 17,047,143 Ten-Year Prepaid Plan Cash 8,388,046 * 2,081,260 8,175,047 * 1,937,944 Asset Swap Agreement and Related Commissions Land 1,921,147 711,074 - - Total 6,237,085,216 $ 87,616,860 6,204,461,561 $ 84,674,022 * Unicoin Rights certificates for Units under the Five-Year Deferred Payment Plan and the Ten-Year Prepaid Plan will not be issued until the purchase transaction is completed under the terms discussed in the explanatory sections below for “Five-Year Deferred Payment Plan” and “Ten-Year Prepaid Plan”.
Schedule of pledged collateral	Schedule of pledged collateral Estimated Fair Value of Form of Collateral Received March 31, December 31, Cash $ 750,758 $ 870,715 Digital Assets 121,340 127,840 Non-Unicoin Inc. Stock 1,771,180 1,771,180 Unicoin Inc. Shares of Common Stock 4,108,407 4,457,432 Unicoin Rights 17,093,336 17,135,029 Real Estate 13,129,514 13,129,514 Total $ 36,974,535 $ 37,491,710
Schedule of unicoin rights issued to related parties	Schedule of unicoin rights issued to related parties Nature / Category Relationship Outstanding Unicoin Rights and March 31, December 31, Units Amount Units Amount Accredited Investors Officers and Directors 3,000,000 $ 30,000 3,000,000 $ 30,000 Unicoin Inc. Shareholders (Dividends) Officers and Directors 542,425,284 54,242 542,425,284 54,242 Discretionary Awards Officers, Directors & their Families 89,329,000 8,933 89,329,000 8,933 Consideration for Services Officers, Directors & their Families 71,859,477 13,131,462 70,895,600 12,723,470 ITSQuest Contingent Divestiture Amendment Former Owners of ITSQuest 20,000,000 1,780,000 20,000,000 1,780,000 Five-Year Deferred Payment Plan Officers, Directors & their Families 251,666,500 17,500 251,666,500 17,500 Total 978,280,261 $ 15,022,137 977,316,384 $ 14,614,145 As of March 31, 2024 and December 31, 2023, the Company held approximately $ 227 269

COMMON STOCK (Tables)

COMMON STOCK (Tables)	3 Months Ended
	Mar. 31, 2024
Equity [Abstract]
Schedule of issuance of common stock	Schedule of issuance of common stock Common Stock Issuances by Round Shares Weighted Proceeds Round 4a and 4b 5,500 1.64 $ 9,000 Round 5 6,945 3.60 25,000 Total stock issued 12,445 $ 34,000
Schedule of common stock reserved	Schedule of common stock reserved March 31, December 31, Stock options outstanding (Note 9) 55,535,881 55,535,881 Warrants for common stock (Note 10) 10,110,000 10,310,000 Restricted stock units (Note 9) 65,278 84,862 Dividend of Unicoins As discussed in Note 7, in connection with a February 10, 2022 board consent, the Company declared a non-cash dividend of one Unicoin Right per each common share of record held on February 10, 2022. Approximately 731 million Unicoin Rights were issued as non-cash dividends aggregating to $73 thousand, or $0.0001 per share and was recorded as a reduction of additional paid-in-capital and an increase to the Unicoin Rights liability in the Company’s condensed consolidated balance sheet.

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	3 Months Ended
	Mar. 31, 2024
Equity [Abstract]
Schedule of assumptions used	Schedule of assumptions used Number of Weighted Weighted Aggregate Beginning balance January 1, 2024 55,535,881 $ 0.031 5.61 $ 18,619,327 Granted - Exercised - Cancelled - Ending balance March 31, 2024 55,535,881 $ 0.031 5.36 $ 19,170,104 Vested and exercisable as of March 31, 2024 55,535,881 $ 0.031 5.36 $ 19,170,104
Schedule of liability and restricted stock units	Schedule of liability and restricted stock units Number of Beginning balance – January 1, 2024 84,862 Granted - Vested (19,584 ) Forfeited - Ending balance – March 31, 2024 65,278

WARRANTS (Tables)

WARRANTS (Tables)	3 Months Ended
	Mar. 31, 2024
Warrants
Schedule of common stock warrants	Schedule of common stock warrants Number of Beginning balance as of January 1, 2024 10,310,000 Granted - Exercised (200,000 ) Forfeited - Ending balance as of March 31, 2024 10,110,000

LEASES (Tables)

LEASES (Tables)	3 Months Ended
	Mar. 31, 2024
Leases [Abstract]
Schedule of operating lease expense	Schedule of operating lease expense March 31, 2024 2023 Operating lease expense $ 47,975 $ 48,228 Short-term lease expense 26,491 46,343 Total operating lease expense $ 74,466 $ 94,571
Supplemental balance sheet information related to operating leases	Supplemental balance sheet information related to operating leases As of March 31, December 31, 2023 Operating leases Assets: Operating lease right-of-use assets $ 273,350 $ 313,655 Liabilities: Current portion of operating lease liabilities $ 150,394 $ 159,679 Operating lease liabilities, noncurrent 129,365 160,470 Total operating lease liabilities $ 279,759 $ 320,149 Other information: Weighted-average remaining lease term (in years) 1.6 1.8 Weighted-average discount rate % 10.00 % 10.00 %
Schedule of maturities of operating lease liabilities	Schedule of maturities of operating lease liabilities Amount 2024 (April 1 through December 31) $ 136,098 2025 115,811 2026 37,767 2027 12,578 2028 10,915 Future operating lease payments 313,169 Imputed interest (33,410 ) Total operating lease liabilities 279,759 Current portion (150,394 ) Operating lease liabilities, noncurrent $ 129,365 The Company did no

