Schedule of Fair Value and Recognized Gain Loss on Deconsolidation of Subsidiary (Details) - USD ($) |
12 Months Ended | ||
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Jul. 29, 2021 |
Dec. 31, 2021 |
Dec. 31, 2020 |
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Accounting Policies [Abstract] | |||
Shares of common stock 119,584,736 - Descrypto | |||
Fair value of consideration received | |||
Cash | 53,178 | ||
Trademark | 2,835 | ||
Intangible assets – net | 9,500 | ||
Total assets assigned to Descrypto | 65,513 | ||
Accounts payable and accrued expenses | 56,489 | ||
Due to Balance Labs, Inc. | 25,764 | ||
Due to Lyons Capital, LLC | 25,000 | ||
Note payable | 112,167 | ||
Total liabilities assumed by Descrypto | 219,420 | ||
Total net liabilities assumed by Descrypto | 153,907 | ||
Gain on deconsolidation of KryptoBank | $ 153,907 | $ 153,907 |
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- Definition Business combination, recognized identifiable assets acquired and liabilities assumed due to parent company. No definition available.
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- Definition Business combination, recognized identifiable assets acquired and liabilities assumed notes payable. No definition available.
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- Definition Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Trademark. No definition available.
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- References No definition available.
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- Definition The net amount, measured at acquisition-date fair value, of all the assets acquired and liabilities assumed that arise from contingencies and were recognized by the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net amount, measured at other than acquisition-date fair value, of all the assets acquired and liabilities assumed that arise from contingencies and were recognized by the entity, if the acquisition-date fair value cannot be determined and other criteria (as defined) related to the contingencies have been met. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of assets acquired at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of liabilities incurred for goods and services received that are used in an entity's business and related party payables, assumed at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of other liabilities due within one year or within the normal operating cycle, if longer, assumed at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of assets, excluding financial assets and goodwill, that lack physical substance, having a projected indefinite period of benefit, acquired at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of liabilities assumed at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of gain (loss) from deconsolidation of subsidiary and derecognition of group of assets constituting transfer of business or nonprofit activity, excluding conveyance of oil and gas mineral rights and transfer of good or service in contract with customer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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