Metavesco (MVCO) 10-K 7 Oct 22 2022 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Oct. 07, 2022	Dec. 31, 2021
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2022
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--06-30
Entity File Number	811-8387
Entity Registrant Name	METAVESCO, INC.
Entity Central Index Key	0000924095
Entity Tax Identification Number	54-1694665
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	410 Peachtree Pkwy
Entity Address, Address Line Two	Suite 4245
Entity Address, City or Town	Cumming
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	30041
City Area Code	(678)
Local Phone Number	241-5898
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	Yes
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float				$ 10,339,764
Entity Common Stock, Shares Outstanding			6,082,214
ICFR Auditor Attestation Flag	false
Auditor Firm ID	6849	200
Auditor Name	Hudgens CPA, PLLC	HASKELL & WHITE LLP
Auditor Location	Houston, Texas	Irvine, California

Balance Sheets

Balance Sheets - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Current assets:
Cash and cash equivalents	$ 35,151	$ 44
Prepaid expenses	13,847
Digital assets held, net of impairment	434,642
Total current assets	483,640	44
Total assets	483,640	44
Current liabilities:
Accounts payable and accrued liabilities	26,549	22,089
Promissory note - related party	100,000
Accrued interest payable - related party		36,441
Convertible note payable - related party		149,838
Convertible promissory note (net of debt discount of $19,441 and $0, respectively)	559
Convertible promissory notes - related party (net of debt discount of $328,658 and $0, respectively)	12,202
Total current liabilities	139,310	208,368
Stockholders’ Equity (Deficit):
Preferred stock, value
Common stock; $0.0001 par value; 100,000,000 shares authorized; 6,082,214 shares issued and outstanding at June 30, 2022 and 2021	608	608
Additional paid-in capital	19,389,924	17,721,420
Accumulated deficit	(19,046,202)	(17,930,352)
Total stockholders’ deficit	344,330	(208,324)
Total liabilities and stockholders’ equity (deficit)	483,640	44
Series A Convertible Preferred Stock [Member]
Stockholders’ Equity (Deficit):
Preferred stock, value

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Debt discount	$ 19,441	$ 0
Debt discount, related party	$ 328,658	$ 0
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	20,000,000	20,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	6,082,214	6,082,214
Common stock, shares outstanding	6,082,214	6,082,214
Series A Convertible Preferred Stock [Member]
Preferred stock, shares issued	22	0
Preferred stock, shares outstanding	22	0

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Revenue:
Total Revenue	$ 100,056
Expense
Administrative expenses	164,669	70,970
Interest expense	12,761	45,692
Impairment of digital assets held	233,642
Total Expense	411,072	116,662
Other income (expense)
Realized gain (loss) on sales/ exchange digital assets held	(804,834)
Total Other income (expense)	(804,834)
Net loss	$ (1,115,850)	$ (116,662)
Net loss per share - basic and diluted	$ (0.18)	$ (0.02)
Weighted average number of common shares outstanding - basic and diluted	6,082,214	6,082,214
Airdrops [Member]
Revenue:
Total Revenue	$ 17,439
Liquidity Pool Fees [Member]
Revenue:
Total Revenue	81,765
Staking Rewards [Member]
Revenue:
Total Revenue	$ 852

Statements of Stockholders' Equ

Statements of Stockholders' Equity (Deficit) - USD ($)	Preferred Stock [Member] Series A Convertible Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Jun. 30, 2020		$ 608	$ 17,691,420	$ (17,813,690)	$ (121,662)
Beginning balance, shares at Jun. 30, 2020		6,082,214
Beneficial conversion feature			30,000		30,000
Net loss				(116,662)	(116,662)
Ending balance, value at Jun. 30, 2021		$ 608	17,721,420	(17,930,352)	(208,324)
Ending balance, shares at Jun. 30, 2021		6,082,214
Issue of Series A Convertible Preferred Stock			1,100,000		1,100,000
Issue of Series A Convertible Preferred Stock, shares	22
Beneficial conversion feature			360,860		360,860
Forgiveness of convertible note payable, accrued interest and advances - related party			207,644		207,644
Net loss				(1,115,850)	(1,115,850)
Ending balance, value at Jun. 30, 2022		$ 608	$ 19,389,924	$ (19,046,202)	$ 344,330
Ending balance, shares at Jun. 30, 2022	22	6,082,214

Statements of Cash Flow

Statements of Cash Flow - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash Flows from Operating Activities:
Net loss	$ (1,115,850)	$ (116,662)
Adjustments to reconcile net loss to net cash used in operating activities
Amortization of debt discount	12,761	30,000
Impairment of digital assets held	233,642
Forgiveness of interest - related party	2,997
Realized (gain) loss on sales/ exchange digital assets held	804,834
Digital assets received as revenue	(100,056)
Digital assets paid as expense	17,751
Changes in operating assets and liabilities:
Increase in prepaid	(13,847)
(Decrease) increase in accounts payable and accrued liabilities	4,460	13,389
Increase in accrued interest payable - related party		15,692
Net cash used in operating activities	(153,308)	(57,581)
Cash Flows from Investing Activities:
Purchase of digital assets held	(1,289,952)
Net cash provided by investing activities	(1,289,952)
Cash Flows from Financing Activities:
Advances from related party	18,367
Proceeds from issuance of promissory note payable - related party	100,000
Proceeds from issuance of convertible notes payable - related party	240,000	45,000
Proceeds from issuance of convertible note payable	20,000
Issuance of Series A Convertible Preferred Stock	1,100,000
Net cash provided by financing activities	1,478,367	45,000
Net change in cash and cash equivalents	35,107	(12,581)
Cash and cash equivalents, beginning of period	44	12,625
Cash and cash equivalents, end of period	35,151	44
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Interest paid
Income taxes paid
Non-cash Investing and Financing Activities
Purchase of digital assets held with convertible promissory notes - related party	100,860
Purchase of digital assets held with other digital assets	10,244,898
Proceeds from sale of digital assets for other digital assets	10,244,898
Intrinsic value of embedded beneficial conversion feature on convertible note payable - related party and convertible promissory notes - related party	360,860	30,000
Forgiveness of convertible note payable, accrued interest and advances - related party	$ 207,644