NET LOSS PER SHARE (Tables)

NET LOSS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2024
Earnings Per Share [Abstract]
Schedule of earning per shares basis and diluted	Schedule of earning per shares basis and diluted Three months ended Basic and Diluted: 2024 2023 Numerator: Net loss attributable to Unicoin Inc. per consolidated statements of operations $ (3,854,373 ) $ (2,583,889 ) Denominator: Weighted average common shares outstanding used to compute basic and diluted loss per share 732,392,394 733,440,981 Net loss per common share attributable to Unicoin Inc., basic and diluted $ (0.005 ) $ (0.004 )
Schedule of potentially dilutive shares	Schedule of potentially dilutive shares Three Months Ended 2024 2023 Stock options outstanding (Note 9) 55,535,881 55,535,881 Warrants for common stock (Note 10) 10,110,000 10,310,000 Restricted stock units (Note 9) 65,278 330,734

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2024
Segment Reporting [Abstract]
Schedule of revenue from segments	Schedule of revenue from segments Three Months Ended March 31, 2024 2023 United States Foreign Consolidated United Foreign countries Consolidated Staffing revenues $ 4,901,612 $ 73,240 $ 4,974,852 $ 4,158,476 $ 112,057 $ 4,270,533 Subscription revenues 48 3,569 3,617 500 3,190 3,690 Unicorn Hunters 77 - 77 348 1,511 1,859 Total revenues $ 4,901,737 $ 76,809 $ 4,978,546 $ 4,159,324 $ 116,758 $ 4,276,082
Schedule of operations from operations	Schedule of operations from operations Three Months ended March 31, 2024 SaaS TaaS Unicorn Consolidated Revenues $ 3,617 $ 4,974,852 $ 77 $ 4,978,546 Cost of revenues - 3,949,255 105,625 4,054,880 Gross profit (loss) $ 3,617 $ 1,025,597 $ (105,548 ) $ 923,666 Three Months ended March 31, 2023 SaaS TaaS Unicorn Consolidated Revenues $ 3,690 $ 4,270,533 $ 1,859 $ 4,276,082 Cost of revenues - 3,410,470 24,009 3,434,479 Gross profit (loss) $ 3,690 $ 860,063 $ (22,150 ) $ 841,603

SUBSEQUENT EVENTS (Tables)

SUBSEQUENT EVENTS (Tables)	3 Months Ended
	Mar. 31, 2024
Subsequent Events
Schedule of escrowed transactions	Schedule of escrowed transactions Name of Recipient Country Property/Asset Contract Price/ Number of Gold Barrel Social Club Resort, Inc. Philippines Bellaroca Marinduque Philippines $ 54,987,425.00 $ 0.50 109,974,850 Ferdinand Laceste Laranang Philippines Rock Rose Hotel $ 19,685,477.00 $ 0.50 39,370,954 Hausler & Oida, Inc. Philippines Kapuluan Vista Resort $ 1,904,420.00 $ 0.50 3,808,840 Joseph Go Rubio Philippines Joe 10 Building $ 3,809,820.00 $ 0.50 7,619,640 Diana Imelda Teodora T. Castillejos and Paul P. Castillejos Philippines Caba La Union Lot Beach Front $ 7,186,677.00 $ 0.50 14,373,354 Johannes C. Tira and Remedios T. Tira Philippines Kubo Lites Bar And Restaurant $ 1,118,057 $ 0.50 2,236,115 Andres and Aida Franco Philippines Brookside Bed And Breakfast $ 1,025,531.00 $ 0.50 2,051,062 El-Al Enterprises Corporation Philippines El-Al $ 11,528,118.00 $ 0.50 23,056,236 Benito Techico Philippines Pearl Boracay- Sun & Sands Properties Inc $ 77,785,000.00 $ 0.50 155,570,000 Prime 8 Horizons Development Corporation Philippines Lime El Nido $ 62,500,000.00 $ 0.50 125,000,000 Emil Anthony Lio Po Philippines VHUB Barangay Philippines $ 8,750,000.00 $ 0.50 17,500,000 Harry S. Dominguez Philippines Manor Southdrive Baguio $ 6,051,780.00 $ 0.50 12,103,560 Alex Velez Pamatong and Winelita Pamatong Philippines Winrich Hotel $ 17,736,307.00 $ 0.50 35,472,614 MEV8 Inc. Philippines Lime Hotel Boracay $ 15,340,500.00 $ 0.50 30,681,000 Rene Andaya Torredes Philippines Palawan Lot $ 125,842,902.00 $ 0.50 251,685,804 Peter M. Murphy Philippines Maira Ira Resort & Residences $ 13,780,193.00 $ 0.50 27,560,386

