Cover
Cover | 9 Months Ended |
Sep. 30, 2021 | |
Entity Addresses [Line Items] | |
Document Type | S-1 |
Amendment Flag | false |
Entity Registrant Name | GOOD GAMING, INC. |
Entity Central Index Key | 0001454742 |
Entity Incorporation, State or Country Code | NV |
Entity Address, Address Line One | 415 McFarlan Road |
Entity Address, Address Line Two | Suite 108 |
Entity Address, City or Town | Kennett Square |
Entity Address, State or Province | PA |
Entity Address, Postal Zip Code | 19348 |
City Area Code | (888) |
Local Phone Number | 295-7279 |
Entity Filer Category | Non-accelerated Filer |
Entity Small Business | true |
Entity Emerging Growth Company | false |
Business Contact [Member] | |
Entity Addresses [Line Items] | |
Entity Address, Address Line One | David Dorwart |
Entity Address, Address Line Two | 415 McFarlan Road |
Entity Address, Address Line Three | Suite 108 |
Entity Address, City or Town | Kennett Square |
Entity Address, State or Province | PA |
Entity Address, Postal Zip Code | 19348 |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) | Sep. 30, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Current Assets | |||
Cash and Cash Equivalents | $ 3,833 | $ 2,305 | $ 2,022 |
Prepaid expenses- related party | 12,834 | 8,125 | 8,750 |
Total Current Assets | 16,667 | 10,430 | 10,772 |
Digital Assets | 323,207 | ||
Furniture and Equipment, Net | 4,256 | 5,875 | 5,180 |
Gaming Software, Net | |||
TOTAL ASSETS | 344,130 | 16,305 | 15,952 |
Current Liabilities | |||
Accounts Payable and Accrued Expenses | 255,602 | 164,987 | 133,260 |
Derivative Liability | 16,508,750 | 1,303,456 | 777,118 |
Notes Payable- related party | 13,440 | 13,440 | 13,440 |
Convertible Debentures, current | 0 | 17,240 | 100,260 |
Notes Payable - ViaOne Services | 2,682,337 | 2,146,468 | 1,738,295 |
Total Current Liabilities | 19,460,129 | 3,645,591 | 2,762,373 |
Total Liabilities | 19,460,129 | 3,645,591 | 2,762,373 |
Stockholders’ Deficit | |||
Common Stock Authorized: 100,000,000 Common Shares, With a Par Value of $0.001 Per Share Issued and Outstanding: 67,374,031 at December 31, 2020 and 34,625,914 Shares at December 31, 2019 | 81,792 | 65,374 | 53,988 |
Additional Paid-In Capital | 4,415,751 | 4,282,629 | 4,210,995 |
Accumulated Deficit | (23,613,570) | (7,977,367) | (7,011,482) |
Total Stockholders’ Deficit | (19,115,999) | (3,629,286) | (2,746,421) |
TOTAL LIABILITIES & DEFICIT | 344,130 | 16,305 | 15,952 |
Series A Preferred Stock [Member] | |||
Stockholders’ Deficit | |||
Preferred Stock, value | 8 | 8 | 8 |
Series B Preferred Stock [Member] | |||
Stockholders’ Deficit | |||
Preferred Stock, value | 19 | 69 | 69 |
Series C Preferred Stock [Member] | |||
Stockholders’ Deficit | |||
Preferred Stock, value | 1 | 1 | $ 1 |
Series D Preferred Stock [Member] | |||
Stockholders’ Deficit | |||
Preferred Stock, value |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parenthetical) - $ / shares | Sep. 30, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Preferred stock, shares authorized | 2,250,000 | 2,250,350 | |
Preferred stock, par value | $ 0.001 | $ 0.001 | |
Common stock, shares authorized | 200,000,000 | 200,000,000 | 200,000,000 |
Common stock, par value | $ 0.001 | $ 0.001 | $ 0.001 |
Common stock, shares issued | 81,792,707 | 67,374,031 | 34,625,914 |
Common stock, shares outstanding | 81,792,707 | 67,374,031 | 34,625,914 |
Series A Preferred Stock [Member] | |||
Preferred stock, shares authorized | 2,000,000 | 2,000,000 | 2,000,000 |
Preferred stock, par value | $ 0.001 | $ 0.001 | $ 0.001 |
Preferred stock, shares issued | 7,500 | 7,500 | 7,500 |
Preferred stock, shares outstanding | 7,500 | 7,500 | 7,500 |
Series B Preferred Stock [Member] | |||
Preferred stock, shares authorized | 249,999 | 249,999 | 249,999 |
Preferred stock, par value | $ 0.001 | $ 0.001 | $ 0.001 |
Preferred stock, shares issued | 18,616 | 68,997 | 68,997 |
Preferred stock, shares outstanding | 18,616 | 68,997 | 68,997 |
Series C Preferred Stock [Member] | |||
Preferred stock, shares authorized | 1 | 1 | 1 |
Preferred stock, par value | $ 0.001 | $ 0.001 | $ 0.001 |
Preferred stock, shares issued | 1 | 1 | 1 |
Preferred stock, shares outstanding | 1 | 1 | 1 |
Series D Preferred Stock [Member] | |||
Preferred stock, shares authorized | 350 | 350 | 350 |
Preferred stock, par value | $ 0.001 | $ 0.001 | $ 0.001 |
Preferred stock, shares issued | 0 | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 | 0 |
Consolidated Statement of Opera
Consolidated Statement of Operations - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended | |||
Sep. 30, 2021 | Sep. 30, 2020 | Sep. 30, 2021 | Sep. 30, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Income Statement [Abstract] | ||||||
Revenues | $ 269,355 | $ 2,554 | $ 329,885 | $ 7,880 | $ 26,215 | $ 49,519 |
Cost of Revenues | 10,226 | 3,213 | 19,803 | 9,735 | 16,332 | 23,020 |
Gross Profit | 259,129 | (659) | 310,082 | (1,855) | 9,883 | 26,499 |
Operating Expenses | ||||||
General & Administrative | 199,631 | 13,333 | 236,581 | 32,080 | 43,497 | 54,966 |
Contract Labor | 15,850 | 4,500 | 40,850 | 13,500 | 18,150 | 36,328 |
Payroll Expense | ||||||
Depreciation and Amortization Expense | 540 | 540 | 1,619 | 4,100 | 4,640 | 455,416 |
Professional Fees | 236,155 | 85,970 | 423,937 | 262,071 | 351,417 | 358,732 |
Total Operating Expenses | 452,176 | 104,343 | 702,987 | 311,751 | 417,704 | 905,442 |
Operating Loss | (193,047) | (105,002) | (392,905) | (313,606) | (407,821) | (878,943) |
Other Income (Expense) | ||||||
Loss on Stock Conversion | ||||||
Gain in Debt Settlement | ||||||
Interest Income | ||||||
Interest Expense | (22,140) | (7,931) | (38,004) | (23,795) | (31,726) | (31,726) |
Loss on disposal of Fixed Assets | (17,779) | |||||
Gain (Loss) on Change in Fair Value of Derivative Liability | (12,110,000) | 199,408 | (15,205,294) | (214,204) | (526,338) | (202,321) |
Total Other Income (Loss) | (12,132,140) | 191,476 | (15,243,298) | (237,999) | (558,064) | (251,826) |
Net Loss Before Discontinued Operations | (965,885) | (1,130,769) | ||||
Discontinued Operations | ||||||
Net Loss | $ (12,325,187) | $ 86,475 | $ (15,636,203) | $ (551,605) | $ (965,885) | $ (1,130,769) |
Net Loss Per Share, Basic and Diluted | $ (0.15) | $ (0.19) | $ (0.01) | $ (0.02) | $ (0.02) | |
Weighted Average Shares Outstanding | 81,792,707 | 59,409,280 | 81,792,707 | 59,409,280 | 59,409,280 | 53,921,421 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows - USD ($) | 9 Months Ended | 12 Months Ended | ||
Sep. 30, 2021 | Sep. 30, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Operating Activities | ||||
Net Loss From Continuing Operations | $ (15,636,203) | $ (551,605) | $ (965,885) | $ (1,130,769) |
Adjustments To Reconcile Net Loss to Net Cash Used In Operating Activities- Continuing Operations | ||||
Depreciation and Amortization | 1,619 | 4,100 | 4,640 | 455,416 |
Gain on Debt Settlement | ||||
Loss on Disposal of Fixed Assets | 17,779 | |||
Change In Fair Value Of Derivative Liability | 15,205,294 | 214,204 | 526,338 | 202,321 |
Stock Based Compensation | 132,250 | |||
Changes in operating assets and liabilities | ||||
Due from Affiliate | ||||
Prepaid Expenses | (4,708) | (7,500) | (625) | (1,250) |
Accounts Payable and Accrued Liabilities | 90,613 | 23,801 | 31,726 | 21,287 |
Net Cash Provided By (Used in) Operating Activities | (211,135) | (317,000) | (402,556) | (432,716) |
Investing Activities | ||||
Purchase of Digital Assets | (323,207) | |||
Purchase Of Equipment | (5,335) | (5,335) | (2,022) | |
Net Cash Provided By (Used in) Investing Activities | (323,207) | (5,335) | (5,335) | 478 |
Financing Activities | ||||
Due To ViaOne Services | 535,870 | 323,382 | 408,174 | 421,811 |
Net Cash Provided By (Used In) Financing Activities | 535,870 | 323,382 | 408,174 | 421,811 |
Change in Cash and Cash Equivalents | 1,529 | 1,047 | 282 | (10,427) |
Cash and Cash Equivalents, Beginning Of Year | 2,304 | 2,022 | 2,022 | 12,449 |
Cash and Cash Equivalents, End Of Year | 3,833 | 3,069 | 2,304 | 2,022 |
Supplemental disclosure of cash flow information: | ||||
Cash paid for interest | ||||
Cash paid for taxes | ||||
Non-Cash Investing And Financing Activities | ||||
Shares Issued For Acquisition Of Software | ||||
Gain on Debt Settlement | ||||
Proceeds from sale of Property and Equipment | 2,500 | |||
Proceeds From Sale Of Preferred Stock Series D | ||||
Repayments of Preferred Stock Series D | ||||
Common Shares Issued for Conversion Of Debt | 83,020 | |||
Conversion of Loan to ViaOneDebt Discount Due To Beneficial Conversion Feature |
Statements of Stockholders' Equ
Statements of Stockholders' Equity (Deficit) - USD ($) | Series A Preferred Stock [Member]Preferred Stock [Member] | Series B Preferred Stock [Member]Preferred Stock [Member] | Series C Preferred Stock [Member]Preferred Stock [Member] | Series D Preferred Stock [Member]Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
Beginning balance, value at Dec. 31, 2018 | $ 8 | $ 69 | $ 1 | $ 1 | $ 49,718 | $ 4,215,264 | $ (5,880,713) | $ (1,615,652) |
Beginning balance, shares at Dec. 31, 2018 | 7,500 | 69,197 | 1 | 6 | 49,717,922 | |||
Conversion of preferred shares B to common shares | $ 3,750 | (3,750) | ||||||
Net loss | (1,130,769) | (1,130,769) | ||||||
Ending balance, value at Dec. 31, 2019 | $ 8 | $ 69 | $ 1 | $ 53,988 | 4,210,995 | (7,011,482) | (2,746,421) | |
Ending balance, shares at Dec. 31, 2019 | 7,500 | 68,997 | 1 | 53,988,755 | ||||
Conversion of preferred shares B to common shares, shares | $ (200) | $ 3,750,000 | ||||||
Conversion of preferred shares D to Common Shares | $ (1) | 520 | (519) | |||||
Conversion of preferred shares D to Common Shares, shares | (6) | 520,833 | ||||||
Net loss | (84,067) | (84,067) | ||||||
Ending balance, value at Mar. 31, 2020 | $ 8 | $ 69 | $ 1 | $ 53,988 | 4,210,995 | (7,095,549) | (2,830,488) | |
Ending balance, shares at Mar. 31, 2020 | 7,500 | 68,197 | 1 | 53,988,755 | ||||
Beginning balance, value at Dec. 31, 2019 | $ 8 | $ 69 | $ 1 | $ 53,988 | 4,210,995 | (7,011,482) | (2,746,421) | |
Beginning balance, shares at Dec. 31, 2019 | 7,500 | 68,997 | 1 | 53,988,755 | ||||
Net loss | (551,605) | |||||||
Ending balance, value at Sep. 30, 2020 | $ 8 | $ 69 | $ 1 | $ 59,409 | 4,223,229 | (7,563,086) | (3,280,370) | |
Ending balance, shares at Sep. 30, 2020 | 7,500 | 68,197 | 1 | 59,409,280 | ||||
Beginning balance, value at Dec. 31, 2019 | $ 8 | $ 69 | $ 1 | $ 53,988 | 4,210,995 | (7,011,482) | (2,746,421) | |
Beginning balance, shares at Dec. 31, 2019 | 7,500 | 68,997 | 1 | 53,988,755 | ||||
Conversion of Convertible Notes,shares | 11,385,276 | |||||||
Net loss | (965,885) | (965,885) | ||||||
Ending balance, value at Dec. 31, 2020 | $ 8 | $ 69 | $ 1 | $ 65,374 | 4,282,629 | (7,977,367) | (3,629,286) | |
Ending balance, shares at Dec. 31, 2020 | 7,500 | 68,997 | 1 | 65,374,031 | ||||
Conversion of Convertible Notes | $ 11,386 | 71,634 | 83,020 | |||||
Beginning balance, value at Mar. 31, 2020 | $ 8 | $ 69 | $ 1 | $ 53,988 | 4,210,995 | (7,095,549) | (2,830,488) | |
Beginning balance, shares at Mar. 31, 2020 | 7,500 | 68,197 | 1 | 53,988,755 | ||||
Net loss | (554,012) | (554,012) | ||||||