ORGANIZATION AND OPERATIONS

ORGANIZATION AND OPERATIONS	12 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND OPERATIONS	NOTE 1 – ORGANIZATION AND OPERATIONS Metavesco, Inc. (formerly Waterside Capital Corporation) (the “Company”) was incorporated in the Commonwealth of Virginia on July 13, 1993 and was a closed-end investment company licensed by the Small Business Administration (the “SBA”) as a Small Business Investment Company (“SBIC”). The Company previously made equity investments in, and provided loans to, small businesses to finance their growth, expansion, and development. Under applicable SBA regulations, the Company was restricted to investing only in qualified small businesses as contemplated by the Small Business Investment Act of 1958. As a registered investment company under the Investment Company Act of 1940, as amended (the “Investment Company Act”), the Company’s investment objective was to provide its shareholders with a high level of income, with capital appreciation as a secondary objective. The Company made its first investment in a small business in October 1996. On May 28, 2014, with the Company’s consent, the United States District Court for the Eastern District of Virginia, having jurisdiction over an action filed by the SBA (the “ Court Order 11,770,722 The Company effectively stopped conducting an active business upon the appointment of the SBA as the receiver and the commencement of the court-ordered receivership (the “ Receivership The Company filed with the SEC an application pursuant to Section 8(f) of the Investment Company Act of 1940 for an order declaring that the Company has ceased to be a registered investment company. On April 22, 2020, the SEC issued an order under Section 8(f) of the Investment Company Act of 1940, as amended, declaring that the Company has ceased to be an investment company. As a result, the Company is now a reporting company under the Securities Exchange Act of 1934, as amended. On September 2, 2021, the Company entered into a Stock Purchase Agreement (the “SPA”) by and between (i) the Company (ii) Ryan Schadel (“Buyer”) and (iii) Roran. Roran agreed to sell to the Buyer 4,247,666 385,000 207,644 The Buyer acquired 4,247,666 69.7 Effective November 29, 2021, the Company converted from a Virginia corporation to a Nevada corporation. On December 15, 2021, the Company filed with the Nevada Secretary of State amended and restated articles of incorporation. The amended and restated articles had the effect of (i) increasing the Company’s authorized common stock to 100 20 0.0001 Common stock and additional paid-in capital for all periods presented in these financial statements have been adjusted retroactively to reflect the reduction in par value. On December 17, 2021, the majority shareholder and board of directors approved an amendment to the amended and restated articles of incorporation that would change the Company’s name from Waterside Capital Corporation to Metavesco, Inc. The name change was approved by Financial Industry Regulatory Authority (“FINRA”) and was effective June 3, 2022. In March 2022, the Company commenced operations as a web3 enterprise. The Company generates income as a liquidity provider, via decentralized exchanges such as Uniswap. Additionally, the company farms tokens via Proof of Stake protocols on decentralized exchanges as well as centralized exchanges including Coinbase exchange. The Company also invests in promising NFT projects and virtual land, primarily on EVM protocols. Going Concern The Company’s financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern. This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. During the year ended June 30, 2022, the Company incurred a net loss of $ 1,115,850 153,308 19,046,202

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES Fiscal Year-End The Company elected June 30 th Use of Estimates and Assumptions and Critical Accounting Estimates and Assumptions The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. These significant accounting estimates or assumptions bear the risk of change due to the fact that there are uncertainties attached to these estimates or assumptions, and certain estimates or assumptions are difficult to measure or value. Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience, and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly. Actual results could differ from those estimates. Cash and cash equivalents Cash and cash equivalents include cash and interest-bearing highly liquid investments held at financial institutions, cash on hand that is not restricted as to withdrawal or use with an initial maturity of three months or less, and cash held in accounts at crypto trading venues. At June 30, 2022, $ 35,143 8 250,000 Intangible Assets Digital assets held by the Company are accounted for as intangible assets with indefinite useful lives, and are initially measured at cost. The Company assigns costs to transactions on a first-in, first-out basis (FIFO). An intangible asset with an indefinite useful life is not amortized but assessed for impairment annually, or more frequently, when events or changes in circumstances occur indicating that it is more likely than not that the indefinite-lived asset is impaired. Impairment exists when the carrying amount exceeds its fair value, which is measured using the quoted price of the digital assets at the time its fair value is being measured. Tokens are subject to impairment losses if the fair value a tokens decreases below the carrying value at any time during the period. The fair value is measured using the quoted price in the principal market of the tokens. The Company currently obtains the quoted price of tokens from www.cryptocompare.com Liquidity pool tokens and non-fungible tokens are subject to impairment losses if the fair value a token decreases below the carrying value at the end of each quarterly accounting period. The fair value of liquidity pool tokens is based on the quoted price on the last day of the quarter at 4PM Eastern Time. The fair value of NFTs is based on the average trading price on the last day of each quarter. Impairment for liquidity pool tokens and non-fungible tokens is assessed quarterly due to each token being a unique asset and due to the illiquid markets in which these tokens trade. The Company is continuously reviewing available markets and information and its methodology when determining the fair value of digital assets. The Company currently reviews quoted prices of its liquidity pool tokens, non-fungible tokens and comparable tokens at https://uniswap.org https://opensea.io The sales of digital assets held are included within investing activities in the accompanying statements of cash flows and any realized gains or losses from such sales are included in other income (expense) in the statements of operations. Revenue recognition There is currently no definitive guidance under GAAP or alternative accounting framework for the accounting for digital assets recognized as revenue or held, and management has exercised significant judgment in determining the appropriate accounting treatment. In the event authoritative guidance is enacted by the FASB, the Company may be required to change its policies, which could have an effect on the Company’s financial position and results from operations. Revenue is recognized when the award is claimed and deposited in the Company wallet. The transaction consideration the Company receives is noncash in the form of digital assets. Revenue is measured at the fair value of the digital assets awards received using the quoted price Airdrop Airdrop is the distribution of tokens without compensation generally undertaken with a view of increasing awareness of a new token, to encourage adoption of new token and to increase liquidity in the early stages of a token project. Liquidity Pools The Company earns fees by providing liquidity on Uniswap V2 and Uniswap V3. The Company earns fees proportionate to the liquidity they have supplied to the exchange. The fee for each trade is set at 0.05% for stable coins, 0.3% for most pairs and 1.0% for exotic pairs. The fees earned by the Company depends on the risk characteristics of each pair of tokens selected and the price range liquidity is provided. Uniswap V2 requires users to provide liquidity over the entire price curve, whereas Uniswap V3 provides users with the provide liquidity over a price range. Staking Rewards The Company earns rewards for agreeing to lock up tokens for a fixed period of time to participate in running the blockchain and maintaining security. Rewards are typically calculated in percentage yields. Convertible Financial Instruments The Company bifurcates conversion options from their host instruments and accounts for them as free-standing derivative financial instruments if certain criteria are met. The criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument. An exception to this rule is when the host instrument is deemed to be conventional, as that term is described under applicable GAAP. When the Company has determined that the embedded conversion options should not be bifurcated from their host instruments, discounts are recorded for the intrinsic value of conversion options embedded in the instruments based upon the differences between the fair value of the underlying common stock at the commitment date of the transaction and the effective conversion price embedded in the instrument. Beneficial conversion feature Related Parties The Company follows subtopic 850-10 of the ASC for the identification of related parties and disclosure of related party transactions. The financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. The disclosures shall include: (a) the nature of the relationship(s) involved; (b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; (c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and, (d) amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement. Commitments and Contingencies The Company follows ASC 450-20 to report accounting for contingencies. Certain conditions may exist as of the date the financial statements are issued, which may result in a loss to the Company, but which will only be resolved when one or more future events occur or fail to occur. Management assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or un-asserted claims that may result in such proceedings, management evaluates the perceived merits of any legal proceedings or un-asserted claims as well as the perceived merits of the amount of relief sought or expected to be sought therein. If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Deferred Tax Assets and Income Taxes Provision The Company follows the provisions of ASC 740-10-25-13, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under ASC 740-10-25-13, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its balance sheets and provides valuation allowances as management deems necessary. Management makes judgments as to the interpretation of the tax laws that might be challenged upon an audit and cause changes to previous estimates of tax liability. In addition, the Company operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions. In management’s opinion, adequate provisions for income taxes have been made for all years. If actual taxable income by tax jurisdiction varies from estimates, additional allowances or reversals of reserves may be necessary. Tax years that remain subject to examination by major tax jurisdictions are generally the prior three (3) years for federal purposes, and the prior four (4) years for state purposes; however, as a result of the Company’s operating losses, all tax years remain subject to examination by tax authorities. Net Income (Loss) Per Common Share The Company computes net income or loss per share in accordance with ASC 260 Earnings Per Share. Under the provisions of the Earnings per Share Topic ASC, basic net loss per share is computed by dividing the net loss available to common stockholders for the period by the weighted average number of shares of common stock outstanding during the period. The calculation of diluted net loss per share gives effect to common stock equivalents; however, potential common shares are excluded if their effect is anti-dilutive. Fair Value of Financial Instruments The Company follows paragraph 825-10-50-10 of ASC for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of ASC (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1: Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2: Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3: Pricing inputs that are generally unobservable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. Transactions involving related parties cannot be presumed to be carried out on an arms-length basis, as the requisite conditions of competitive, free-market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm’s-length transactions unless such representations can be substantiated. Recently Issued Accounting Pronouncements In August 2020, the FASB issued ASU 2020-06, Debt— Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40). Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements.