ORGANIZATION AND OPERATIONS (De

ORGANIZATION AND OPERATIONS (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Accounting Policies [Abstract]
Net loss	$ (3,818,470)	$ (2,521,877)
Cash in operating activities	(3,070,000)	$ (1,687,000)
Accumulated deficit	$ (135,230,000)		$ (131,375,000)

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Mar. 11, 2024	Feb. 21, 2024	Nov. 30, 2020
Product Information [Line Items]
Common shares issued	773,452,006		773,232,422
FDIC insured amount	$ 3,345,000		$ 5,657,000
Assets	30,313,282		$ 32,031,405
Revenues	4,978,546	$ 4,276,082
Gross Profit	$ 923,666	$ 841,603
Receviables	41%		39%
Revenue receviables percentage	0.50%		5%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customer A [Member]
Product Information [Line Items]
Concentration Risk, Percentage	26%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customer B [Member]
Product Information [Line Items]
Concentration Risk, Percentage	16%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customer D [Member]
Product Information [Line Items]
Concentration Risk, Percentage		12%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer A [Member]
Product Information [Line Items]
Concentration Risk, Percentage	15%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer B [Member]
Product Information [Line Items]
Concentration Risk, Percentage	12%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer C [Member]
Product Information [Line Items]
Concentration Risk, Percentage	41%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer D [Member]
Product Information [Line Items]
Concentration Risk, Percentage		5%
Chris Wagner [Member]
Product Information [Line Items]
Common shares issued					5,000,000
Moe Vela [Member]
Product Information [Line Items]
Common shares issued				7,500,000
ITSQuest [Member]
Product Information [Line Items]
Assets	$ 10,145,000		$ 10,279,000
Revenues	4,330,000		3,573,000
Gross Profit	897,000		2,925,000
Six Unicorn Hunters [Member]
Product Information [Line Items]
Revenue related to party	10,130,000
Non-cash receivables	$ 1,510,000		$ 1,510,000
ITSQuest, Inc [Member]
Product Information [Line Items]
Ownership interest, percentage						51%
Unicorns [Member]
Product Information [Line Items]
Ownership interest, percentage	71.88%		66.67%
Chris Wagner [Member] | Maximum [Member]
Product Information [Line Items]
Ownership interest, percentage				62.50%	66.67%
Chris Wagner [Member] | Minimum [Member]
Product Information [Line Items]
Ownership interest, percentage				71.88%	62.50%

FAIR VALUE MEASUREMENT (Details

FAIR VALUE MEASUREMENT (Details) - Money Market Funds [Member] - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value of assets	$ 3,505,221	$ 5,299,530
Fair value of assets	3,505,221	5,299,530
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets	3,505,221	5,299,530
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets

FAIR VALUE MEASUREMENT (Detai_2

FAIR VALUE MEASUREMENT (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Cash and Cash Equivalents [Line Items]
Embedded feature	$ 0
USD Coin USDC [Member]
Cash and Cash Equivalents [Line Items]
Fair value of assets	$ 0	$ 0

INVESTMENTS IN PRIVATELY-HELD_3

INVESTMENTS IN PRIVATELY-HELD COMPANIES (Details) - USD ($)		Mar. 31, 2024	Dec. 31, 2023
Investments In Privately-held Companies
Unicorn Hunters non-cash receivables		$ 1,509,528	$ 1,509,528
Investments in privately-held companies	[1]	8,627,000	8,627,000
Carrying value of non-cash receivables and investments in privately-held companies		$ 10,136,528	$ 10,136,528
[1]The current carrying value of Unicorn Hunters non-cash consideration equals the fair values at which such investments were originally recorded. No impairments or upward adjustments to estimated fair values have been recorded to-date because there have been no observable price changes related to the Company’s investments in privately held companies or non-cash receivables representing promises to issue such securities.

INVESTMENTS IN PRIVATELY-HELD_4

INVESTMENTS IN PRIVATELY-HELD COMPANIES (Details Narrative) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Investments In Privately-held Companies
Outstanding non-cash receivables	$ 1,510	$ 1,510

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS INCLUDING DIGITAL ASSETS (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 3,781,000	$ 3,781,000
Intangible assets, accumulated amortization	1,182,445	1,093,761
Intangible assets, net	$ 2,598,555	$ 2,687,239
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible asset useful life	15 years	15 years
Intangible assets, gross	$ 3,011,000	$ 3,011,000
Intangible assets, accumulated amortization	669,111	618,926
Intangible assets, net	$ 2,341,889	$ 2,392,074
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible asset useful life	5 years	5 years
Intangible assets, gross	$ 770,000	$ 770,000
Intangible assets, accumulated amortization	513,334	474,835
Intangible assets, net	$ 256,666	$ 295,165

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS INCLUDING DIGITAL ASSETS (Details 1) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
2024 (April 1 to December 31)	$ 266,050
2025	341,900
2026	200,733
2027	200,733
2028	200,733
Thereafter	1,388,406
Total	$ 2,598,555	$ 2,687,239

