Significant and Critical Accounting Policies and Practices (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2018

Dec. 31, 2017

Accounting Policies [Abstract]

Schedule of Consolidated Interest in Controlling Entities

The consolidated financial statements include all accounts of the entities as of the reporting period ending date(s) and for the reporting period(s) as follows:

Name of consolidated subsidiary or entity	State or other jurisdiction of incorporation or organization	Date of incorporation or formation (date of acquisition, if applicable)	Attributable interest
KTC Corp.	The State of Nevada, U.S.A.	September 20, 2010		100	%
Kicking the Can L.L.C.	The State of Delaware, U.S.A.	April 17, 2009		100	%
Wizard World Digital, Inc.	The State of Nevada, U.S.A.	March 18, 2011		100	%
Wiz Wizard, LLC	The State of Delaware, U.S.A.	December 29, 2014		100	%
ButtaFyngas, LLC	The State of Delaware, U.S.A.	April 10, 2015		50	%

Schedule of Inventories

Inventories are stated at average cost using the first-in, first-out (FIFO) valuation method. Inventory was comprised of the following:

	June 30, 2018		December 31, 2017
Finished goods	$	-	$	1,204

Inventories are stated at average cost using the first-in, first-out (FIFO) valuation method. Inventory was comprised of the following:

	December 31, 2017		December 31, 2016
Finished goods	$	1,204	$	-

Schedule of Estimated Useful Life

Depreciation is computed by the straight-line method (after taking into account their respective estimated residual values) over the estimated useful lives of the respective assets as follows:

	Estimated Useful Life (Years)
Computer equipment		3
Equipment		2-5
Furniture and fixture		7
Leasehold improvements		*

(*) Amortized on a straight-line basis over the term of the lease or the estimated useful lives, whichever period is shorter.

Depreciation is computed by the straight-line method (after taking into account their respective estimated residual values) over the estimated useful lives of the respective assets as follows:

	Estimated Useful Life (Years)
Computer equipment		3
Equipment		2-5
Furniture and fixture		7
Leasehold improvements		*

(*) Amortized on a straight-line basis over the term of the lease or the estimated useful lives, whichever period is shorter.

Schedule of Contingent Share Issuance Arrangements, Stock Options and Warrants

The following table shows the outstanding dilutive common shares excluded from the diluted net income (loss) per share calculation as they were anti-dilutive:

	Contingent shares issuance arrangement, stock options or warrants
	For the Six Months Ended June 30, 2018	For the Six Months Ended June 30, 2017
Convertible note	16,666,667	16,666,667
Common stock options	3,743,000	4,645,000
Common stock warrants	16,666,667	16,666,667
Total contingent shares issuance arrangement, stock options or warrants	37,076,334	37,978,334

The following table shows the outstanding dilutive common shares excluded from the diluted net income (loss) per share calculation as they were anti-dilutive:

	Contingent shares issuance arrangement, stock options or warrants
	For the Year Ended December 31, 2017		For the Year Ended December 31, 2016
Convertible note		16,666,667		16,666,667
Common stock options		4,043,000		5,319,000
Common stock warrants		16,666,667		16,666,667
Total contingent shares issuance arrangement, stock options or warrants		37,376,334		38,652,334

Summary of Derivative Liability Activity

The following table provides a summary of the derivative liability activity as a result of the adoption of ASU 2017-11:

	Warrants			Convertible Note			Total
Balance – December 31, 2015	$	-		$	-		$	-
Issuance of derivative liabilities		5,206,444			2,294,435			7,500,879
Extinguishment of derivative liability from exercise of warrants		(2,831,851	)		-			(2,831,851	)
Change in fair value of derivative liability		825,544			1,004,165			1,829,709
Reclassified derivative liabilities of adoption		(3,200,137	)		(3,298,000	)		(6,498,737	)
Balance – December 31, 2016	$	-		$	-		$	-

Schedule of Revisions and Corresponding Effects On Consolidated Balance Sheet and Operation

Tabular summaries of the revisions and the corresponding effects on the statement of earnings for the three and six months ended June 30, 2017 are presented below:

	Consolidated Statement of Operations Three Months Ended June 30, 2017
	Previously Reported			Revisions			Revised Reported
Change in fair value of derivative liabilities	$	(238,069	)	$	238,069		$	-
Net loss	$	(2,226,573	)	$	238,069		$	(1,988,654	)
Net loss per common share:
Basic	$	(0.03	)	$	(0.00	)	$	(0.02	)
Diluted	$	(0.03	)	$	(0.00	)	$	(0.02	)

Tabular summaries of the revisions and the corresponding effects on the statement of earnings for the six months ended June 30, 2017 are presented below:

	Consolidated Statement of Operations Six Months Ended June 30, 2017
	Previously Reported			Revisions			Revised Reported
Change in fair value of derivative liabilities	$	1,645,372		$	(1,645,372	)	$	-
Net loss	$	(1,710,043	)	$	(1,645,372	)	$	(3,355,415	)
Net loss per common share:
Basic	$	(0.03	)	$	(0.02	)	$	(0.05	)
Diluted	$	(0.03	)	$	(0.02	)	$	(0.05	)

Tabular summaries of the revisions and the corresponding effects on the consolidated balance sheet as of December 31, 2016 and consolidated statement of earnings for the year ended December 31, 2016 are presented below:

	Consolidated Balance Sheet
	December 31, 2016
	Previously						Revised
	Reported			Revisions			Reported
Convertible promissory note – related party, net	$	1,456		$	1,025,720		$	1,027,176
Derivative liabilities – related party		6,498,737			(6,498,737	)		-
Additional paid in capital		21,132,386			(1,467,767	)		19,664,619
Accumulated deficit		(24,529,440	)		6,940,783			(17,588,657	)

	Consolidated Statement of Operations Year ended December 31, 2016
	Previously Reported			Revisions			Revised Reported
Interest expense	$	(26,676	)	$	195		$	(26,481	)
Change in fair value of derivative liabilities		(1,829,709	)		1,829,709			-
Derivative expense		(5,110,879	)		5,110,879			-
Net loss	$	(8,448,886	)	$	6,940,783		$	(1,508,103	)
Net loss per ordinary share:
Basic	$	(0.16	)	$	(0.13	)	$	(0.03	)