Ending balance, value at Jun. 30, 2020 | $ 8 | $ 69 | $ 1 | $ 53,988 | 4,210,995 | (7,649,561) | (3,384,500) | |
Ending balance, shares at Jun. 30, 2020 | 7,500 | 68,197 | 1 | 53,988,755 | ||||
Conversion of Convertible Notes | $ 5,421 | 12,234 | 17,655 | |||||
Conversion of Convertible Notes, shares | 5,420,525 | |||||||
Net loss | 86,475 | 86,475 | ||||||
Ending balance, value at Sep. 30, 2020 | $ 8 | $ 69 | $ 1 | $ 59,409 | 4,223,229 | (7,563,086) | (3,280,370) | |
Ending balance, shares at Sep. 30, 2020 | 7,500 | 68,197 | 1 | 59,409,280 | ||||
Beginning balance, value at Dec. 31, 2020 | $ 8 | $ 69 | $ 1 | $ 65,374 | 4,282,629 | (7,977,367) | (3,629,286) | |
Beginning balance, shares at Dec. 31, 2020 | 7,500 | 68,997 | 1 | 65,374,031 | ||||
Conversion of preferred shares B to common shares | $ (18) | $ 3,600 | (3,582) | |||||
Conversion of Convertible Notes,shares | (18,000) | |||||||
Conversion of preferred shares B to common shares, shares | 3,600,000 | |||||||
Net loss | 131,167 | 131,167 | ||||||
Ending balance, value at Mar. 31, 2021 | $ 8 | $ 51 | $ 1 | $ 68,974 | 4,279,047 | (7,846,200) | (3,498,119) | |
Ending balance, shares at Mar. 31, 2021 | 7,500 | 50,997 | 1 | 68,974,031 | ||||
Beginning balance, value at Dec. 31, 2020 | $ 8 | $ 69 | $ 1 | $ 65,374 | 4,282,629 | (7,977,367) | (3,629,286) | |
Beginning balance, shares at Dec. 31, 2020 | 7,500 | 68,997 | 1 | 65,374,031 | ||||
Net loss | (15,636,203) | |||||||
Ending balance, value at Sep. 30, 2021 | $ 8 | $ 19 | $ 1 | $ 208,774 | 4,288,769 | (23,613,570) | (19,115,999) | |
Ending balance, shares at Sep. 30, 2021 | 7,500 | 18,616 | 1 | 81,792,707 | ||||
Beginning balance, value at Mar. 31, 2021 | $ 8 | $ 51 | $ 1 | $ 68,974 | 4,279,047 | (7,846,200) | (3,498,119) | |
Beginning balance, shares at Mar. 31, 2021 | 7,500 | 50,997 | 1 | 68,974,031 | ||||
Conversion of preferred shares B to common shares | $ (30) | $ 5,976 | (5,946) | 0 | ||||
Conversion of preferred shares B to common shares, shares | (29,881) | 5,976,200 | ||||||
Conversion of Convertible Notes | $ 1,257 | 15,983 | 17,240 | |||||
Conversion of Convertible Notes, shares | 1,257,476 | |||||||
Net loss | (3,442,183) | (3,442,183) | ||||||
Ending balance, value at Jun. 30, 2021 | $ 8 | $ 21 | $ 1 | $ 76,207 | 4,289,083 | (11,288,383) | (6,923,062) | |
Ending balance, shares at Jun. 30, 2021 | 7,500 | 21,116 | 1 | 76,207,707 | ||||
Conversion of Convertible Notes | $ (3) | $ 500 | (498) | |||||
Conversion of Convertible Notes, shares | (2,500) | 500,000 | ||||||
Stock Based Compensation | $ 132,067 | 183 | 132,250 | |||||
Stock Based Compensation, shares | 5,085,000 | |||||||
Net loss | (12,325,187) | (12,325,187) | ||||||
Ending balance, value at Sep. 30, 2021 | $ 8 | $ 19 | $ 1 | $ 208,774 | $ 4,288,769 | $ (23,613,570) | $ (19,115,999) | |
Ending balance, shares at Sep. 30, 2021 | 7,500 | 18,616 | 1 | 81,792,707 |
Nature of Operations and Contin
Nature of Operations and Continuance of Business | Jan. 12, 2020 | Sep. 30, 2021 |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
Nature of Operations and Continuance of Business | 1. Nature of Operations and Continuance of Business Good Gaming, Inc. (Formerly HDS International Corp.) (the “Company”) was incorporated on November 3, 2008 under the laws of the State of Nevada. The Company is a leading tournament gaming platform and online destination targeting over 250 million e-sports players and participants worldwide that want to compete at the high school or college level. A substantial portion of the Company’s activities has involved developing a business plan and establishing contacts and visibility in the marketplace and the Company has not generated any substantial revenue to date. Beginning in 2018, the Company began deriving revenue by providing transaction verification services within the digital currency networks of cryptocurrencies. However, on December 12, 2018, the Company discontinued such transaction verification services by dissolving Crypto Strategies Group, Inc., its wholly-owned subsidiary. Going Concern These financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has generated minimal revenues to date and has never paid any dividends and is unlikely to pay dividends or generate significant earnings in the immediate or foreseeable future. As of December 31, 2020, the Company had a working capital deficiency of $ 3,635,161 7,977,367 | 1. Nature of Operations and Continuance of Business Good Gaming, Inc. (Formerly HDS International Corp.) (the “Company”) was incorporated on November 3, 2008, under the laws of the State of Nevada. The Company is a leading tournament gaming platform and online destination targeting over 250 million e-sports players and participants worldwide that want to compete at the high school or college level. A substantial portion of the Company’s activities has involved developing a business plan and establishing contacts and visibility in the marketplace and the Company has not generated any substantial revenue to date. Beginning in 2018, the Company began deriving revenue by providing transaction verification services within the digital currency networks of cryptocurrencies. However, on December 12, 2018, the Company discontinued such transaction verification services by dissolving Crypto Strategies Group, Inc., its wholly-owned subsidiary. In 2021, the Company formulated a new plan to create a new game called “MicroBuddies™” that combines Ethereum ERC721 NFTs (Non-fungible tokens), non-standard ERC20 tokens (GOO™), and strategic gameplay to replicate and create unique and rare NFTs. The game will be played online via the MicroBuddies website and blockchain transactions take place on the Polygon Network. The game is currently in beta and is set to launch in Q4 of 2021. Going Concerns These financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has recurring operating losses and an accumulated deficit. Prior to 2021, the Company has generated minimal revenues. In the third quarter of 2021, the Company generated $ 269,355 |
Summary of Significant Accounti
Summary of Significant Accounting Policies | Jan. 12, 2020 | Sep. 30, 2021 |
Accounting Policies [Abstract] | ||
Summary of Significant Accounting Policies | 2. Summary of Significant Accounting Policies Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the fair values of convertible debentures, derivative liability, stock-based compensation, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. Certain reclassifications have been made to prior-year amounts to conform to the current period presentation. Cash Equivalents The Company considers all highly liquid instruments with maturities of three months or less at the time of issuance to be cash equivalents. Amounts receivable from credit card processors are also considered cash equivalents because they are both short-term and highly liquid in nature. Intangible Assets Intangible assets are carried at the purchased cost less accumulated amortization. Amortization is computed over the estimated useful lives of the respective assets, generally five years Impairment of Long-Lived Assets Long-lived assets and certain identifiable intangible assets to be held and used are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Determination of recoverability is based on an estimate of undiscounted future cash flows resulting from the use of the asset and its eventual disposition. Measurement of an impairment loss for long-lived assets and certain identifiable intangible assets that management expects to hold and use is based on the fair value of the asset. Long-lived assets and certain identifiable intangible assets to be disposed of are reported at the lower of carrying amount or fair value less costs to sell. Beneficial Conversion Features From time to time, the Company may issue convertible notes that may contain an embedded beneficial conversion feature. A beneficial conversion feature exists on the date a convertible note is issued when the fair value of the underlying common stock to which the note is convertible into is in excess of the remaining unallocated proceeds of the note after first considering the allocation of a portion of the note proceeds to the fair value of the warrants, if related warrants have been granted. The intrinsic value of the beneficial conversion feature is recorded as a debt discount with a corresponding amount to additional paid in capital. The debt discount is amortized to interest expense over the life of the note using the effective interest method. Derivative Liability From time to time, the Company may issue equity instruments that may contain an embedded derivative instrument which may result in a derivative liability. A derivative liability exists on the date the equity instrument is issued when there is a contingent exercise provision. The derivative liability is recorded at its fair value calculated by using an option pricing model. The fair value of the derivative liability is then calculated on each balance sheet date with the corresponding gains and losses recorded in the statement of operations. Basic and Diluted Net Loss Per Share The Company computes net loss per share in accordance with ASC 260, Earnings Per Share, which requires presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. On December 31, 2020 and December 31, 2019, the Company had 10,000,000 10,000,000 Income Taxes Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. Pursuant to ASC 740, the Company is required to compute tax asset benefits for net operating losses carried forward. The potential benefits of net operating losses have not been recognized in these consolidated financial statements because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years. Unrecognized tax positions, if ever recognized in the consolidated financial statements, are recorded in the statement of operations as part of the income tax provision. Our policy is to recognize interest and penalties accrued on uncertain tax positions, if any, as part of the income tax provision. The Company has no liability for uncertain tax positions. Unrecognized tax positions, if ever recognized in the consolidated financial statements, are recorded in the statement of operations as part of the income tax provision. The Company’s policy is to recognize interest and penalties accrued on uncertain tax positions, if any, as part of the income tax provision. The Company has no liability for uncertain tax positions. On March 22, 2017, tax reform legislation known as the Tax Cuts and Jobs Act (the “U.S. Tax Reform Act”) was enacted in the United States. The U.S. Tax Reform Act, among other things, reduced the U.S. corporate income tax rate from 35% to 21% Financial Instruments ASC 820, “Fair Value Measurements” and ASC 825, Financial Instruments, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument categorized within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value: Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. Assets and liabilities measured at fair value on a recurring basis were presented on the Company’s balance sheet as at December 31, 2020 and 2019 as follows: Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis Description Fair Value Measurements at December 31, 2020 Using Fair Value Hierarchy Total Level 1 Level 2 Level 3 Derivative liability $ 1,303,456 $ - $ - $ 1,303,456 Total $ 1,303,456 $ - $ - $ 1,303,456 Description Fair Value Measurements at December 31, 2019 Using Fair Value Hierarchy Total Level 1 Level 2 Level 3 Derivative liability $ 777,118 $ - $ - $ 777,118 Total $ 777,118 $ - $ - $ 777,118 The carrying values of all of our other financial instruments, which include accounts payable and accrued liabilities, and amounts due to related parties approximate their current fair values because of their nature and respective maturity dates or durations. Advertising Expenses Advertising expenses are included in general and administrative expenses in the Statements of Operations and are expensed as incurred. The Company incurred $ 3,447 14,080 Revenue Recognition Revenue is recognized in accordance with ASC 606. The Company performs the following five steps: (i) identify the contract(s) with a customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract, and (v) recognize revenue when (or as) the entity satisfies a performance obligation. The Company applies the five-step model to arrangements that meet the definition of a contract under Topic 606, including when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. At contract inception, once the contract is determined to be within the scope of Topic 606, the Company evaluates the goods or services promised within each contract related performance obligation and assesses whether each promised good or service is distinct. The Company recognizes as revenue, the amount of the transaction price that is allocated to the respective performance obligation when (or as) the performance obligation is satisfied.. Revenues primarily include revenues from microtransactions. Microtransaction revenues are derived from the sale of virtual goods to the Company’s players. Proceeds from the sales of virtual goods directly are recognized as revenues when a player uses the virtual goods. Recent Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842), which amends the existing accounting standards for leases. The new standard requires lessees to record a right-of-use (“ROU”) asset and a corresponding lease liability on the balance sheet (with the exception of short-term leases). This new standard is effective for annual reporting periods beginning after December 15, 2018, and interim reporting periods within those annual reporting periods, with early adoption permitted. We adopted this new standard effective January 1, 2019. Adoption did not have any effect on the Company as it does not have any leases. The Company has implemented all other new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the consolidated financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations. | 2. Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with the U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by the U.S. generally accepted accounting principles for complete consolidated financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the fair values of convertible debentures, derivative liability, stock-based compensation, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience, and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. Certain reclassifications have been made to prior-year amounts to conform to the current period presentation. Cash Equivalents The Company considers all highly liquid instruments with maturities of three months or less at the time of issuance to be cash equivalents. Amounts receivable from credit card processors are also considered cash equivalents because they are both short-term and highly liquid in nature. Intangible Assets Intangible assets are carried at the purchased cost less accumulated amortization. Amortization is computed over the estimated useful lives of the respective assets, generally five years Impairment of Long-Lived Assets Long-lived assets and certain identifiable intangible assets to be held and used are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Determination of recoverability is based on an estimate of undiscounted future cash flows resulting from the use of the asset and its eventual disposition. Measurement of an impairment loss for long-lived assets and certain identifiable intangible assets that management expects to hold and use is based on the fair value of the asset. Long-lived assets and certain identifiable intangible assets to be disposed of are reported at the lower of carrying amount or fair value less costs to sell. Derivative Liability From time to time, the Company may issue equity instruments that may contain an embedded derivative instrument which may result in derivative liability. A derivative liability exists on the date the equity instrument is issued when there is a contingent exercise provision. The derivative liability is recorded at its fair value calculated by using an option pricing model. The fair value of the derivative liability is then calculated on each balance sheet date with the corresponding gains and losses recorded in the statement of operations. Basic and Diluted Net Loss Per Share The Company computes net loss per share in accordance with ASC 260, Earnings Per Share, which requires the presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. On September 30, 2021, and December 31, 2020, the Company had 10,000,000 10,000,000 Income Taxes Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. Pursuant to ASC 740, the Company is required to compute tax asset benefits for net operating losses carried forward. The potential benefits of net operating losses have not been recognized in these consolidated financial statements because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years. Unrecognized tax positions, if ever recognized in the consolidated financial statements, are recorded in the statement of operations as part of the income tax provision. Our policy is to recognize interest and penalties accrued on uncertain tax positions, if any, as part of the income tax provision. The Company has no liability for uncertain tax positions. Unrecognized tax positions, if ever recognized in the consolidated financial statements, are recorded in the statement of operations as part of the income tax provision. The Company’s policy is to recognize interest and penalties accrued on uncertain tax positions, if any, as part of the income tax provision. The Company has no liability for uncertain tax positions. Financial Instruments ASC 820, “Fair Value Measurements” and ASC 825, Financial Instruments, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument categorized within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value: Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. Assets and liabilities measured at fair value on a recurring basis were presented on the Company’s consolidated balance sheet as of September 30, 2021, and 2020 as follows: Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis Description Fair Value Measurements at September 30, 2021, Using Fair Total Level 1 Level 2 Level 3 Derivative liability $ 16,508,750 $ - $ - $ 16,508,750 Total $ 16,508,750 $ - $ - $ 16,508,750 Description Fair Value Measurements at September 30, 2020, Using Fair Total Level 1 Level 2 Level 3 Derivative liability $ 991,322 $ - $ - $ 991,322 Total $ 991,322 $ - $ - $ 991,322 The carrying values of all of our other financial instruments, which include accounts payable and accrued liabilities, and amounts due to related parties approximate their current fair values because of their nature and respective maturity dates or durations. Advertising Expenses Advertising expenses are included in general and administrative expenses in the consolidated Statements of Operations and are expensed as incurred. The Company incurred $ 158,715 1,514 Revenue Recognition Revenue is recognized in accordance with ASC 606. The Company performs the following five steps: (i) identify the contract(s) with a customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract, and (v) recognize revenue when (or as) the entity satisfies a performance obligation. The Company applies the five-step model to arrangements that meet the definition of a contract under Topic 606, including when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. At contract inception, once the contract is determined to be within the scope of Topic 606, the Company evaluates the goods or services promised within each contract-related performance obligation and assesses whether each promised good or service is distinct. The Company recognizes as revenue, the amount of the transaction price that is allocated to the respective performance obligation when (or as) the performance obligation is satisfied. Revenues primarily include revenues from microtransactions. Microtransaction revenues are derived from the sale of virtual goods to the Company’s players. Proceeds from the sales of virtual goods directly are recognized as revenues when a player uses the virtual goods. Recent Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842), which amends the existing accounting standards for leases. The new standard requires lessees to record a right-of-use (“ROU”) asset and a corresponding lease liability on the balance sheet (with the exception of short-term leases). This new standard is effective for annual reporting periods beginning after December 15, 2018, and interim reporting periods within those annual reporting periods, with early adoption permitted. We adopted this new standard effective January 1, 2019. The adoption did not have any effect on the Company as it does not have any leases. The Company has implemented all other new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the consolidated financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations. |
Other Assets
Other Assets | Jan. 12, 2020 | Sep. 30, 2021 |
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] | ||
Other Assets | 3. Other Assets Furniture and fixtures consisted of the following: Schedule of Property and Equipment December 31, 2020 2019 Computers $ 20,333 $ 14,998 Accumulated Depreciation (14,458 ) (9,818 ) $ 5,875 $ 5,180 Depreciation expense for the years ended December 31, 2020 and 2019 was $ 4,640 5,416 On February 17, 2016, the Company acquired Good Gaming’s assets including intellectual property, trademarks, software code, equipment and other from CMG Holdings Group, Inc. The Company valued the software purchased at $ 1,200,000 5 th 1.25 0 450,000 Schedule of Intangible Assets 2020 2019 December 31, 2020 2019 Software $ 1,200,000 $ 1,200,000 Accumulated Amortization (1,200,000 ) (1,200,000 ) Total $ - $ - | 3. Other Assets Property and Equipment consisted of the following: Schedule of Property and Equipment 2021 2020 September 30, 2021 2020 Computers and servers $ 20,333 $ 18,781 Accumulated Depreciation (16,077 ) (12,366 ) Property and equipment, net $ 4,256 $ 6,415 Depreciation expense for the three months ended September 30, 2021, and 2020 was $ 540 4,100 |
Digital Assets
Digital Assets | 9 Months Ended |