GOODWILL AND INTANGIBLE ASSET_5

GOODWILL AND INTANGIBLE ASSETS INCLUDING DIGITAL ASSETS (Details 2) - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Digital Asset	$ 14,560
Bitcoin [Member]
Finite-Lived Intangible Assets [Line Items]
Digital Asset	1,544
Ethereum [Member]
Finite-Lived Intangible Assets [Line Items]
Digital Asset	10,758
Tether [Member]
Finite-Lived Intangible Assets [Line Items]
Digital Asset	1,965
Wrapped Ethereum [Member]
Finite-Lived Intangible Assets [Line Items]
Digital Asset	$ 293

GOODWILL AND INTANGIBLE ASSET_6

GOODWILL AND INTANGIBLE ASSETS INCLUDING DIGITAL ASSETS (Details 3) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Beginning balance	$ 1,254
Transfer from Directa24	17,810
Received as consideration in sales of Unicoin Rights	29,582
Vendors payments	(28,338)
Fees and other	4
Impairments	(5,752)
Ending balance	14,560
B T C [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance	4
Transfer from Directa24	17,810
Received as consideration in sales of Unicoin Rights	11,906
Vendors payments	(28,338)
Fees and other
Impairments	162
Ending balance	1,544
E T H [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance	958
Transfer from Directa24
Received as consideration in sales of Unicoin Rights	15,711
Vendors payments
Fees and other	4
Impairments	(5,914)
Ending balance	10,758
U S D T [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance
Transfer from Directa24
Received as consideration in sales of Unicoin Rights	1,965
Vendors payments
Fees and other
Impairments
Ending balance	1,965
WETH [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance	292
Transfer from Directa24
Received as consideration in sales of Unicoin Rights
Vendors payments
Fees and other
Impairments
Ending balance	$ 292

GOODWILL AND INTANGIBLE ASSET_7

GOODWILL AND INTANGIBLE ASSETS INCLUDING DIGITAL ASSETS (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 3,866		$ 3,866
Impairment charges related to goodwill	0		0
Amortization expense intangible assets	89
Vendor payments	28	$ 0
Impairments losses	6	$ 0
Digital assets	$ 15		$ 0

DEBT (Details)

DEBT (Details)	3 Months Ended
	Mar. 31, 2024 USD ($)
Debt Instrument [Line Items]
Outstanding Balance	$ 265,000
Unsecured Debt 1 [Member]
Debt Instrument [Line Items]
Outstanding Balance	$ 10,000
Issuance Date	June 2021
Maturity Date Extended to	June 2024
Unsecured Debt 2 [Member]
Debt Instrument [Line Items]
Outstanding Balance	$ 157,000
Issuance Date	July 2021
Maturity Date Extended to	July 2024
Unsecured Debt 3 [Member]
Debt Instrument [Line Items]
Outstanding Balance	$ 10,000
Issuance Date	September 2021
Maturity Date Extended to	September 2024
Unsecured Debt 4 [Member]
Debt Instrument [Line Items]
Outstanding Balance	$ 1,000
Issuance Date	October 2021
Maturity Date Extended to	October 2024
Unsecured Debt 5 [Member]
Debt Instrument [Line Items]
Outstanding Balance	$ 16,000
Issuance Date	November 2022
Maturity Date Extended to	November 2024
Unsecured Debt 6 [Member]
Debt Instrument [Line Items]
Outstanding Balance	$ 8,000
Issuance Date	May 2023
Maturity Date Extended to	May 2024
Unsecured Debt 7 [Member]
Debt Instrument [Line Items]
Outstanding Balance	$ 63,200
Issuance Date	June 2023
Maturity Date Extended to	June 2024
Unsecured Debt [Member]
Debt Instrument [Line Items]
Outstanding Balance	$ 265,200

DEBT (Details Narrative)

DEBT (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Short-Term Debt [Line Items]
Short-term debt	$ 265		$ 309
Principal amount			$ 136	$ 80	$ 1,229
Annual interest rate	20%
Unsecured notes	$ 265
Unsecured Notes [Member]
Short-Term Debt [Line Items]
Interest Expense, Debt	$ 15	$ 37