DIGITAL ASSETS HELD, NET OF IMP

DIGITAL ASSETS HELD, NET OF IMPAIRMENT	12 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
DIGITAL ASSETS HELD, NET OF IMPAIRMENT	NOTE 3 – DIGITAL ASSETS HELD, NET OF IMPAIRMENT Digital assets held, net of impairment have consisted of: SCHEDULE OF DIGITAL ASSETS HELD NET OF IMPAIRMENT Tokens Liquidity Pool Tokens and Non-Fungible Tokens Total Tokens Liquidity Pool Tokens and Non-Fungible Tokens Total Balance, July 1, 2021 $ - $ - $ - Beginning balance $ - $ - $ - Purchase of digital assets 8,000,348 3,615,362 11,615,710 Proceeds from sale of digital assets (7,598,130 ) (2,626,769 ) (10,224,899 ) Realized (loss) gain on sales/ exchange digital assets (361,765 ) (443,069 ) (804,834 ) Acquired digital assets by Airdrop 17,439 - 17,439 Acquired digital assets by Liquidity Pools 81,765 - 81,765 Acquired digital assets by Staking Rewards 852 852 Digital assets used to pay fees (17,749 ) - (17,749 ) Impairment charges (33,075 ) (200,567 ) (233,642 ) Balance, June 30, 2022 $ 89,685 $ 344,957 $ 434,642 Ending balance $ 89,685 $ 344,957 $ 434,642 As at June 30, 2022, the Company’s holdings of digital assets held, net of impairment consists of: SCHEDULE OF ASSETS DIGITAL HOLDING IMPAIRMENTS Units held Carrying value, at cost less impairment Tokens APE 9,304.96 $ 34,276 ETH 23.25 23,666 CAKE 4,570.35 12,061 MKR 9.83 7,052 RLP 249.49 6,910 USDC 5,251.32 5,249 LINK 94.05 471 Tokens Total $ 89,685 Liquidity Pool Tokens Uniswap V3 4.2 $ 239,827 mooEmp 275.77 30,841 Liquidity Pool Tokens Total $ 270,668 Non-Fungible Tokens Mutant Ape Yacht Club 1 $ 19,573 Other Deed 8 38,604 Board Ape Kennel Club 1 6,106 Meebits 2 10,006 Non-Fungible Tokens Total $ 74,289 Total $ 434,642

NOTES PAYABLE _ RELATED PARTIES

NOTES PAYABLE – RELATED PARTIES	12 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
NOTES PAYABLE – RELATED PARTIES	NOTE 4 – NOTES PAYABLE – RELATED PARTIES Roran Obligations On September 19, 2017, the Company entered into a Convertible Loan Agreement with Roran (the “Loan Agreement”). Pursuant to the Loan Agreement, Roran agreed to loan the Company an amount not to exceed a total of $150,000 in principal over 18 months 200,000 September 19, 2019 12 60 116,800 250,000 June 19, 2020 124,500 25,500 150,000 4,166,666 0.036 104,838 19,988 149,838 During the year ended June 30, 2022, Roran made non-interest bearing, unsecured, short-term cash advances to the Company totaling $ 18,367 On September 2, 2021, the Company entered into a Stock Purchase Agreement (the “SPA”) by and between (i) the Company (ii) Ryan Schadel (“Buyer”) and (iii) Roran Capital LLC (“Roran”). Roran agreed to sell to the Buyer 4,247,666 385,000 207,644 207,644 SCHEDULE OF AMOUNTS OWNED TO RELATED PARTIES Debts forgiven by Roran on September 2, 2021 Convertible note payable – related party $ 149,838 Interest on convertible note payable – related party 39,439 Advance from related party 18,367 Forgiveness of convertible note payable, accrued interest and advances – related party $ 207,644 Demand Promissory Note On October 18, 2021, the Company issued a Promissory Note in the principal amount of $ 100,000 0.01 On June 29, 2022, the Company issued a Promissory Note in the principal amount of $ 40,000 0.01 Convertible Promissory Notes On May 10, 2022, the Company issued a Convertible Promissory Note in the principal amount of $ 20,000 3.25 0.50 1.40 20,000 559 19,441 Convertible Promissory Notes – Related Party On March 4, 2022, the Company issued a Convertible Promissory Note in the principal amount of $ 40,874 3.5 0.50 1.25 40,874 2,641 38,233 On March 10, 2022, the Company issued a Convertible Promissory Note in the principal amount of $ 59,986 3.25 0.50 1.42 59,986 3,679 56,307 On May 6, 2022, the Company issued a Convertible Promissory Note in the principal amount of $ 100,000 3.25 0.50 1.45 100,000 3,012 96,988 On May 9, 2022, the Company issued a Convertible Promissory Note in the principal amount of $ 100,000 3.25 0.50 1.415 100,000 2,848 97,152 On June 29, 2022, the Company issued a Convertible Promissory Note in the principal amount of $ 40,000 3.25 0.50 1.00 40,000 22 39,978