Sep. 30, 2021 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Digital Assets | 4. Digital Assets In 2021, the Company has been working to create a new game called MicroBuddies™ that will be played online and will use blockchain technology. Digital Asset prices have been volatile in the past and may continue to be so in the future, owing to a variety of risks and uncertainties. Under current accounting rules, digital assets are considered indefinite-lived intangible assets. The Company needs to recognize impairment charges if any decrease in their fair values, whereas the Company may not make any upward revisions for market price increases until a sale. Thus, the carrying value represents the lowest fair value of the digital assets. As of September 30, 2021, the carrying value of the Company’s digital assets was $ 323,207 0 |
Debt
Debt | Jan. 12, 2020 | Sep. 30, 2021 |
Debt Disclosure [Abstract] | ||
Debt | 4. Debt Convertible Debentures On April 15, 2015, the Company issued a convertible debenture with the principal amount of $ 100,000 50,000 50,000 October 16, 2016 22% It was convertible into shares of common stock any time after the maturity date at a conversion rate of 50% 107,238 25% 6,978 1,655,594 5,833 2,645,449 11,822 2,775,076 25,239 2,911,055 40,126 3,053,696 17,240 The Company entered into a line of credit agreement (“Line Of Credit”) with ViaOne on September 27, 2018 (the “Effective Date”). This Line of Credit dated as of, was entered into by and between the Company and ViaOne. The Company had an immediate need for additional capital and asked ViaOne to make a new loan(s) in an initial amount of $ 25,000 250,000 | 5. Debt Convertible Debentures On April 15, 2015, the Company issued a convertible debenture with the principal amount of $ 100,000 50,000 50,000 October 16, 2016 22 It was convertible into shares of common stock any time after the maturity date at a conversion rate of 50 107,238 25 6,978 1,655,594 5,833 2,645,449 11,822 2,775,076 25,239 2,911,055 40,126 3,053,696 17,240 1,257,476 On September 30, 2021, the Company and ViaOne Services, LLC entered into a revolving convertible promissory note (the “Revolving Note”). The Company agrees to pay ViaOne the principal sum of $ 1,000,000 8 85 On September 30, 2021, the Company entered into a new Employee Services Agreement with ViaOne effective as of September 1, 2021 (the “Effective Date”). For a monthly management fee of $ 42,000 0.001 125 85 |
Derivative Liabilities
Derivative Liabilities | Jan. 12, 2020 | Sep. 30, 2021 |
Derivative Liabilities | ||
Derivative Liabilities | 5. Derivative Liabilities The following inputs and assumptions were used to value the convertible debentures outstanding during the years ended December 31, 2020 and December 31, 2019: The projected annual volatility for each valuation period was based on the historic volatility of the Company of 268.8% 194% 0.08% 1.48% one 0% A summary of the activity of the derivative liability is shown below: Schedule of Derivative Liability Balance, December 31, 2018 $ 574,797 Change in value 202,321 Balance, December 31, 2019 777,118 Change in value 526,338 Balance, December 31, 2020 $ 1,303,456 | 6. Derivative Liabilities The following inputs and assumptions were used to value the convertible debentures outstanding during the years ended September 30, 2021, and September 30, 2020: The projected annual volatility for each valuation period was based on the historic volatility of the Company of 245.6 269.5 .07 0.08 nine months 0 A summary of the activity of the derivative liability is shown below: Schedule of Derivative Liability Balance, September 30, 2019 $ 659,381 Change in value 331,941 Balance, September 30, 2020 991,322 Change in value 15,517,428 Balance, September 30, 2021 16,508,750 |
Common Stock
Common Stock | Jan. 12, 2020 | Sep. 30, 2021 |
Equity [Abstract] | ||
Common Stock | 6. Common Stock Equity Transactions for the Year Ended December 31, 2019: On January 2, 2019, Lincoln Acquisition converted 200 3,750,000 On January 10, 2019, RedDiamond converted 6 520,833 Equity Transactions for the Year Ended December 31, 2020: On August 17, 2020, HGT converted $ 5,833 2,645,449 On September 09, 2020, HGT converted $ 11,822 2,775,076 On November 11, 2020, HGT converted $ 25,239 2,911,055 On December 18, 2020, HGT converted $ 40,126 3,053,696 | 7. Common Stock Share Transactions for the Quarter Ended September 30, 2020: On August 17, 2020, HGT converted $ 5,833 2,645,449 On September 09, 2020, HGT converted $ 11,822 2,775,076 Share Transactions for the Quarter Ended September 30, 2021: On July 21, 2021, William Schultz converted 2,500 500,000 On August 24, 2021, the Company issued 1,000,000 On August 24, 2021, the Company issued 1,000,000 On August 24, 2021, the Company issued 500,000 On August 24, 2021, the Company issued 500,000 On August 24, 2021, the Company issued 500,000 On August 24, 2021, the Company issued 300,000 On August 24, 2021, the Company issued 200,000 On August 24, 2021, the Company issued 150,000 On August 24, 2021, the Company issued 50,000 On August 24, 2021, the Company issued 50,000 On August 24, 2021, the Company issued 400,000 On August 24, 2021, the Company issued 100,000 On August 24, 2021, the Company issued 25,000 On August 24, 2021, the Company issued 50,000 On August 24, 2021, the Company issued 10,000 On August 24, 2021, the Company issued 10,000 On August 24, 2021, the Company issued 100,000 On September 03, 2021, the Company issued 8,000 On September 03, 2021, the Company issued 105,000 On September 03, 2021, the Company issued 10,000 |
Preferred Stock
Preferred Stock | Jan. 12, 2020 | Sep. 30, 2021 |
Equity [Abstract] | ||
Preferred Stock | 7. Preferred Stock Our Articles of Incorporation authorize us to issue up to 2,250,350 0.001 2,250,000 249,999 0.001 2,000,000 0.001 1 0.001 As of December 31, 2020, we had 7,500 68,997 1 0 The 7,500 20 68,997 200 If all of our Series A Preferred Stock and Series B Preferred Stock are converted into shares of common stock, the number of issued and outstanding shares of our common stock will increase by 13,949,400 shares. The 1 issued and outstanding shares of Series C Preferred Stock has voting rights equivalent to 51% The Series D Preferred Stock can be convertible into shares of common stock at the lower of the Fixed Conversion Price ($.06 per share) or at the VWAP which shall be defined as the average of the five (5) lowest closing prices during the 20 days prior to conversion. We did not have any share of Series D preferred stock issued and outstanding as of December 30, 2020. The Series A, Series B, Series C and Series D have a liquidation preference to the common shareholders. | 8. Preferred Stock Our Articles of Incorporation authorize us to issue up to 2,250,350 0.001 2,250,000 2,000,000 0.001 249,999 0.001 1 0.001 350 0.001 As of September 30, 2021, we had 7,500 18,616 1 0 The 7,500 20 18,616 200 If all of our Series A Preferred Stock and Series B Preferred Stock are converted into shares of common stock, the number of issued and outstanding shares of our common stock will increase by 3,873,201 shares. The 1 issued and outstanding shares of Series C Preferred Stock have voting rights equivalent to 51% The 0 issued and outstanding shares of Series D Preferred Stock were convertible into shares of common stock at the lower of the Fixed Conversion Price ($.06 per share) or at the VWAP which shall be defined as the average of the five (5) lowest closing prices during the 20 days prior to conversion. The holders of Series A, Series B, Series C, and Series D have a liquidation preference to the common shareholders. |
Warrant
Warrant | Jan. 12, 2020 | Sep. 30, 2021 |
Warrant | ||
Warrant | 8. Warrant In connection with the $ 100,000 100,000 1.00 April 15, 2020 | 9. Warrant In connection with the $ 100,000 100,000 1.00 April 15, 2020 On September 30, 2021, the Company and ViaOne entered into a revolving convertible promissory note (the “Revolving Note”). The Company agrees to pay ViaOne the principal sum of $ 1,000,000 8 1,000,000 0.42 |
Related Party Transactions
Related Party Transactions | Jan. 12, 2020 | Sep. 30, 2021 |
Related Party Transactions [Abstract] | ||
Related Party Transactions | 9. Related Party Transactions On or around April 7, 2016, Silver Linings Management, LLC funded the Company $ 13,440 10% April 1, 2018 On November 30, 2016, ViaOne purchased a Secured Promissory Note equal to a maximum initial principal amount of $ 150,000 225,000 363,000 On May 5, 2017, ViaOne delivered a default notice to the Company pursuant to Section 6 of the Note Purchase Agreement but has subsequently extended the due date and has increased the funding up to One Million ($ 1,000,000 The Secured Promissory Note as amended increased from time to time due to additional advances provided to the Company by ViaOne. On September 1, 2017, the Company executed an amended Employee Services Agreement with ViaOne which stipulated that ViaOne would continue providing to the Company services relating to the Company’s human resources, marketing, advertising, accounting and financing for a monthly management fee of $ 25,000 100,000 125% 0.05 On September 27, 2018, the Company and ViaOne, entered into a Line of Credit Agreement (the “LOC Agreement”), pursuant to which the Company issued a secured promissory note with the initial principal amount of $ 25,000 25,000 250,000 September 30, 2019 8.0% 18.0% 250,000 As of December 31, 2020, the total amount owed to ViaOne was $ 2,146,467 The Company’s Chairman and Chief Executive Officer is the Chairman of ViaOne. The prepaid expenses are an insurance policy purchased from a related Company. | 10. Related Party Transactions On or around April 7, 2016, Silver Linings Management, LLC funded the Company $ 13,440 10 April 1, 2018 On November 30, 2016, ViaOne purchased a Secured Promissory Note equal to a maximum initial principal amount of $ 150,000 225,000 363,000 On May 5, 2017, ViaOne delivered a default notice to the Company pursuant to Section 6 of the Note Purchase Agreement but has subsequently extended the due date and has increased the funding up to One Million ($ 1,000,000 The Secured Promissory Note as amended increased from time to time due to additional advances provided to the Company by ViaOne. On September 1, 2017, the Company executed an amended Employee Services Agreement with ViaOne which stipulated that ViaOne would continue providing to the Company services relating to the Company’s human resources, marketing, advertising, accounting, and financing for a monthly management fee of $ 25,000 100,000 125 0.05 On September 27, 2018, the Company and ViaOne entered into a Line of Credit Agreement (the “LOC Agreement”), pursuant to which the Company issued a secured promissory note with the initial principal amount of $ 25,000 25,000 250,000 September 30, 2019 8.0 18.0 250,000 On September 30, 2021, the Company entered into a new Employee Services Agreement with ViaOne effective as of September 1, 2021 (the “Effective Date”). For a monthly management fee of $ 42,000 0.001 125 85 On September 30, 2021, the Company and ViaOne entered into a revolving convertible promissory note (the “Revolving Note”). The Company agrees to pay ViaOne the principal sum of $ 1,000,000 8 1,000,000 0.42 85 As of September 30, 2021, the total amount the Company owed to ViaOne Services was $ 2,682,337 The Company’s Chairman and Chief Executive Officer is the Chairman of ViaOne. |