UNICOIN RIGHTS FINANCING OBLI_3

UNICOIN RIGHTS FINANCING OBLIGATION (Details)		3 Months Ended	12 Months Ended
		Mar. 31, 2024 USD ($) Integer	Dec. 31, 2023 USD ($) Integer
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of Unicoin Rights | Integer		6,237,085,216	6,204,461,561
Unicoin Rights Financing Obligation | $		$ 87,616,860	$ 84,674,022
Accredited Investors [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of Unicoin Rights | Integer		1,742,209,443	1,763,813,346
Unicoin Rights Financing Obligation | $		$ 37,545,865	$ 38,198,488
Unicoin Inc Shareholders [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of Unicoin Rights | Integer		727,725,875	727,594,375
Unicoin Rights Financing Obligation | $		$ 72,772	$ 72,772
Employee Contractors Directors [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of Unicoin Rights | Integer		365,991,178	340,112,801
Unicoin Rights Financing Obligation | $		$ 36,599	$ 34,012
Service Providers Influencers And Employees [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of Unicoin Rights | Integer		255,812,474	243,287,273
Unicoin Rights Financing Obligation | $		$ 27,997,802	$ 25,603,663
Subtotal [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of Unicoin Rights | Integer		3,091,738,970	3,074,807,795
Unicoin Rights Financing Obligation | $		$ 65,653,038	$ 63,908,935
ITSQuest contingent divestiture amendment [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of Unicoin Rights | Integer		20,000,000	20,000,000
Unicoin Rights Financing Obligation | $		$ 1,780,000	$ 1,780,000
Five Year Deferred Payment Plan [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of Unicoin Rights | Integer	[1]	3,115,037,053	3,101,478,719
Unicoin Rights Financing Obligation | $		$ 17,391,488	$ 17,047,143
Ten Year Prepaid Plan [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of Unicoin Rights | Integer	[1]	8,388,046	8,175,047
Unicoin Rights Financing Obligation | $		$ 2,081,260	$ 1,937,944
Asset Swap Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of Unicoin Rights | Integer		1,921,147
Unicoin Rights Financing Obligation | $		$ 711,074
[1]Unicoin Rights certificates for Units under the Five-Year Deferred Payment Plan and the Ten-Year Prepaid Plan will not be issued until the purchase transaction is completed under the terms discussed in the explanatory sections below for “Five-Year Deferred Payment Plan” and “Ten-Year Prepaid Plan”.

UNICOIN RIGHTS FINANCING OBLI_4

UNICOIN RIGHTS FINANCING OBLIGATION (Details 1) - USD ($)	Apr. 01, 2024	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Restructuring Cost and Reserve [Line Items]
Cash	$ 301,000
Digital Assets		$ 14,560	$ 1,254
Unicoins [Member]
Restructuring Cost and Reserve [Line Items]
Cash		750,758	870,715
Digital Assets		121,340	127,840
Non-Unicoin Inc. Stock		1,771,180	1,771,180
Unicoin Inc. Shares of Common Stock		4,108,407	4,457,432
Unicoin Rights		17,093,336	17,135,029
Real Estate		13,129,514	13,129,514
Total		$ 36,974,535	$ 37,491,710

UNICOIN RIGHTS FINANCING OBLI_5

UNICOIN RIGHTS FINANCING OBLIGATION (Details 2)	3 Months Ended	12 Months Ended
	Mar. 31, 2024 USD ($) Integer	Dec. 31, 2023 USD ($) Integer
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of unicoin rights | Integer	978,280,261	977,316,384
Unicoin rights financing obligation | $	$ 15,022,137	$ 14,614,145
Accredited Investors [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of unicoin rights | Integer	3,000,000	3,000,000
Unicoin rights financing obligation | $	$ 30,000	$ 30,000
Unicoin Inc Shareholders [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of unicoin rights | Integer	542,425,284	542,425,284
Unicoin rights financing obligation | $	$ 54,242	$ 54,242
Discretionary Awards [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of unicoin rights | Integer	89,329,000	89,329,000
Unicoin rights financing obligation | $	$ 8,933	$ 8,933
Consideration For Services [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of unicoin rights | Integer	71,859,477	70,895,600
Unicoin rights financing obligation | $	$ 13,131,462	$ 12,723,470
ITSQuest contingent divestiture amendment [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of unicoin rights | Integer	20,000,000	20,000,000
Unicoin rights financing obligation | $	$ 1,780,000	$ 1,780,000
Five Year Deferred Payment Plan [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of unicoin rights | Integer	251,666,500	251,666,500
Unicoin rights financing obligation | $	$ 17,500	$ 17,500

