Arthur Hayes’ New Token Will Airdrop Before Its Blockchain Exists: What Do Holders Get?

Arthur Hayes says he is ending his retirement to lead Flop Labs, a new startup building a token for AI agents. The FLOP airdrop lands in Q4 2026, while the blockchain behind it only arrives in Q1 2027.

In other words, the token will exist before the chain it runs on. Almost nothing else about the project is on paper yet.

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FLOP Airdrop Comes Before the Blockchain

Hayes revealed the plan on X (Twitter) on Tuesday, hours after the official Flop Labs account introduced the project. He also rewrote his bio to read CEO of Flop Labs.

Flop Network calls itself a proof-of-useful-inference protocol. In plain terms, AI agents would pay FLOP for computing power and memory. Miners supply that power, while validators check the work, according to the project's website.

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