RELATED PARTY TRANSACTION - 202

RELATED PARTY TRANSACTION - 2021	12 Months Ended
	Jun. 30, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTION - 2021	NOTE 5 - RELATED PARTY TRANSACTION - 2021 The following individuals and entities have been identified as related parties based on their family affiliation with our former CEO and former Chairman of the Board: Yitzhak Zelmanovitch Roran Capital LLC The following amounts were owed to related parties affiliated with the former CEO and former Chairman of the Board, at the dates indicated: SCHEDULE OF CONVERTIBLE DEBTS June 30, 2021 Convertible Note Payable $ 149,838 Interest on Convertible Note Payable 36,441 Total $ 186,279

SHAREHOLDERS_ EQUITY (DEFICIT)

SHAREHOLDERS’ EQUITY (DEFICIT)	12 Months Ended
	Jun. 30, 2022
Equity [Abstract]
SHAREHOLDERS’ EQUITY (DEFICIT)	NOTE 6 – SHAREHOLDERS’ EQUITY (DEFICIT) On December 15, 2021, the Company filed with the Nevada Secretary of State amended and restated articles of incorporation. The amended and restated articles had the effect of (i) increasing the Company’s authorized common stock to 100 20 0.0001 Common stock and additional paid-in capital for all periods presented in these financial statements have been adjusted retroactively to reflect the reduction in par value. On March 11, 2022, the Company filed with the State of Nevada a certificate of designations for the Company’s Series A Convertible Preferred Stock (“Series A Stock”). The Series A Certificate of Designations provides (i) t 100 50,000 100,000 9.99 On March 16, 2022, the Company entered into Stock Purchases Agreements whereby the Company issued 22 1,100,000 2,200,000 1.30 2,200,000 1.50 2,200,000 1.75 five years 4.71

INCOME TAXES

INCOME TAXES	12 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 7 – INCOME TAXES The Company had no United States Modifications for net operating losses (NOL): Under Code Section 172(a) the amount of the NOL deduction is equal to the lesser of (a) the aggregate of the NOL carryovers to such year and NOL carrybacks to such year, or (b) 80 Modifications of limitation on business interest: The 2017 Tax Cuts and Jobs Act of 2017 (TCJA) generally limited the amount of business interest allowed as a deduction to 30 30 50 The Company has not recorded the necessary provisional adjustments in the financial statements in accordance with its current understanding of the CARES Act and guidance currently available as of this filing. But is reviewing the CARES Act potential ramifications. The tax effects of temporary differences and tax loss and credit carry forwards that give rise to significant portions of deferred tax assets and liabilities on June 30, 2022 and 2021 are comprised of the following: SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES Year Ended Year Ended Deferred tax assets: Net-operating loss carryforward $ 259,803 $ 77,219 Total deferred tax assets 259,803 77,219 Valuation allowance (259,803 ) (77,219 ) Deferred tax assets, net of allowance $ - $ - SCHEDULE OF PROVISION FOR INCOME TAXES Year Ended Year Ended Federal Current $ - $ - Deferred 259,803 77,219 State - - Current - - Deferred - - Change in valuation allowance (259,803 ) (77,219 ) Income tax provision $ - $ - We have a net operating loss (“NOL”) carry forward for U.S. income tax purposes aggregating approximately $ 1,237,200 In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the period in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and taxing strategies in making this assessment. In case the deferred tax assets will not be realized in future periods, the Company has provided a valuation allowance for the full amount of the deferred tax assets on June 30, 2022. The valuation allowance increased by approximately $ 182,600 The expected tax expense (benefit) based on the U.S. federal statutory rate is reconciled with actual tax expense (benefit) as follows: SCHEDULE OF EFFECTIVE INCOME TAX RATE Year Ended Year Ended Statutory Federal Income Tax Rate 21 % 21 % Non-deductible expenses (5 )% (5 )% Change in valuation allowance (16 )% (16 )% Income tax provision $ - $ - The Company has not identified any uncertain tax positions requiring a reserve as of June 30, 2022.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Jun. 30, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 8 – SUBSEQUENT EVENTS Forward Stock Split On July 15, 2022, the Company’s director and shareholders approved an amendment of the Company’s Articles of Incorporation that, if filed, would effect a 10-for-1 forward stock split Demand Promissory Note – Related Party On August 12, 2022, the Company issued a Promissory Note in the principal amount of $ 50,000 5.00 August 12, 2023 12 Demand Promissory Note and Common Stock Purchase Warrant On August 12, 2022, the Company issued a Promissory Note in the principal amount of $ 50,000 5.00 August 12, 2023 12 Pursuant to the terms of the Warrant, Mr. Zarro may, at any time on or after August 12, 2022 and until August 12, 2025, exercise the Warrant to purchase 20,000 0.75 Amendment to Demand Promissory Note – Related Party On October 18, 2021, the Company issued a Promissory Note in the principal amount of $ 100,000 0.01 October 18, 2022 On August 29, 2022, the Company entered into an Amendment to Promissory Note, dated August 29, 2022 with the Holder. Pursuant to the terms of the note amendment, the maturity date of the Promissory Note was extended to October 23, 2023, and the interest rate of the Note was increased to 5 15,000