UNICOIN RIGHTS FINANCING OBLI_6

UNICOIN RIGHTS FINANCING OBLIGATION (Details Narrative) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
	Oct. 09, 2023	Mar. 31, 2024	Dec. 31, 2023
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Unicoins description		cumulative issuances since the beginning of the Unicoin token project amounted to 3,255,572,335 Unicoin Rights, of which 25,795,420 have been given on a discretionary basis for no consideration. There are currently 75,003 total holders of Unicoin Rights listed in the Company’s registry (not accounting for duplication for individuals who invested more than once), including the holders of free coins, and 5,631 purchasers worldwide. Of these, approximately 1,525 (2.03% of total holders and 27.08% of purchasers) are accredited and 4,106 (5.47% of holders) are not accredited or were not verified. Of the 5,631 purchasers, 4,106 were not accredited or not verified (72.91%). Note that non-accredited holders or those not verified are either non-US Persons who purchased pursuant to Regulation S, or were given Unicoin Rights for free, and thus were not sold Unicoin Rights.
Number of unicoins acquired		6.2 billion	6.2 billion
Unicoin rights financing obligation		$ 87,617	$ 84,674
Unicoin rights issued, description		Accredited Investors amounted to $37,546 thousand and $38,198 thousand, respectively. The cumulative amounts were received from completed sales of Unicoin Rights in the Company’s various financing rounds at prices ranging from $0.01 to $0.50. Although there are no stated legal rights requiring the Company to return amounts received from investors, management believes the holder of Unicoin Rights has a reasonable right to either 1) receive the number of Unicoins specified in their Unicoin Rights agreement upon the future development and launch of the Unicoin or 2) a refund of the amount invested in anticipation of the future development and launch of Unicoins. Therefore, all amounts received from sales to Accredited Investors have been recorded as a Unicoin Rights financing obligation.
[custom:CashDeposit-0]		$ 227	269
Asset Swap Agreement [Member] | Cesar Armando Sanchez Roberto [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Agreed to provide unicoin rights	the Company entered into an Asset Swap Agreement with Cesar Armando Sánchez Roberto, a resident of Venezuela, wherein the Company agreed to provide a total of 1,746,497 Unicoin Rights in exchange for real estate assets consisting of 175.265 square meters of land, located in Fundo el Chuponal del Sector la Entrada, Municipio Naguanagua Edo Carabobo, Venezuela.  In March 2024, the Company completed its due diligence, released 1,746,497 Unicoin Rights and received the title for the real estate assets. As of March 31, 2024, the Company recorded an Investment in Land asset in its balance sheet amounting to $624 thousand, the fair value of the land as determined by a third-party appraisal. As of March 31, 2024, the Company recorded a Unicoin Right financing obligation of $711 thousand, which consisted of Unicoin Rights with a fair value of $624 thousand and $87 thousand, which were provided to the seller as consideration and a real estate agent as a commission, respectively.
Accredited Investors [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Unicoin rights financing obligation		37,546	38,198
Unicoin Inc Shareholders [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Unicoin rights financing obligation		73	73
Employee Contractors Directors [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Unicoin rights financing obligation		37	34
Service Providers Influencers And Employees [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Unicoin rights financing obligation		27,998	25,604
Ten Year Prepaid Plan [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Unicoin rights financing obligation		2,081	1,938
Accrued interest		190	$ 149
ITSQuest contingent divestiture amendment [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Unicoin rights financing obligation		$ 1,780

COMMON STOCK (Details)

COMMON STOCK (Details)	3 Months Ended
	Mar. 31, 2023 USD ($) $ / shares shares
Class of Stock [Line Items]
Shares | shares	12,445
Proceeds | $	$ 34,000
Stock Issues Round 4a And 4b [Member]
Class of Stock [Line Items]
Shares | shares	5,500
Weighted Average Price per Share | $ / shares	$ 1.64
Proceeds | $	$ 9,000
Stock Issues Round 5 [Member]
Class of Stock [Line Items]
Shares | shares	6,945
Weighted Average Price per Share | $ / shares	$ 3.60
Proceeds | $	$ 25,000

COMMON STOCK (Details 1)

COMMON STOCK (Details 1) - shares	Mar. 31, 2024	Dec. 31, 2023
Equity Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares of common stock reserved for future issuance	55,535,881	55,535,881
Warrant [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares of common stock reserved for future issuance	10,110,000	10,310,000
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares of common stock reserved for future issuance	65,278	84,862

COMMON STOCK (Details Narrative

COMMON STOCK (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Equity [Abstract]
Common stock, shares authorized	1,000,000,000		1,000,000,000
Common stock, shares issued	773,452,006		773,232,422
Common stock, shares outstanding	732,533,604		732,320,282
Issuance of common stock, amount	$ 34
Repurchase of common stock, Shares	6,262	6,185
Repurchase of common stock	$ 2	$ 2
Dividend of Unicoins description	Approximately 731 million Unicoin Rights were issued as non-cash dividends aggregating to $73 thousand, or $0.0001 per share and was recorded as a reduction of additional paid-in-capital and an increase to the Unicoin Rights liability in the Company’s condensed consolidated balance sheet.

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details)	3 Months Ended
	Mar. 31, 2024 USD ($) $ / shares shares
Equity [Abstract]
Beginning balance	55,535,881
Weighted average exercise price, beginning balance | $ / shares	$ 0.031
Weighted average remaining contractual term (years)	5 years 7 months 9 days
Aggregate intrinsic value, beginning balance | $	$ 18,619,327
Granted
Exercised
Cancelled
Ending balance	55,535,881
Weighted average exercise price, ending balance | $ / shares	$ 0.031
Weighted average remaining contractual term (years)	5 years 4 months 9 days
Aggregate intrinsic value, ending balance | $	$ 19,170,104
Vested and exercisable	55,535,881
Weighted average exercise price, Vested and exercisable | $ / shares	$ 0.031
Weighted average remaining contractual life, Vested and exercisable	5 years 4 months 9 days
Aggregate Intrinsic Value, Vested and exercisable | $	$ 19,170,104

STOCK-BASED COMPENSATION (Det_2

STOCK-BASED COMPENSATION (Details 1)	3 Months Ended
	Mar. 31, 2024 shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Beginning balance	55,535,881
Restricted stock units, granted
Restricted stock units, vested
Ending balance	55,535,881
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Beginning balance	84,862
Restricted stock units, granted
Restricted stock units, vested	(19,584)
Restricted stock units, forfeited
Ending balance	65,278

STOCK-BASED COMPENSATION (Det_3

STOCK-BASED COMPENSATION (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Exercise price, lower range limit	$ 0.001
Exercise price, upper range limit	$ 2
Grant-date fair value of outstanding Unicorns Common Stock Awards amount	$ 100
Cost of Sales [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense	100
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense	$ 13	$ 39