Income Taxes
Income Taxes | Jan. 12, 2020 | Sep. 30, 2021 |
Income Tax Disclosure [Abstract] | ||
Income Taxes | 10. Income Taxes The Company has a net operating loss carried forward of approximately $ 4,223,000 2030 The U.S. Tax Reform Act amends the Internal Revenue Code to reduce tax rates and modify policies, credits, and deductions for individuals and business. For businesses, the Act reduces the corporate tax rate from a maximum of 35% to a flat 21% 80,329 The significant components of deferred income tax assets and liabilities at December 31, 2020 and 2019 are as follows: Schedule of Deferred Tax Assets and Liabilities 2020 2019 Net Operating Loss Carryforward $ 886,761 $ 693,925, Valuation allowance (886,761 ) $ (693,925 ) Net Deferred Tax Asset $ - $ - The income tax benefit has been computed by applying the weighted average income tax rates of Canada (federal and provincial statutory rates) and of the United States (federal and state rates) of 21% to a net loss before income taxes calculated for each jurisdiction. The tax effects of significant temporary differences, which comprise future tax assets and liabilities, are as follows: Schedule of Components of Income Tax Expense 2020 2019 Income tax recovery at statutory rate $ 202,836 $ 237,461 Valuation allowance change (202,836 ) $ (237,461 ) Provision for income taxes $ - $ - | 11. Income Taxes The Company has a net operating loss carried forward of $ 12,789,652 2030 The significant components of deferred income tax assets and liabilities on September 30, 2021, and 2020 are as follows: Schedule of Deferred Tax Assets and Liabilities 2021 2020 Net Operating Loss Carryforward $ 2,685,827 $ 799,762 Valuation allowance (2,685,827 ) $ (799,762 ) Net Deferred Tax Asset $ - $ - The income tax benefit has been computed by applying the weighted average income tax rates of the United States (federal and state rates) of 21 Schedule of Components of Income Tax Expense 2021 2020 Income tax recovery at the statutory rate $ (1,103,684 ) $ (115,837 ) Valuation allowance change 1,103,684 $ 115,837 Provision for income taxes $ - $ - |
Commitments and Contingencies
Commitments and Contingencies | Jan. 12, 2020 | Sep. 30, 2021 |
Commitments and Contingencies Disclosure [Abstract] | ||
Commitments and Contingencies | 11. Commitments and Contingencies None. | 11. Commitments and Contingencies None. |
Subsequent Events
Subsequent Events | Jan. 12, 2020 | Sep. 30, 2021 |
Subsequent Events [Abstract] | ||
Subsequent Events | 13. Subsequent Events On March 8, 2021, Lincoln Acquisition converted 18,000 3,600,000 | 12. Subsequent Events The Company evaluates subsequent events and transactions that occur after the balance sheet date up to the date that the financial statements are available to be issued. Any material events that occur between the balance sheet date and the date that the financial statements were available for issuance are disclosed as subsequent events, while the financial statements are adjusted to reflect any conditions that existed at the balance sheet date. Based upon this review, except as disclosed within the footnotes or as discussed below, the Company did not identify any recognized or non-recognized subsequent events that would have required adjustment or disclosure in the financial statements. On November 12, 2021 Good Gaming, Inc. (OTCQB: GMER) announced that it has entered into a securities purchase agreement with several institutional and accredited investors for the purchase of 20,733,337 20,733,337 0.15 0.20 3.1 |
Acquisition and Discontinued Op
Acquisition and Discontinued Operations | Jan. 12, 2020 |
Business Combination and Asset Acquisition [Abstract] | |
Acquisition and Discontinued Operations | 12. Acquisition and Discontinued Operations None. |
Summary of Significant Accoun_2
Summary of Significant Accounting Policies (Policies) | Jan. 12, 2020 | Sep. 30, 2021 |
Accounting Policies [Abstract] | ||
Basis of Presentation | Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with the U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by the U.S. generally accepted accounting principles for complete consolidated financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. | |
Use of Estimates | Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the fair values of convertible debentures, derivative liability, stock-based compensation, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. Certain reclassifications have been made to prior-year amounts to conform to the current period presentation. | Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the fair values of convertible debentures, derivative liability, stock-based compensation, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience, and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. Certain reclassifications have been made to prior-year amounts to conform to the current period presentation. |
Cash Equivalents | Cash Equivalents The Company considers all highly liquid instruments with maturities of three months or less at the time of issuance to be cash equivalents. Amounts receivable from credit card processors are also considered cash equivalents because they are both short-term and highly liquid in nature. | Cash Equivalents The Company considers all highly liquid instruments with maturities of three months or less at the time of issuance to be cash equivalents. Amounts receivable from credit card processors are also considered cash equivalents because they are both short-term and highly liquid in nature. |
Intangible Assets | Intangible Assets Intangible assets are carried at the purchased cost less accumulated amortization. Amortization is computed over the estimated useful lives of the respective assets, generally five years | Intangible Assets Intangible assets are carried at the purchased cost less accumulated amortization. Amortization is computed over the estimated useful lives of the respective assets, generally five years |
Impairment of Long-Lived Assets | Impairment of Long-Lived Assets Long-lived assets and certain identifiable intangible assets to be held and used are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Determination of recoverability is based on an estimate of undiscounted future cash flows resulting from the use of the asset and its eventual disposition. Measurement of an impairment loss for long-lived assets and certain identifiable intangible assets that management expects to hold and use is based on the fair value of the asset. Long-lived assets and certain identifiable intangible assets to be disposed of are reported at the lower of carrying amount or fair value less costs to sell. | Impairment of Long-Lived Assets Long-lived assets and certain identifiable intangible assets to be held and used are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Determination of recoverability is based on an estimate of undiscounted future cash flows resulting from the use of the asset and its eventual disposition. Measurement of an impairment loss for long-lived assets and certain identifiable intangible assets that management expects to hold and use is based on the fair value of the asset. Long-lived assets and certain identifiable intangible assets to be disposed of are reported at the lower of carrying amount or fair value less costs to sell. |
Derivative Liability | Derivative Liability From time to time, the Company may issue equity instruments that may contain an embedded derivative instrument which may result in a derivative liability. A derivative liability exists on the date the equity instrument is issued when there is a contingent exercise provision. The derivative liability is recorded at its fair value calculated by using an option pricing model. The fair value of the derivative liability is then calculated on each balance sheet date with the corresponding gains and losses recorded in the statement of operations. | Derivative Liability From time to time, the Company may issue equity instruments that may contain an embedded derivative instrument which may result in derivative liability. A derivative liability exists on the date the equity instrument is issued when there is a contingent exercise provision. The derivative liability is recorded at its fair value calculated by using an option pricing model. The fair value of the derivative liability is then calculated on each balance sheet date with the corresponding gains and losses recorded in the statement of operations. |
Basic and Diluted Net Loss Per Share | Basic and Diluted Net Loss Per Share The Company computes net loss per share in accordance with ASC 260, Earnings Per Share, which requires presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. On December 31, 2020 and December 31, 2019, the Company had 10,000,000 10,000,000 | Basic and Diluted Net Loss Per Share The Company computes net loss per share in accordance with ASC 260, Earnings Per Share, which requires the presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. On September 30, 2021, and December 31, 2020, the Company had 10,000,000 10,000,000 |
Income Taxes | Income Taxes Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. Pursuant to ASC 740, the Company is required to compute tax asset benefits for net operating losses carried forward. The potential benefits of net operating losses have not been recognized in these consolidated financial statements because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years. Unrecognized tax positions, if ever recognized in the consolidated financial statements, are recorded in the statement of operations as part of the income tax provision. Our policy is to recognize interest and penalties accrued on uncertain tax positions, if any, as part of the income tax provision. The Company has no liability for uncertain tax positions. Unrecognized tax positions, if ever recognized in the consolidated financial statements, are recorded in the statement of operations as part of the income tax provision. The Company’s policy is to recognize interest and penalties accrued on uncertain tax positions, if any, as part of the income tax provision. The Company has no liability for uncertain tax positions. On March 22, 2017, tax reform legislation known as the Tax Cuts and Jobs Act (the “U.S. Tax Reform Act”) was enacted in the United States. The U.S. Tax Reform Act, among other things, reduced the U.S. corporate income tax rate from 35% to 21% | Income Taxes Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. Pursuant to ASC 740, the Company is required to compute tax asset benefits for net operating losses carried forward. The potential benefits of net operating losses have not been recognized in these consolidated financial statements because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years. Unrecognized tax positions, if ever recognized in the consolidated financial statements, are recorded in the statement of operations as part of the income tax provision. Our policy is to recognize interest and penalties accrued on uncertain tax positions, if any, as part of the income tax provision. The Company has no liability for uncertain tax positions. Unrecognized tax positions, if ever recognized in the consolidated financial statements, are recorded in the statement of operations as part of the income tax provision. The Company’s policy is to recognize interest and penalties accrued on uncertain tax positions, if any, as part of the income tax provision. The Company has no liability for uncertain tax positions. |