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Fiscal Year-End	Fiscal Year-End The Company elected June 30 th
Use of Estimates and Assumptions and Critical Accounting Estimates and Assumptions	Use of Estimates and Assumptions and Critical Accounting Estimates and Assumptions The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. These significant accounting estimates or assumptions bear the risk of change due to the fact that there are uncertainties attached to these estimates or assumptions, and certain estimates or assumptions are difficult to measure or value. Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience, and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly. Actual results could differ from those estimates.
Cash and cash equivalents	Cash and cash equivalents Cash and cash equivalents include cash and interest-bearing highly liquid investments held at financial institutions, cash on hand that is not restricted as to withdrawal or use with an initial maturity of three months or less, and cash held in accounts at crypto trading venues. At June 30, 2022, $ 35,143 8 250,000
Intangible Assets	Intangible Assets Digital assets held by the Company are accounted for as intangible assets with indefinite useful lives, and are initially measured at cost. The Company assigns costs to transactions on a first-in, first-out basis (FIFO). An intangible asset with an indefinite useful life is not amortized but assessed for impairment annually, or more frequently, when events or changes in circumstances occur indicating that it is more likely than not that the indefinite-lived asset is impaired. Impairment exists when the carrying amount exceeds its fair value, which is measured using the quoted price of the digital assets at the time its fair value is being measured. Tokens are subject to impairment losses if the fair value a tokens decreases below the carrying value at any time during the period. The fair value is measured using the quoted price in the principal market of the tokens. The Company currently obtains the quoted price of tokens from www.cryptocompare.com Liquidity pool tokens and non-fungible tokens are subject to impairment losses if the fair value a token decreases below the carrying value at the end of each quarterly accounting period. The fair value of liquidity pool tokens is based on the quoted price on the last day of the quarter at 4PM Eastern Time. The fair value of NFTs is based on the average trading price on the last day of each quarter. Impairment for liquidity pool tokens and non-fungible tokens is assessed quarterly due to each token being a unique asset and due to the illiquid markets in which these tokens trade. The Company is continuously reviewing available markets and information and its methodology when determining the fair value of digital assets. The Company currently reviews quoted prices of its liquidity pool tokens, non-fungible tokens and comparable tokens at https://uniswap.org https://opensea.io The sales of digital assets held are included within investing activities in the accompanying statements of cash flows and any realized gains or losses from such sales are included in other income (expense) in the statements of operations.
Revenue recognition	Revenue recognition There is currently no definitive guidance under GAAP or alternative accounting framework for the accounting for digital assets recognized as revenue or held, and management has exercised significant judgment in determining the appropriate accounting treatment. In the event authoritative guidance is enacted by the FASB, the Company may be required to change its policies, which could have an effect on the Company’s financial position and results from operations. Revenue is recognized when the award is claimed and deposited in the Company wallet. The transaction consideration the Company receives is noncash in the form of digital assets. Revenue is measured at the fair value of the digital assets awards received using the quoted price Airdrop Airdrop is the distribution of tokens without compensation generally undertaken with a view of increasing awareness of a new token, to encourage adoption of new token and to increase liquidity in the early stages of a token project. Liquidity Pools The Company earns fees by providing liquidity on Uniswap V2 and Uniswap V3. The Company earns fees proportionate to the liquidity they have supplied to the exchange. The fee for each trade is set at 0.05% for stable coins, 0.3% for most pairs and 1.0% for exotic pairs. The fees earned by the Company depends on the risk characteristics of each pair of tokens selected and the price range liquidity is provided. Uniswap V2 requires users to provide liquidity over the entire price curve, whereas Uniswap V3 provides users with the provide liquidity over a price range. Staking Rewards The Company earns rewards for agreeing to lock up tokens for a fixed period of time to participate in running the blockchain and maintaining security. Rewards are typically calculated in percentage yields.
Convertible Financial Instruments	Convertible Financial Instruments The Company bifurcates conversion options from their host instruments and accounts for them as free-standing derivative financial instruments if certain criteria are met. The criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument. An exception to this rule is when the host instrument is deemed to be conventional, as that term is described under applicable GAAP. When the Company has determined that the embedded conversion options should not be bifurcated from their host instruments, discounts are recorded for the intrinsic value of conversion options embedded in the instruments based upon the differences between the fair value of the underlying common stock at the commitment date of the transaction and the effective conversion price embedded in the instrument. Beneficial conversion feature
Related Parties	Related Parties The Company follows subtopic 850-10 of the ASC for the identification of related parties and disclosure of related party transactions. The financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. The disclosures shall include: (a) the nature of the relationship(s) involved; (b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; (c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and, (d) amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.
Commitments and Contingencies	Commitments and Contingencies The Company follows ASC 450-20 to report accounting for contingencies. Certain conditions may exist as of the date the financial statements are issued, which may result in a loss to the Company, but which will only be resolved when one or more future events occur or fail to occur. Management assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or un-asserted claims that may result in such proceedings, management evaluates the perceived merits of any legal proceedings or un-asserted claims as well as the perceived merits of the amount of relief sought or expected to be sought therein. If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed.
Deferred Tax Assets and Income Taxes Provision	Deferred Tax Assets and Income Taxes Provision The Company follows the provisions of ASC 740-10-25-13, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under ASC 740-10-25-13, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its balance sheets and provides valuation allowances as management deems necessary. Management makes judgments as to the interpretation of the tax laws that might be challenged upon an audit and cause changes to previous estimates of tax liability. In addition, the Company operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions. In management’s opinion, adequate provisions for income taxes have been made for all years. If actual taxable income by tax jurisdiction varies from estimates, additional allowances or reversals of reserves may be necessary. Tax years that remain subject to examination by major tax jurisdictions are generally the prior three (3) years for federal purposes, and the prior four (4) years for state purposes; however, as a result of the Company’s operating losses, all tax years remain subject to examination by tax authorities.
Net Income (Loss) Per Common Share	Net Income (Loss) Per Common Share The Company computes net income or loss per share in accordance with ASC 260 Earnings Per Share. Under the provisions of the Earnings per Share Topic ASC, basic net loss per share is computed by dividing the net loss available to common stockholders for the period by the weighted average number of shares of common stock outstanding during the period. The calculation of diluted net loss per share gives effect to common stock equivalents; however, potential common shares are excluded if their effect is anti-dilutive.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company follows paragraph 825-10-50-10 of ASC for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of ASC (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1: Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2: Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3: Pricing inputs that are generally unobservable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. Transactions involving related parties cannot be presumed to be carried out on an arms-length basis, as the requisite conditions of competitive, free-market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm’s-length transactions unless such representations can be substantiated.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In August 2020, the FASB issued ASU 2020-06, Debt— Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40). Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements.

DIGITAL ASSETS HELD, NET OF I_2

DIGITAL ASSETS HELD, NET OF IMPAIRMENT (Tables)	12 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
SCHEDULE OF DIGITAL ASSETS HELD NET OF IMPAIRMENT	Digital assets held, net of impairment have consisted of: SCHEDULE OF DIGITAL ASSETS HELD NET OF IMPAIRMENT Tokens Liquidity Pool Tokens and Non-Fungible Tokens Total Tokens Liquidity Pool Tokens and Non-Fungible Tokens Total Balance, July 1, 2021 $ - $ - $ - Beginning balance $ - $ - $ - Purchase of digital assets 8,000,348 3,615,362 11,615,710 Proceeds from sale of digital assets (7,598,130 ) (2,626,769 ) (10,224,899 ) Realized (loss) gain on sales/ exchange digital assets (361,765 ) (443,069 ) (804,834 ) Acquired digital assets by Airdrop 17,439 - 17,439 Acquired digital assets by Liquidity Pools 81,765 - 81,765 Acquired digital assets by Staking Rewards 852 852 Digital assets used to pay fees (17,749 ) - (17,749 ) Impairment charges (33,075 ) (200,567 ) (233,642 ) Balance, June 30, 2022 $ 89,685 $ 344,957 $ 434,642 Ending balance $ 89,685 $ 344,957 $ 434,642
SCHEDULE OF ASSETS DIGITAL HOLDING IMPAIRMENTS	As at June 30, 2022, the Company’s holdings of digital assets held, net of impairment consists of: SCHEDULE OF ASSETS DIGITAL HOLDING IMPAIRMENTS Units held Carrying value, at cost less impairment Tokens APE 9,304.96 $ 34,276 ETH 23.25 23,666 CAKE 4,570.35 12,061 MKR 9.83 7,052 RLP 249.49 6,910 USDC 5,251.32 5,249 LINK 94.05 471 Tokens Total $ 89,685 Liquidity Pool Tokens Uniswap V3 4.2 $ 239,827 mooEmp 275.77 30,841 Liquidity Pool Tokens Total $ 270,668 Non-Fungible Tokens Mutant Ape Yacht Club 1 $ 19,573 Other Deed 8 38,604 Board Ape Kennel Club 1 6,106 Meebits 2 10,006 Non-Fungible Tokens Total $ 74,289 Total $ 434,642