WARRANTS (Details)

WARRANTS (Details) - Warrant [Member]	3 Months Ended
	Mar. 31, 2024 shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Warrants outstanding, beginning balance	10,310,000
Warrants, granted
Warrants, exercised	(200,000)
Warrants, forfeited
Warrants outstanding, ending balance	10,110,000

LEASES (Details)

LEASES (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Leases [Abstract]
Operating lease expense	$ 47,975	$ 48,228
Short-term lease expense	26,491	46,343
Total operating lease expense	$ 74,466	$ 94,571

LEASES (Details 1)

LEASES (Details 1) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Leases [Abstract]
Operating lease right-of-use assets	$ 273,350	$ 313,655
Current portion of operating lease liabilities	150,394	159,679
Operating lease liabilities, noncurrent	129,365	160,470
Total operating lease liabilities	$ 279,759	$ 320,149
Weighted-average remaining lease term (in years)	1 year 7 months 6 days	1 year 9 months 18 days
Weighted-average discount rate %	10%	10%

LEASES (Details 2)

LEASES (Details 2) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Leases [Abstract]
2024 (April 1 through December 31)	$ 136,098
2025	115,811
2026	37,767
2027	12,578
2028	10,915
Future operating lease payments	313,169
Imputed interest	(33,410)
Total operating lease liabilities	279,759	$ 320,149
Current portion	(150,394)	(159,679)
Operating lease liabilities, noncurrent	$ 129,365	$ 160,470

LEASES (Details Narrative)

LEASES (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Leases [Abstract]
Short-term lease expense	$ 26,491	$ 46,343
Finance leases	$ 0		$ 0

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
	Dec. 28, 2022	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Nov. 30, 2021
Related Party Transaction [Line Items]
Unicoin rights issued to related parties, shares		978,000,000	977,000,000
Unicoin rights issued to related parties		$ 15,022,000	$ 14,614,000
Revenues		4,978,546	4,276,082
Gross Profit		923,666	841,603
ITSQuest [Member]
Related Party Transaction [Line Items]
Public offering price					$ 10
Description of consideration holdback provision	As consideration for the Amended SEA, 1,500,000 of the Company’s 3,500,000 shares subject to a holdback provision regarding tax liabilities (the “holdback provision”), pending resolution of the ITSQuest tax liability that existed at the time of ITSQuest’s acquisition, were released to the sellers of ITSQuest and 20,000,000 Unicoin Rights were issued upon its execution. The sellers of ITSQuest are a related party as they are employees and stockholders of Unicoin Inc. After release of the aforementioned shares, upon signing the Amended SEA, 2,000,000 shares of common stock remain subject to the holdback provision.
Unicoin Rights financing obligation						$ 1,780,000
Unicoin Rights issued					20,000,000
Alex Konanykhin [Member]
Related Party Transaction [Line Items]
Loan from related party			51,000
Due to related party				$ 51,000
Loan Payable			$ 645,000
ITSQuest [Member]
Related Party Transaction [Line Items]
Assets		10,145,000		10,279,000
Revenues		4,330,000		3,573,000
Gross Profit		$ 897,000		$ 2,925,000

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Current Income Tax Expense (Benefit)	$ 89	$ 70
Effective tax rate	2.40%	2.90%
Unrecognized tax benefits	$ 0		$ 0

NET LOSS PER SHARE (Details)

NET LOSS PER SHARE (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Earnings Per Share [Abstract]
Net loss attributable to Unicoin Inc. per consolidated statements of operations	$ (3,854,373)	$ (2,583,889)
Weighted average common shares outstanding used to compute basic loss per share	732,392,394	733,440,981
Weighted average common shares outstanding used to compute diluted loss per share	732,392,394	733,440,981
Net loss per share attributable to Unicoin Inc., basic	$ (0.005)	$ (0.004)
Net loss per share attributable to Unicoin Inc., diluted	$ (0.005)	$ (0.004)

NET LOSS PER SHARE (Details 1)

NET LOSS PER SHARE (Details 1) - shares	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Equity Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares	55,535,881	55,535,881
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares	10,110,000	10,310,000
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares	65,278	330,734

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue from External Customer [Line Items]
Total revenues	$ 4,978,546	$ 4,276,082
UNITED STATES
Revenue from External Customer [Line Items]
Total revenues	4,901,737	4,159,324
Foreign Tax Jurisdiction [Member]
Revenue from External Customer [Line Items]
Total revenues	76,809	116,758
Staffing Revenues [Member]
Revenue from External Customer [Line Items]
Total revenues	4,974,852	4,270,533
Staffing Revenues [Member] | UNITED STATES
Revenue from External Customer [Line Items]
Total revenues	4,901,612	4,158,476
Staffing Revenues [Member] | Foreign Tax Jurisdiction [Member]
Revenue from External Customer [Line Items]
Total revenues	73,240	112,057
Subscription Revenues [Member]
Revenue from External Customer [Line Items]
Total revenues	3,617	3,690
Subscription Revenues [Member] | UNITED STATES
Revenue from External Customer [Line Items]
Total revenues	48	500
Subscription Revenues [Member] | Foreign Tax Jurisdiction [Member]
Revenue from External Customer [Line Items]
Total revenues	3,569	3,190
Unicorns Hunters [Member]
Revenue from External Customer [Line Items]
Total revenues	77	1,859
Unicorns Hunters [Member] | UNITED STATES
Revenue from External Customer [Line Items]
Total revenues	77	348
Unicorns Hunters [Member] | Foreign Tax Jurisdiction [Member]
Revenue from External Customer [Line Items]
Total revenues		$ 1,511