Financial Instruments | Financial Instruments ASC 820, “Fair Value Measurements” and ASC 825, Financial Instruments, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument categorized within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value: Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. Assets and liabilities measured at fair value on a recurring basis were presented on the Company’s balance sheet as at December 31, 2020 and 2019 as follows: Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis Description Fair Value Measurements at December 31, 2020 Using Fair Value Hierarchy Total Level 1 Level 2 Level 3 Derivative liability $ 1,303,456 $ - $ - $ 1,303,456 Total $ 1,303,456 $ - $ - $ 1,303,456 Description Fair Value Measurements at December 31, 2019 Using Fair Value Hierarchy Total Level 1 Level 2 Level 3 Derivative liability $ 777,118 $ - $ - $ 777,118 Total $ 777,118 $ - $ - $ 777,118 The carrying values of all of our other financial instruments, which include accounts payable and accrued liabilities, and amounts due to related parties approximate their current fair values because of their nature and respective maturity dates or durations. | Financial Instruments ASC 820, “Fair Value Measurements” and ASC 825, Financial Instruments, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument categorized within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value: Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. Assets and liabilities measured at fair value on a recurring basis were presented on the Company’s consolidated balance sheet as of September 30, 2021, and 2020 as follows: Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis Description Fair Value Measurements at September 30, 2021, Using Fair Total Level 1 Level 2 Level 3 Derivative liability $ 16,508,750 $ - $ - $ 16,508,750 Total $ 16,508,750 $ - $ - $ 16,508,750 Description Fair Value Measurements at September 30, 2020, Using Fair Total Level 1 Level 2 Level 3 Derivative liability $ 991,322 $ - $ - $ 991,322 Total $ 991,322 $ - $ - $ 991,322 The carrying values of all of our other financial instruments, which include accounts payable and accrued liabilities, and amounts due to related parties approximate their current fair values because of their nature and respective maturity dates or durations. |
Advertising Expenses | Advertising Expenses Advertising expenses are included in general and administrative expenses in the Statements of Operations and are expensed as incurred. The Company incurred $ 3,447 14,080 | Advertising Expenses Advertising expenses are included in general and administrative expenses in the consolidated Statements of Operations and are expensed as incurred. The Company incurred $ 158,715 1,514 |
Revenue Recognition | Revenue Recognition Revenue is recognized in accordance with ASC 606. The Company performs the following five steps: (i) identify the contract(s) with a customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract, and (v) recognize revenue when (or as) the entity satisfies a performance obligation. The Company applies the five-step model to arrangements that meet the definition of a contract under Topic 606, including when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. At contract inception, once the contract is determined to be within the scope of Topic 606, the Company evaluates the goods or services promised within each contract related performance obligation and assesses whether each promised good or service is distinct. The Company recognizes as revenue, the amount of the transaction price that is allocated to the respective performance obligation when (or as) the performance obligation is satisfied.. Revenues primarily include revenues from microtransactions. Microtransaction revenues are derived from the sale of virtual goods to the Company’s players. Proceeds from the sales of virtual goods directly are recognized as revenues when a player uses the virtual goods. | Revenue Recognition Revenue is recognized in accordance with ASC 606. The Company performs the following five steps: (i) identify the contract(s) with a customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract, and (v) recognize revenue when (or as) the entity satisfies a performance obligation. The Company applies the five-step model to arrangements that meet the definition of a contract under Topic 606, including when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. At contract inception, once the contract is determined to be within the scope of Topic 606, the Company evaluates the goods or services promised within each contract-related performance obligation and assesses whether each promised good or service is distinct. The Company recognizes as revenue, the amount of the transaction price that is allocated to the respective performance obligation when (or as) the performance obligation is satisfied. Revenues primarily include revenues from microtransactions. Microtransaction revenues are derived from the sale of virtual goods to the Company’s players. Proceeds from the sales of virtual goods directly are recognized as revenues when a player uses the virtual goods. |
Recent Accounting Pronouncements | Recent Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842), which amends the existing accounting standards for leases. The new standard requires lessees to record a right-of-use (“ROU”) asset and a corresponding lease liability on the balance sheet (with the exception of short-term leases). This new standard is effective for annual reporting periods beginning after December 15, 2018, and interim reporting periods within those annual reporting periods, with early adoption permitted. We adopted this new standard effective January 1, 2019. Adoption did not have any effect on the Company as it does not have any leases. The Company has implemented all other new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the consolidated financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations. | Recent Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842), which amends the existing accounting standards for leases. The new standard requires lessees to record a right-of-use (“ROU”) asset and a corresponding lease liability on the balance sheet (with the exception of short-term leases). This new standard is effective for annual reporting periods beginning after December 15, 2018, and interim reporting periods within those annual reporting periods, with early adoption permitted. We adopted this new standard effective January 1, 2019. The adoption did not have any effect on the Company as it does not have any leases. The Company has implemented all other new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the consolidated financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations. |
Beneficial Conversion Features | Beneficial Conversion Features From time to time, the Company may issue convertible notes that may contain an embedded beneficial conversion feature. A beneficial conversion feature exists on the date a convertible note is issued when the fair value of the underlying common stock to which the note is convertible into is in excess of the remaining unallocated proceeds of the note after first considering the allocation of a portion of the note proceeds to the fair value of the warrants, if related warrants have been granted. The intrinsic value of the beneficial conversion feature is recorded as a debt discount with a corresponding amount to additional paid in capital. The debt discount is amortized to interest expense over the life of the note using the effective interest method. |
Summary of Significant Accoun_3
Summary of Significant Accounting Policies (Tables) | Jan. 12, 2020 | Sep. 30, 2021 |
Accounting Policies [Abstract] | ||
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis | Assets and liabilities measured at fair value on a recurring basis were presented on the Company’s balance sheet as at December 31, 2020 and 2019 as follows: Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis Description Fair Value Measurements at December 31, 2020 Using Fair Value Hierarchy Total Level 1 Level 2 Level 3 Derivative liability $ 1,303,456 $ - $ - $ 1,303,456 Total $ 1,303,456 $ - $ - $ 1,303,456 Description Fair Value Measurements at December 31, 2019 Using Fair Value Hierarchy Total Level 1 Level 2 Level 3 Derivative liability $ 777,118 $ - $ - $ 777,118 Total $ 777,118 $ - $ - $ 777,118 | Assets and liabilities measured at fair value on a recurring basis were presented on the Company’s consolidated balance sheet as of September 30, 2021, and 2020 as follows: Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis Description Fair Value Measurements at September 30, 2021, Using Fair Total Level 1 Level 2 Level 3 Derivative liability $ 16,508,750 $ - $ - $ 16,508,750 Total $ 16,508,750 $ - $ - $ 16,508,750 Description Fair Value Measurements at September 30, 2020, Using Fair Total Level 1 Level 2 Level 3 Derivative liability $ 991,322 $ - $ - $ 991,322 Total $ 991,322 $ - $ - $ 991,322 |
Other Assets (Tables)
Other Assets (Tables) | Jan. 12, 2020 | Sep. 30, 2021 |
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] | ||
Schedule of Property and Equipment | Furniture and fixtures consisted of the following: Schedule of Property and Equipment December 31, 2020 2019 Computers $ 20,333 $ 14,998 Accumulated Depreciation (14,458 ) (9,818 ) $ 5,875 $ 5,180 | Property and Equipment consisted of the following: Schedule of Property and Equipment 2021 2020 September 30, 2021 2020 Computers and servers $ 20,333 $ 18,781 Accumulated Depreciation (16,077 ) (12,366 ) Property and equipment, net $ 4,256 $ 6,415 |
Schedule of Intangible Assets | Schedule of Intangible Assets 2020 2019 December 31, 2020 2019 Software $ 1,200,000 $ 1,200,000 Accumulated Amortization (1,200,000 ) (1,200,000 ) Total $ - $ - |
Derivative Liabilities (Tables)
Derivative Liabilities (Tables) | Jan. 12, 2020 | Sep. 30, 2021 |
Derivative Liabilities | ||
Schedule of Derivative Liability | A summary of the activity of the derivative liability is shown below: Schedule of Derivative Liability Balance, December 31, 2018 $ 574,797 Change in value 202,321 Balance, December 31, 2019 777,118 Change in value 526,338 Balance, December 31, 2020 $ 1,303,456 | A summary of the activity of the derivative liability is shown below: Schedule of Derivative Liability Balance, September 30, 2019 $ 659,381 Change in value 331,941 Balance, September 30, 2020 991,322 Change in value 15,517,428 Balance, September 30, 2021 16,508,750 |