NOTES PAYABLE _ RELATED PARTI_2

NOTES PAYABLE – RELATED PARTIES (Tables)	12 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
SCHEDULE OF AMOUNTS OWNED TO RELATED PARTIES	SCHEDULE OF AMOUNTS OWNED TO RELATED PARTIES Debts forgiven by Roran on September 2, 2021 Convertible note payable – related party $ 149,838 Interest on convertible note payable – related party 39,439 Advance from related party 18,367 Forgiveness of convertible note payable, accrued interest and advances – related party $ 207,644

RELATED PARTY TRANSACTION - 2_2

RELATED PARTY TRANSACTION - 2021 (Tables)	12 Months Ended
	Jun. 30, 2022
Related Party Transactions [Abstract]
SCHEDULE OF CONVERTIBLE DEBTS	The following amounts were owed to related parties affiliated with the former CEO and former Chairman of the Board, at the dates indicated: SCHEDULE OF CONVERTIBLE DEBTS June 30, 2021 Convertible Note Payable $ 149,838 Interest on Convertible Note Payable 36,441 Total $ 186,279

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES	The tax effects of temporary differences and tax loss and credit carry forwards that give rise to significant portions of deferred tax assets and liabilities on June 30, 2022 and 2021 are comprised of the following: SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES Year Ended Year Ended Deferred tax assets: Net-operating loss carryforward $ 259,803 $ 77,219 Total deferred tax assets 259,803 77,219 Valuation allowance (259,803 ) (77,219 ) Deferred tax assets, net of allowance $ - $ -
SCHEDULE OF PROVISION FOR INCOME TAXES	SCHEDULE OF PROVISION FOR INCOME TAXES Year Ended Year Ended Federal Current $ - $ - Deferred 259,803 77,219 State - - Current - - Deferred - - Change in valuation allowance (259,803 ) (77,219 ) Income tax provision $ - $ -
SCHEDULE OF EFFECTIVE INCOME TAX RATE	The expected tax expense (benefit) based on the U.S. federal statutory rate is reconciled with actual tax expense (benefit) as follows: SCHEDULE OF EFFECTIVE INCOME TAX RATE Year Ended Year Ended Statutory Federal Income Tax Rate 21 % 21 % Non-deductible expenses (5 )% (5 )% Change in valuation allowance (16 )% (16 )% Income tax provision $ - $ -

ORGANIZATION AND OPERATIONS (De

ORGANIZATION AND OPERATIONS (Details Narrative) - USD ($)				12 Months Ended
	Sep. 02, 2021	Sep. 02, 2021	May 28, 2014	Jun. 30, 2022	Jun. 30, 2021	Dec. 15, 2021
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Forgiveness of convertible note payable accrued interest and advances related party	$ 207,644			$ 207,644
Percentage of stock issued	69.70%	69.70%
Common stock, shares authorized				100,000,000	100,000,000	100,000,000
Preferred stock, shares authorized				20,000,000	20,000,000	20,000,000
Preferred stock, par value				$ 0.0001	$ 0.0001	$ 0.0001
Common stock, par value				$ 0.0001	$ 0.0001	$ 0.0001
Net loss				$ 1,115,850	$ 116,662
Net cash used in operating activities				153,308	57,581
Accumulated deficit				$ 19,046,202	$ 17,930,352
Stock Purchase Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Common stock shares acquired		4,247,666
Stock Purchase Agreement [Member] | Roran Capital LLC [Member] | Ryan Schadel [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of shares acquired	4,247,666	4,247,666
Purchase price of shares acquired	$ 385,000	$ 385,000
Small Business Administration [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Litigation settlement, expense			$ 11,770,722

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	12 Months Ended
	Jun. 30, 2022 USD ($)
Property, Plant and Equipment [Line Items]
Earnings on liquidity pools description	The Company earns fees by providing liquidity on Uniswap V2 and Uniswap V3. The Company earns fees proportionate to the liquidity they have supplied to the exchange. The fee for each trade is set at 0.05% for stable coins, 0.3% for most pairs and 1.0% for exotic pairs. The fees earned by the Company depends on the risk characteristics of each pair of tokens selected and the price range liquidity is provided. Uniswap V2 requires users to provide liquidity over the entire price curve, whereas Uniswap V3 provides users with the provide liquidity over a price range.
Income tax likelihood of being realized upon ultimate settlement	fifty percent (50%)
Income tax examination, description	Tax years that remain subject to examination by major tax jurisdictions are generally the prior three (3) years for federal purposes, and the prior four (4) years for state purposes; however, as a result of the Company’s operating losses, all tax years remain subject to examination by tax authorities.
Maximum [Member]
Property, Plant and Equipment [Line Items]
Insured amount	$ 250,000
Financial Institution [Member]
Property, Plant and Equipment [Line Items]
Cash held	35,143
Coinbase Inc [Member]
Property, Plant and Equipment [Line Items]
Cash held	$ 8

SCHEDULE OF DIGITAL ASSETS HELD

SCHEDULE OF DIGITAL ASSETS HELD NET OF IMPAIRMENT (Details) - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Finite-Lived Intangible Assets [Line Items]
Beginning balance
Purchase of digital assets	11,615,710
Proceeds from sale of digital assets	(10,224,899)
Realized (loss) gain on sales/ exchange digital assets	(804,834)
Acquired digital assets by Airdrop	17,439
Acquired digital assets by Liquidity Pools	81,765
Acquired digital assets by Staking Rewards	852
Digital assets used to pay fees	(17,749)
Impairment charges	(233,642)
Ending balance	434,642
Tokens [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance
Purchase of digital assets	8,000,348
Proceeds from sale of digital assets	(7,598,130)
Realized (loss) gain on sales/ exchange digital assets	(361,765)
Acquired digital assets by Airdrop	17,439
Acquired digital assets by Liquidity Pools	81,765
Acquired digital assets by Staking Rewards	852
Digital assets used to pay fees	(17,749)
Impairment charges	(33,075)
Ending balance	89,685
Liquidity Pool Tokens and Non-Fungible Tokens [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance
Purchase of digital assets	3,615,362
Proceeds from sale of digital assets	(2,626,769)
Realized (loss) gain on sales/ exchange digital assets	(443,069)
Acquired digital assets by Airdrop
Acquired digital assets by Liquidity Pools
Digital assets used to pay fees
Impairment charges	(200,567)
Ending balance	$ 344,957