SEGMENT INFORMATION (Details 1)

SEGMENT INFORMATION (Details 1) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue from External Customer [Line Items]
Revenues	$ 4,978,546	$ 4,276,082
Cost of revenues	4,054,880	3,434,479
Gross profit (loss)	923,666	841,603
SaaS [Member]
Revenue from External Customer [Line Items]
Revenues	3,617	3,690
Cost of revenues
Gross profit (loss)	3,617	3,690
TaaS [Member]
Revenue from External Customer [Line Items]
Revenues	4,974,852	4,270,533
Cost of revenues	3,949,255	3,410,470
Gross profit (loss)	1,025,597	860,063
Unicorn Hunters [Member]
Revenue from External Customer [Line Items]
Revenues	77	1,859
Cost of revenues	105,625	24,009
Gross profit (loss)	(105,548)	(22,150)
Consolidated [Member]
Revenue from External Customer [Line Items]
Revenues	4,978,546	4,276,082
Cost of revenues	4,054,880	3,434,479
Gross profit (loss)	$ 923,666	$ 841,603

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details)	Apr. 03, 2024 USD ($) Integer $ / shares
Gold Barrel Social Club Resort Inc. [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract Value | $	$ 54,987,425
Price/Value Per UniCoin | $ / shares	$ 0.50
Number of UniCoins | Integer	109,974,850
Ferdinand Laceste Laranang [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract Value | $	$ 19,685,477
Price/Value Per UniCoin | $ / shares	$ 0.50
Number of UniCoins | Integer	39,370,954
Hausler Oida Inc [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract Value | $	$ 1,904,420
Price/Value Per UniCoin | $ / shares	$ 0.50
Number of UniCoins | Integer	3,808,840
Joseph Go Rubio [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract Value | $	$ 3,809,820
Price/Value Per UniCoin | $ / shares	$ 0.50
Number of UniCoins | Integer	7,619,640
Diana Imelda Teodora T Castillejos And Paul P Castillejos [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract Value | $	$ 7,186,677
Price/Value Per UniCoin | $ / shares	$ 0.50
Number of UniCoins | Integer	14,373,354
Johannes C Tira And Remedios T Tira [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract Value | $	$ 1,118,057
Price/Value Per UniCoin | $ / shares	$ 0.50
Number of UniCoins | Integer	2,236,115
Andres And Aida Franco [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract Value | $	$ 1,025,531
Price/Value Per UniCoin | $ / shares	$ 0.50
Number of UniCoins | Integer	2,051,062
El Al Enterprises Corporation [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract Value | $	$ 11,528,118
Price/Value Per UniCoin | $ / shares	$ 0.50
Number of UniCoins | Integer	23,056,236
Benito Techico [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract Value | $	$ 77,785,000
Price/Value Per UniCoin | $ / shares	$ 0.50
Number of UniCoins | Integer	155,570,000
Prime 8 Horizons Development Corporation [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract Value | $	$ 62,500,000
Price/Value Per UniCoin | $ / shares	$ 0.50
Number of UniCoins | Integer	125,000,000
Emil Anthony Lio Po [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract Value | $	$ 8,750,000
Price/Value Per UniCoin | $ / shares	$ 0.50
Number of UniCoins | Integer	17,500,000
Harry S Dominguez [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract Value | $	$ 6,051,780
Price/Value Per UniCoin | $ / shares	$ 0.50
Number of UniCoins | Integer	12,103,560
Alex Velez Pamatong And Winelita Pamatong [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract Value | $	$ 17,736,307
Price/Value Per UniCoin | $ / shares	$ 0.50
Number of UniCoins | Integer	35,472,614
M E V 8 Inc [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract Value | $	$ 15,340,500
Price/Value Per UniCoin | $ / shares	$ 0.50
Number of UniCoins | Integer	30,681,000
Rene Andaya Torredes [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract Value | $	$ 125,842,902
Price/Value Per UniCoin | $ / shares	$ 0.50
Number of UniCoins | Integer	251,685,804
Peter M Murphy [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract Value | $	$ 13,780,193
Price/Value Per UniCoin | $ / shares	$ 0.50
Number of UniCoins | Integer	27,560,386

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended
	May 15, 2024	Apr. 25, 2024	Apr. 01, 2024
Subsequent Events
Cash			$ 301
Non cash funding			$ 109
Unicoin rights purchased description	161,001,000 Unicoin Rights as part of the Deferred Payment Plan. Additionally, 24,000 Unicoin Rights were purchased for $12,500 under the 10-Year Option.
Non-cash dividend per share		$ 0.40