Income Taxes (Tables)
Income Taxes (Tables) | Jan. 12, 2020 | Sep. 30, 2021 |
Income Tax Disclosure [Abstract] | ||
Schedule of Deferred Tax Assets and Liabilities | The significant components of deferred income tax assets and liabilities at December 31, 2020 and 2019 are as follows: Schedule of Deferred Tax Assets and Liabilities 2020 2019 Net Operating Loss Carryforward $ 886,761 $ 693,925, Valuation allowance (886,761 ) $ (693,925 ) Net Deferred Tax Asset $ - $ - | The significant components of deferred income tax assets and liabilities on September 30, 2021, and 2020 are as follows: Schedule of Deferred Tax Assets and Liabilities 2021 2020 Net Operating Loss Carryforward $ 2,685,827 $ 799,762 Valuation allowance (2,685,827 ) $ (799,762 ) Net Deferred Tax Asset $ - $ - |
Schedule of Components of Income Tax Expense | Schedule of Components of Income Tax Expense 2020 2019 Income tax recovery at statutory rate $ 202,836 $ 237,461 Valuation allowance change (202,836 ) $ (237,461 ) Provision for income taxes $ - $ - | Schedule of Components of Income Tax Expense 2021 2020 Income tax recovery at the statutory rate $ (1,103,684 ) $ (115,837 ) Valuation allowance change 1,103,684 $ 115,837 Provision for income taxes $ - $ - |
Nature of Operations and Cont_2
Nature of Operations and Continuance of Business (Details Narrative) - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended | |||
Sep. 30, 2021 | Sep. 30, 2020 | Sep. 30, 2021 | Sep. 30, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||||||
Revenue | $ 269,355 | $ 2,554 | $ 329,885 | $ 7,880 | $ 26,215 | $ 49,519 |
Working capital | 3,635,161 | |||||
Accumulated deficit | $ 23,613,570 | $ 23,613,570 | $ 7,977,367 | $ 7,011,482 |
Schedule of Assets and Liabilit
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) | Sep. 30, 2021 | Dec. 31, 2020 | Sep. 30, 2020 | Dec. 31, 2019 | Sep. 30, 2019 | Dec. 31, 2018 |
Defined Benefit Plan Disclosure [Line Items] | ||||||
Derivative liability | $ 16,508,750 | $ 1,303,456 | $ 991,322 | $ 777,118 | $ 659,381 | $ 574,797 |
Total | 16,508,750 | 1,303,456 | 991,322 | 777,118 | ||
Fair Value, Inputs, Level 1 [Member] | ||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||
Derivative liability | ||||||
Total | ||||||
Fair Value, Inputs, Level 2 [Member] | ||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||
Derivative liability | ||||||
Total | ||||||
Fair Value, Inputs, Level 3 [Member] | ||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||
Derivative liability | 16,508,750 | 1,303,456 | 991,322 | 777,118 | ||
Total | $ 16,508,750 | $ 1,303,456 | $ 991,322 | $ 777,118 |
Summary of Significant Accoun_4
Summary of Significant Accounting Policies (Details Narrative) - USD ($) | Feb. 17, 2016 | Dec. 31, 2018 | Sep. 30, 2021 | Sep. 30, 2020 | Dec. 31, 2020 | Dec. 31, 2019 |
Operating Loss Carryforwards [Line Items] | ||||||
Estimated useful lives | 5 years | 1 year 3 months | 5 years | 5 years | ||
Earnings per share, potentially dilutive securities | 10,000,000 | 10,000,000 | 10,000,000 | |||
Advertising and promotion expenses | $ 158,715 | $ 1,514 | $ 3,447 | $ 14,080 | ||
Corporate income tax rate | 21.00% | 21.00% | ||||
U S Tax Reform Act [Member] | ||||||
Operating Loss Carryforwards [Line Items] | ||||||
Income tax description | On March 22, 2017, tax reform legislation known as the Tax Cuts and Jobs Act (the “U.S. Tax Reform Act”) was enacted in the United States. The U.S. Tax Reform Act, among other things, reduced the U.S. corporate income tax rate from 35% to 21% beginning in 2018. |
Schedule of Property and Equipm
Schedule of Property and Equipment (Details) - USD ($) | Sep. 30, 2021 | Dec. 31, 2020 | Sep. 30, 2020 | Dec. 31, 2019 |
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] | ||||
Computers and servers | $ 20,333 | $ 20,333 | $ 18,781 | $ 14,998 |
Accumulated Depreciation | (16,077) | (14,458) | (12,366) | (9,818) |
Property and equipment, net | $ 4,256 | $ 5,875 | $ 6,415 | $ 5,180 |
Other Assets (Details Narrative
Other Assets (Details Narrative) - USD ($) | Feb. 17, 2016 | Sep. 30, 2021 | Sep. 30, 2020 | Dec. 31, 2018 | Sep. 30, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] | |||||||
Depreciation expenses | $ 540 | $ 4,100 | $ 4,640 | $ 5,416 | |||
Software purchased payament | $ 1,200,000 | ||||||
Finite-Lived Intangible Asset, Useful Life | 5 years | 1 year 3 months | 5 years | 5 years | |||
Amortization | $ 0 | $ 450,000 |
Digital Assets (Details Narrati
Digital Assets (Details Narrative) | 9 Months Ended |
Sep. 30, 2021USD ($) | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Carrying value of digital assets | $ 323,207 |
Impairment of Intangible assets | $ 0 |
Debt (Details Narrative)
Debt (Details Narrative) - USD ($) | Jun. 25, 2021 | Dec. 18, 2020 | Nov. 11, 2020 | Sep. 09, 2020 | Aug. 17, 2020 | Nov. 29, 2018 | Sep. 27, 2018 | Sep. 21, 2018 | Sep. 01, 2017 | Jun. 30, 2015 | Apr. 15, 2015 | Jun. 30, 2015 | Sep. 30, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2017 | May 05, 2017 | Mar. 01, 2017 | Jan. 31, 2017 | Nov. 30, 2016 |
Short-term Debt [Line Items] | ||||||||||||||||||||
Debt conversion, converted instrument, amount | $ 83,020 | |||||||||||||||||||
Remaining note balance | $ 0 | $ 17,240 | $ 100,260 | |||||||||||||||||
New Loan [Member] | ||||||||||||||||||||
Short-term Debt [Line Items] | ||||||||||||||||||||
Initial amount of loan | $ 25,000 | |||||||||||||||||||
Additional loan amount | $ 250,000 | |||||||||||||||||||
ViaOne Services LLC [Member] | ||||||||||||||||||||
Short-term Debt [Line Items] | ||||||||||||||||||||
Debt instrument, face amount | $ 1,000,000 | $ 363,000 | $ 225,000 | $ 150,000 | ||||||||||||||||
Debt instrument, convertible, conversion ratio | 85.00% | |||||||||||||||||||
Management fees | $ 25,000 | $ 42,000 | ||||||||||||||||||
Conversion price | $ 0.001 | $ 0.05 | ||||||||||||||||||
Debt conversion ratio | 1.25 | |||||||||||||||||||
HGT Capital, LLC [Member] | ||||||||||||||||||||
Short-term Debt [Line Items] | ||||||||||||||||||||
Debt conversion, converted instrument, amount | $ 40,126 | $ 25,239 | $ 11,822 | $ 5,833 | ||||||||||||||||
Debt conversion, converted instrument, shares | 1,257,476 | 3,053,696 | 2,911,055 | 2,775,076 | 2,645,449 | |||||||||||||||
Remaining note balance | $ 17,240 | |||||||||||||||||||
Convertible Debt [Member] | HGT Capital, LLC [Member] | ||||||||||||||||||||
Short-term Debt [Line Items] | ||||||||||||||||||||
Debt instrument, face amount | $ 100,000 | |||||||||||||||||||
Periodic payment received | $ 50,000 | $ 50,000 | ||||||||||||||||||
Repayment of convertible debt | $ 50,000 | $ 50,000 | ||||||||||||||||||
Due date | Oct. 16, 2016 | |||||||||||||||||||
Debt instrument interest rate | 22.00% | |||||||||||||||||||
Debt conversion description | It was convertible into shares of common stock any time after the maturity date at a conversion rate of 50% of the average of the five lowest closing bid prices of the Company’s common stock for the thirty trading days ending one trading day prior to the date the conversion notice was sent by the holder to the Company. | |||||||||||||||||||
Debt instrument, convertible, conversion ratio | 50.00% | |||||||||||||||||||
Debt conversion, converted instrument, amount | $ 6,978 | |||||||||||||||||||
Debt conversion, converted instrument, shares | 1,655,594 | |||||||||||||||||||
Debt conversion description | It was convertible into shares of common stock any time after the maturity date at a conversion rate of 50% of the average of the five lowest closing bid prices of the Company’s common stock for the thirty trading days ending one trading day prior to the date the conversion notice was sent by the holder to the Company. | |||||||||||||||||||
Convertible Promissory Note [Member] | HGT Capital, LLC [Member] | ||||||||||||||||||||
Short-term Debt [Line Items] | ||||||||||||||||||||
Debt instrument, face amount | $ 107,238 | |||||||||||||||||||
Debt instrument, convertible, conversion ratio | 25.00% | |||||||||||||||||||
Convertible Notes Payable [Member] | ViaOne Services LLC [Member] | ||||||||||||||||||||
Short-term Debt [Line Items] | ||||||||||||||||||||
Repayment of convertible debt | $ 1,000,000 | |||||||||||||||||||
Debt instrument interest rate | 8.00% | |||||||||||||||||||
Debt instrument, convertible, conversion ratio | 85.00% |
Schedule of Derivative Liabilit
Schedule of Derivative Liability (Details) - USD ($) | 12 Months Ended | |||
Sep. 30, 2021 | Dec. 31, 2020 | Sep. 30, 2020 | Dec. 31, 2019 | |
Derivative Liabilities | ||||
Derivative Liability, Beginning | $ 991,322 | $ 777,118 | $ 659,381 | $ 574,797 |
Change in value | 15,517,428 | 526,338 | 331,941 | 202,321 |
Derivative Liability, Ending | $ 16,508,750 | $ 1,303,456 | $ 991,322 | $ 777,118 |
Derivative Liabilities (Details
Derivative Liabilities (Details Narrative) | 9 Months Ended | 12 Months Ended | ||
Sep. 30, 2021 | Sep. 30, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Measurement Input, Price Volatility [Member] | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Fair value assumptions, percentage | 2.456 | 2.695 | 268.08 | 194 |
Measurement Input, Risk Free Interest Rate [Member] | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Fair value assumptions, percentage | 0.0007 | 0.0008 | 0.08 | 1.48 |
Measurement Input, Expected Term [Member] | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Fair value assumptions, expected term | 9 months | 9 months | 1 year | 1 year |
Measurement Input, Expected Dividend Rate [Member] | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Fair value assumptions, percentage | 0 | 0 | 0 | 0 |
Common Stock (Details Narrative
Common Stock (Details Narrative) - USD ($) | Sep. 03, 2021 | Aug. 24, 2021 | Jul. 21, 2021 | Jun. 25, 2021 | Dec. 18, 2020 | Nov. 11, 2020 | Sep. 09, 2020 | Aug. 17, 2020 | Jan. 10, 2019 | Jan. 02, 2019 | Dec. 31, 2020 | Dec. 31, 2019 |
Class of Stock [Line Items] | ||||||||||||
Debt conversion, converted instrument, amount | $ 83,020 | |||||||||||
David B Dorwart [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for accrued compensation | 1,000,000 | |||||||||||
Eric Brown [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for accrued compensation | 1,000,000 | |||||||||||
Jordan Axt [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for accrued compensation | 500,000 | |||||||||||
Domenic Edward Fontana [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for accrued compensation | 500,000 | |||||||||||
John D Hilzendager [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for accrued compensation | 500,000 | |||||||||||
Alexandra M Dorwart [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for accrued compensation | 300,000 | |||||||||||
Marjorie Greenhalgh Dorwart [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for accrued compensation | 200,000 | |||||||||||
Frances Lynn Martin [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for accrued compensation | 150,000 | |||||||||||
Kaitlyn Kazanjian [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for stock based compensation | 50,000 | |||||||||||
Elizabeth Van Fossen [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for stock based compensation | 50,000 | |||||||||||