SCHEDULE OF ASSETS DIGITAL HOLD

SCHEDULE OF ASSETS DIGITAL HOLDING IMPAIRMENTS (Details)	12 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)
Indefinite-Lived Intangible Assets [Line Items]
Total	$ 434,642
Tokens APE [Member]
Indefinite-Lived Intangible Assets [Line Items]
Units held	9,304.96
Impairment of Intangible Assets (Excluding Goodwill)	$ 34,276
Tokens ETH [Member]
Indefinite-Lived Intangible Assets [Line Items]
Units held	23.25
Impairment of Intangible Assets (Excluding Goodwill)	$ 23,666
Tokens CAKE [Member]
Indefinite-Lived Intangible Assets [Line Items]
Units held	4,570.35
Impairment of Intangible Assets (Excluding Goodwill)	$ 12,061
Tokens MKR [Member]
Indefinite-Lived Intangible Assets [Line Items]
Units held	9.83
Impairment of Intangible Assets (Excluding Goodwill)	$ 7,052
Tokens RLP [Member]
Indefinite-Lived Intangible Assets [Line Items]
Units held	249.49
Impairment of Intangible Assets (Excluding Goodwill)	$ 6,910
Tokens USDC [Member]
Indefinite-Lived Intangible Assets [Line Items]
Units held	5,251.32
Impairment of Intangible Assets (Excluding Goodwill)	$ 5,249
Tokens LINK [Member]
Indefinite-Lived Intangible Assets [Line Items]
Units held	94.05
Impairment of Intangible Assets (Excluding Goodwill)	$ 471
Tokens [Member]
Indefinite-Lived Intangible Assets [Line Items]
Impairment of Intangible Assets (Excluding Goodwill)	$ 89,685
Liquidity Pool Tokens Uniswap V3 [Member]
Indefinite-Lived Intangible Assets [Line Items]
Units held	4.2
Impairment of Intangible Assets (Excluding Goodwill)	$ 239,827
Liquidity Pool Tokens mooEmp [Member]
Indefinite-Lived Intangible Assets [Line Items]
Units held	275.77
Impairment of Intangible Assets (Excluding Goodwill)	$ 30,841
Liquidity Pool Tokens [Member]
Indefinite-Lived Intangible Assets [Line Items]
Impairment of Intangible Assets (Excluding Goodwill)	$ 270,668
Non Fungible Tokens Mutant Ape Yacht Club [Member]
Indefinite-Lived Intangible Assets [Line Items]
Units held	1
Impairment of Intangible Assets (Excluding Goodwill)	$ 19,573
Non-Fungible Tokens Other Deed [Member]
Indefinite-Lived Intangible Assets [Line Items]
Units held	8
Impairment of Intangible Assets (Excluding Goodwill)	$ 38,604
Non Fungible Tokens Board Ape Kennel Club [Member]
Indefinite-Lived Intangible Assets [Line Items]
Units held	1
Impairment of Intangible Assets (Excluding Goodwill)	$ 6,106
Non Fungible Tokens Meebits [Member]
Indefinite-Lived Intangible Assets [Line Items]
Units held	2
Impairment of Intangible Assets (Excluding Goodwill)	$ 10,006
Non Fungible Token [Member]
Indefinite-Lived Intangible Assets [Line Items]
Impairment of Intangible Assets (Excluding Goodwill)	$ 74,289

SCHEDULE OF AMOUNTS OWNED TO RE

SCHEDULE OF AMOUNTS OWNED TO RELATED PARTIES (Details)	Sep. 02, 2021 USD ($)
Extinguishment of Debt [Line Items]
Forgiveness of convertible note payable, accrued interest and advances - related party	$ 207,644
Convertible Note Payable [Member]
Extinguishment of Debt [Line Items]
Forgiveness of convertible note payable, accrued interest and advances - related party	149,838
Interest on Convertible Note Payable [Member]
Extinguishment of Debt [Line Items]
Forgiveness of convertible note payable, accrued interest and advances - related party	39,439
Advance from Related Party [Member]
Extinguishment of Debt [Line Items]
Forgiveness of convertible note payable, accrued interest and advances - related party	$ 18,367

NOTES PAYABLE _ RELATED PARTI_3

NOTES PAYABLE – RELATED PARTIES (Details Narrative) - USD ($)

12 Months Ended

Jun. 29, 2022

May 10, 2022

May 09, 2022

May 06, 2022

Mar. 10, 2022

Mar. 04, 2022

Oct. 18, 2021

Sep. 02, 2021

Jun. 08, 2020

Dec. 13, 2019

Jun. 17, 2019

Sep. 19, 2017

Jun. 30, 2022

Jun. 30, 2021

Sep. 30, 2019

Short-Term Debt [Line Items]

Debt face amount

$ 116,800

Convertible note payable

$ 149,838

Proceeds from related party debt

18,367

Forgiveness of convertible note payable accrued interest and advances related party

$ 207,644

207,644

Debt amortized cost

12,761

$ 30,000

Promissory Note [Member]

Short-Term Debt [Line Items]

Debt face amount

$ 40,000

$ 100,000

Debt instruments interest rate percentage

0.01%

0.01%

Convertible Promissory Note [Member]

Short-Term Debt [Line Items]

Debt face amount

$ 20,000

Debt instruments interest rate percentage

3.25%

Debt conversion price per share

$ 0.50

Debt converted shares issued

$ 1.40

Beneficial conversion

$ 20,000

Debt amortized cost

559

Debt unamortized cost

19,441

Convertible Promissory Note Related Party [Member]

Short-Term Debt [Line Items]

Debt face amount

$ 40,874

Debt instruments interest rate percentage

3.50%

Debt conversion price per share

$ 0.50

Debt converted shares issued

$ 1.25

Beneficial conversion

$ 40,874

Debt unamortized cost

38,233

Debt amortized cost

2,641

Convertible Promissory Note Related Party One [Member]

Short-Term Debt [Line Items]

Debt face amount

$ 59,986

Debt instruments interest rate percentage

3.25%

Debt conversion price per share

$ 0.50

Debt converted shares issued

$ 1.42

Beneficial conversion

$ 59,986

Debt unamortized cost

56,307

Debt amortized cost

3,679

Convertible Promissory Note Related Party Two [Member]

Short-Term Debt [Line Items]

Debt face amount

$ 100,000

Debt instruments interest rate percentage

3.25%

Debt conversion price per share

$ 0.50

Debt converted shares issued

$ 1.45

Beneficial conversion

$ 100,000

Debt unamortized cost

96,988

Debt amortized cost

3,012

Convertible Promissory Note Related Party Three [Member]

Short-Term Debt [Line Items]

Debt face amount

$ 100,000

Debt instruments interest rate percentage

3.25%

Debt conversion price per share

$ 0.50

Debt converted shares issued

$ 1.415

Beneficial conversion

$ 100,000

Debt unamortized cost

97,152

Debt amortized cost

2,848

Convertible Promissory Note Related Party Four [Member]

