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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Schedule of Intangible Assets Estimated Useful Lives

The Company’s intangible assets consist of the following which were acquired in connection with the acquisition of 704Games:

 

Intangible Asset     Useful Life  
License agreements     16 years  
Software     7 years  
Distribution contracts     1 year  

Summary of Revenue Recognized

The following table summarizes revenue recognized under ASC 606 in the consolidated statements of operations:

 

    For the Year Ended December 31,  
    2020     2019  
Revenues:                
Gaming   $ 18,745,166     $ 11,775,787  
Esports     300,363       75,000  
Total Revenues   $ 19,045,529     $ 11,850,787