Douglas Wathen [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for stock based compensation | 400,000 | |||||||||||
Tim Bergman [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for stock based compensation | 100,000 | |||||||||||
Samuel Joseph Schwieters [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for stock based compensation | 25,000 | |||||||||||
Robert Welch [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for stock based compensation | 50,000 | |||||||||||
Nuno Neto [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for stock based compensation | 10,000 | |||||||||||
Maria Iriarte Uriarte [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for stock based compensation | 10,000 | |||||||||||
Infinity Global Consulting Group Inc [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for stock based compensation | 100,000 | |||||||||||
Netleon Technologies Private Limited [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for stock based compensation | 8,000 | |||||||||||
Whole Plant Systems LLC [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for stock based compensation | 105,000 | |||||||||||
J Ramsdell Consulting [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares issued for stock based compensation | 10,000 | |||||||||||
HGT Capital, LLC [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Debt conversion, converted instrument, amount | $ 40,126 | $ 25,239 | $ 11,822 | $ 5,833 | ||||||||
Debt conversion, converted instrument, shares | 1,257,476 | 3,053,696 | 2,911,055 | 2,775,076 | 2,645,449 | |||||||
William Schultz [Member] | Series B Preferred Stock [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares converted into stock | 2,500 | |||||||||||
Number of common shares issued for share conversion | 500,000 | |||||||||||
Lincoln Acquisition Corporation [Member] | Series B Preferred Stock [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares converted into stock | 200 | |||||||||||
Number of common shares issued for share conversion | 3,750,000 | |||||||||||
Red Diamond Partners Inc [Member] | Series D Preferred Stock [Member] | ||||||||||||
Class of Stock [Line Items] | ||||||||||||
Shares converted into stock | 6 | |||||||||||
Number of common shares issued for share conversion | 520,833 |
Preferred Stock (Details Narrat
Preferred Stock (Details Narrative) - $ / shares | 9 Months Ended | 12 Months Ended | |
Sep. 30, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Class of Stock [Line Items] | |||
Preferred stock, par value | $ 0.001 | $ 0.001 | |
Preferred stock, shares authorized | 2,250,000 | 2,250,350 | |
Preferred stock conversion, description | If all of our Series A Preferred Stock and Series B Preferred Stock are converted into shares of common stock, the number of issued and outstanding shares of our common stock will increase by 3,873,201 shares. | If all of our Series A Preferred Stock and Series B Preferred Stock are converted into shares of common stock, the number of issued and outstanding shares of our common stock will increase by 13,949,400 shares. | |
Series A Preferred Stock [Member] | |||
Class of Stock [Line Items] | |||
Preferred stock, par value | $ 0.001 | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 2,000,000 | 2,000,000 | 2,000,000 |
Preferred stock, issued | 7,500 | 7,500 | 7,500 |
Preferred stock, outstanding | 7,500 | 7,500 | 7,500 |
Conversion of preferred stock into common stock | 20 | 20 | |
Series B Preferred Stock [Member] | |||
Class of Stock [Line Items] | |||
Preferred stock, par value | $ 0.001 | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 249,999 | 249,999 | 249,999 |
Preferred stock, issued | 18,616 | 68,997 | 68,997 |
Preferred stock, outstanding | 18,616 | 68,997 | 68,997 |
Conversion of preferred stock into common stock | 200 | 200 | |
Series C Preferred Stock [Member] | |||
Class of Stock [Line Items] | |||
Preferred stock, par value | $ 0.001 | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 1 | 1 | 1 |
Preferred stock, issued | 1 | 1 | 1 |
Preferred stock, outstanding | 1 | 1 | 1 |
Preferred stock, voting rights | The 1 issued and outstanding shares of Series C Preferred Stock have voting rights equivalent to 51% | The 1 issued and outstanding shares of Series C Preferred Stock has voting rights equivalent to 51% | |
Series D Preferred Stock [Member] | |||
Class of Stock [Line Items] | |||
Preferred stock, par value | $ 0.001 | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 350 | 350 | 350 |
Preferred stock, issued | 0 | 0 | 0 |
Preferred stock, outstanding | 0 | 0 | 0 |
Preferred stock conversion, description | Series D Preferred Stock were convertible into shares of common stock at the lower of the Fixed Conversion Price ($.06 per share) or at the VWAP which shall be defined as the average of the five (5) lowest closing prices during the 20 days prior to conversion. | The Series D Preferred Stock can be convertible into shares of common stock at the lower of the Fixed Conversion Price ($.06 per share) or at the VWAP which shall be defined as the average of the five (5) lowest closing prices during the 20 days prior to conversion. We did not have any share of Series D preferred stock issued and outstanding as of December 30, 2020. | |
Maximum [Member] | |||
Class of Stock [Line Items] | |||
Preferred stock, authorized | 2,250,350 | 2,250,000 |
Warrant (Details Narrative)
Warrant (Details Narrative) - USD ($) | 9 Months Ended | |
Sep. 30, 2021 | Dec. 31, 2020 | |
Short-term Debt [Line Items] | ||
Convertible debt | $ 100,000 | $ 100,000 |
Warrants issued to purchase common stock | 100,000 | 100,000 |
Exercise price of warrants | $ 1 | $ 1 |
Warrant expiration date | Apr. 15, 2020 | Apr. 15, 2020 |
ViaOne Services LLC [Member] | ||
Short-term Debt [Line Items] | ||
Warrants issued to purchase common stock | 1,000,000 | |
Convertible Notes Payable [Member] | ViaOne Services LLC [Member] | ||
Short-term Debt [Line Items] | ||
Exercise price of warrants | $ 0.42 | |
Repayment of convertible debt | $ 1,000,000 | |
Debt instrument interest rate | 8.00% |
Related Party Transactions (Det
Related Party Transactions (Details Narrative) - USD ($) | Sep. 27, 2018 | Sep. 01, 2017 | Apr. 07, 2016 | Sep. 30, 2021 | Dec. 31, 2017 | Dec. 31, 2020 | May 05, 2017 | Mar. 01, 2017 | Jan. 31, 2017 | Nov. 30, 2016 |
Related Party Transaction [Line Items] | ||||||||||
Warrants to purchase common stock, shares | 100,000 | 100,000 | ||||||||
Warrants exercise price | $ 1 | $ 1 | ||||||||
Silver Linings Management, LLC [Member] | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Due to related party | $ 13,440 | |||||||||
Notes interest rate, percentage | 10.00% | |||||||||
Debt maturity date | Apr. 1, 2018 | |||||||||
ViaOne Services LLC [Member] | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Due to related party | $ 2,682,337 | $ 2,146,467 | ||||||||
Debt instrument, principal amount | $ 1,000,000 | $ 363,000 | $ 225,000 | $ 150,000 | ||||||
Management fees | $ 25,000 | $ 42,000 | ||||||||
Accrued management fees | $ 100,000 | |||||||||
Conversion price, percentage | 125.00% | |||||||||
Conversion price, per share | $ 0.001 | $ 0.05 | ||||||||
Debt conversion ratio | 1.25 | |||||||||
Debt instrument, convertible, conversion ratio | 85.00% | |||||||||
Warrants to purchase common stock, shares | 1,000,000 | |||||||||
Management fees | $ 25,000 | |||||||||
Accrued management fees | $ 100,000 | |||||||||
ViaOne Services LLC [Member] | Convertible Notes Payable [Member] | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Debt instrument, convertible, conversion ratio | 85.00% | |||||||||
Repayment of convertible debt | $ 1,000,000 | |||||||||
Debt instrument interest rate | 8.00% | |||||||||
Warrants exercise price | $ 0.42 | |||||||||
ViaOne Services LLC [Member] | Line of Credit Agreement [Member] | ||||||||||
Related Party Transaction [Line Items] | ||||||||||
Notes interest rate, percentage | 18.00% | |||||||||
Debt maturity date | Sep. 30, 2019 | |||||||||
Debt instrument, principal amount | $ 25,000 | |||||||||
Initial loan amount | 25,000 | |||||||||
Loan maximum borrowing capacity | $ 250,000 | |||||||||
Initial loan interest percentage | 8.00% |
Schedule of Deferred Tax Assets
Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) | Sep. 30, 2021 | Dec. 31, 2020 | Sep. 30, 2020 | Dec. 31, 2019 |
Income Tax Disclosure [Abstract] | ||||
Net Operating Loss Carryforward | $ 2,685,827 | $ 886,761 | $ 799,762 | $ 693,925 |
Valuation allowance | (2,685,827) | (886,761) | (799,762) | (693,925) |
Net Deferred Tax Asset |
Schedule of Components of Incom
Schedule of Components of Income Tax Expense (Details) - USD ($) | 9 Months Ended | 12 Months Ended | ||
Sep. 30, 2021 | Sep. 30, 2020 | Dec. 31, 2020 | Dec. 31, 2019 | |
Income Tax Disclosure [Abstract] | ||||
Income tax recovery at statutory rate | $ (1,103,684) | $ (115,837) | $ 202,836 | $ 237,461 |
Valuation allowance change | 1,103,684 | 115,837 | (202,836) | (237,461) |
Provision for income taxes |
Income Taxes (Details Narrative
Income Taxes (Details Narrative) - USD ($) | 9 Months Ended | 12 Months Ended | |
Sep. 30, 2021 | Dec. 31, 2020 | Dec. 31, 2017 | |
Operating Loss Carryforwards [Line Items] | |||
Net operating loss carryforward | $ 12,789,652 | $ 4,223,000 | |
Operating loss carryforwards expiration date | 2030 | 2030 | |
Federal statutory rate | 21.00% | 21.00% | |
Reduced deferred tax asset | $ 80,329 | ||
Tax Reform Act [Member] | |||
Operating Loss Carryforwards [Line Items] | |||
Income tax rate description | the Act reduces the corporate tax rate from a maximum of 35% to a flat 21% rate |
Subsequent Events (Details Narr
Subsequent Events (Details Narrative) - USD ($) $ / shares in Units, $ in Millions | Nov. 12, 2021 | Mar. 08, 2021 | Jan. 02, 2019 | Sep. 30, 2021 | Dec. 31, 2020 |
Subsequent Event [Line Items] | |||||
Warrants, exercise price | $ 1 | $ 1 | |||
Lincoln Acquisition Corporation [Member] | Series B Preferred Stock [Member] | |||||
Subsequent Event [Line Items] | |||||
Shares converted into stock | 200 | ||||
Number of common shares issued for share conversion | 3,750,000 | ||||
Subsequent Event [Member] | Lincoln Acquisition Corporation [Member] | Series B Preferred Stock [Member] | |||||
Subsequent Event [Line Items] | |||||
Shares converted into stock | 18,000 | ||||
Number of common shares issued for share conversion | 3,600,000 | ||||
Subsequent Event [Member] | Securities Purchase Agreement [Member] | |||||
Subsequent Event [Line Items] | |||||
Stock Issued During Period, Shares, New Issues | 20,733,337 | ||||
Warrants issued | 20,733,337 | ||||
Proceeds from Issuance Initial Public Offering | $ 3.1 | ||||
Subsequent Event [Member] | Securities Purchase Agreement [Member] | Warrant [Member] | |||||
Subsequent Event [Line Items] | |||||
Share Price | $ 0.15 | ||||
Warrants, exercise price | $ 0.20 |
Schedule of Intangible Assets (
Schedule of Intangible Assets (Details) - USD ($) | Dec. 31, 2020 | Dec. 31, 2019 |
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] | ||
Software | $ 1,200,000 | $ 1,200,000 |
Accumulated Amortization | (1,200,000) | (1,200,000) |
Total |