Short-Term Debt [Line Items]

Debt face amount

$ 40,000

Debt instruments interest rate percentage

3.25%

Debt conversion price per share

$ 0.50

Debt converted shares issued

$ 1

Beneficial conversion

$ 40,000

Debt unamortized cost

39,978

Debt amortized cost

22

Additional Paid-in Capital [Member]

Short-Term Debt [Line Items]

Forgiveness of convertible note payable accrued interest and advances related party

207,644

Ryan Schadel [Member] | Promissory Note [Member]

Short-Term Debt [Line Items]

Debt face amount

$ 100,000

Debt maturity date

Oct. 18, 2022

Debt instruments interest rate percentage

0.01%

Roran Capital LLC [Member]

Short-Term Debt [Line Items]

Proceeds from related party debt

$ 18,367

Convertible Loan Agreement [Member]

Short-Term Debt [Line Items]

Debt maturity term description

Pursuant to the Loan Agreement, Roran agreed to loan the Company an amount not to exceed a total of $150,000 in principal over 18 months

Convertible Loan Agreement [Member] | Roran Capital LLC [Member]

Short-Term Debt [Line Items]

Debt face amount

$ 124,500

$ 250,000

$ 200,000

Debt maturity date

Jun. 19, 2020

Sep. 19, 2019

Debt instruments interest rate percentage

12%

Debt instruments conversion price, percentage

60%

Accrued and unpaid interest

25,500

Conversion common stock value

$ 150,000

Conversion common stock shares

4,166,666

Debt conversion price per share

$ 0.036

Loan Agreement and Promissory Note [Member] | Roran Capital LLC [Member]

Short-Term Debt [Line Items]

Debt face amount

$ 104,838

Accrued and unpaid interest

$ 19,988

Stock Purchase Agreement [Member] | Roran Capital LLC [Member] | Ryan Schadel [Member]

Short-Term Debt [Line Items]

Number of shares acquired

4,247,666

Purchase price of shares acquired

$ 385,000

SCHEDULE OF CONVERTIBLE DEBTS (

SCHEDULE OF CONVERTIBLE DEBTS (Details) - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Related Party Transactions [Abstract]
Convertible Note Payable		$ 149,838
Interest on Convertible Note Payable		36,441
Total		$ 186,279

SHAREHOLDERS_ EQUITY (DEFICIT)

SHAREHOLDERS’ EQUITY (DEFICIT) (Details Narrative) - USD ($)			12 Months Ended
	Mar. 16, 2022	Mar. 11, 2022	Jun. 30, 2022	Dec. 15, 2021	Jun. 30, 2021
Class of Stock [Line Items]
Common stock, shares authorized			100,000,000	100,000,000	100,000,000
Preferred stock, shares authorized			20,000,000	20,000,000	20,000,000
Common stock, par value			$ 0.0001	$ 0.0001	$ 0.0001
Preferred stock, par value			$ 0.0001	$ 0.0001	$ 0.0001
Warrants weighted average remaining term			4 years 8 months 15 days
Warrant One [Member]
Class of Stock [Line Items]
Stock issued during period shares, new issues	2,200,000
Issued price per share	$ 1.30
Warrant Two [Member]
Class of Stock [Line Items]
Stock issued during period shares, new issues	2,200,000
Issued price per share	$ 1.50
Warrant Three [Member]
Class of Stock [Line Items]
Stock issued during period shares, new issues	2,200,000
Issued price per share	$ 1.75
Stock Purchases Agreements [Member]
Class of Stock [Line Items]
Warrants and Rights Outstanding, Term	5 years
Series A Convertible Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized		100
Stock issued during period value, new issues		$ 50,000
Stock issued during period shares, new issues		100,000
Common stock, percentage		9.99%
Preferred stock, shares issued			22		0
Series A Convertible Preferred Stock [Member] | Stock Purchases Agreements [Member]
Class of Stock [Line Items]
Preferred stock, shares issued	22
Warrants issued for cash	$ 1,100,000

SCHEDULE OF DEFERRED TAX ASSETS

SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES (Details) - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Net-operating loss carryforward	$ 259,803	$ 77,219
Total deferred tax assets	259,803	77,219
Valuation allowance	(259,803)	(77,219)
Deferred tax assets, net of allowance

SCHEDULE OF PROVISION FOR INCOM

SCHEDULE OF PROVISION FOR INCOME TAXES (Details) - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Current
Deferred	259,803	77,219
Current
Deferred
Change in valuation allowance	(259,803)	(77,219)
Income tax provision

SCHEDULE OF EFFECTIVE INCOME TA

SCHEDULE OF EFFECTIVE INCOME TAX RATE (Details)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Statutory Federal Income Tax Rate	21%	21%
Non-deductible expenses	(5.00%)	(5.00%)
Change in valuation allowance	(16.00%)	(16.00%)
Income tax provision

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Income tax expense
Effective income tax reconciliation percentage	80%
Deduction to adjusted taxable income	30%
Operating loss carry forwards	$ 1,237,200
Valuation allowance deferred tax asset change in amount	$ 259,803	$ 77,219
Minimum [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Prior year income tax, percentage	30%
Maximum [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Prior year income tax, percentage	50%
Valuation allowance deferred tax asset change in amount	$ 182,600

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)	Aug. 29, 2022	Aug. 12, 2022	Jul. 15, 2022	Oct. 18, 2021	Jun. 29, 2022	Sep. 30, 2019
Subsequent Event [Line Items]
Debt instrument face value						$ 116,800
Promissory Note [Member]
Subsequent Event [Line Items]
Debt instrument face value				$ 100,000	$ 40,000
Debt interest rate				0.01%	0.01%
Promissory Note [Member] | Ryan Schadel [Member]
Subsequent Event [Line Items]
Debt instrument face value				$ 100,000
Debt interest rate				0.01%
Debt Instrument, Maturity Date				Oct. 18, 2022
Subsequent Event [Member]
Subsequent Event [Line Items]
Forward stock split			10-for-1 forward stock split
Subsequent Event [Member] | Promissory Note [Member] | Laborsmart Inc [Member]
Subsequent Event [Line Items]
Debt instrument face value		$ 50,000
Debt interest rate		5%
Debt Instrument, Maturity Date		Aug. 12, 2023
Debt instrument interest rate effective percentage		12%
Subsequent Event [Member] | Promissory Note One [Member] | TomZarro [Member]
Subsequent Event [Line Items]
Debt instrument face value		$ 50,000
Debt interest rate		5%
Debt Instrument, Maturity Date		Aug. 12, 2023
Debt instrument interest rate effective percentage		12%
Purchase of warrants		20,000
Warrant exercise price		$ 0.75
Subsequent Event [Member] | Promissory Note Two [Member] | Ryan Schadel [Member]
Subsequent Event [Line Items]
Debt instrument interest rate increase decrease	5%
Stock issued during period shares new issued	15,000