Arthur Hayes Returns to Lead Flop Labs Ahead of FLOP Airdrop 

Arthur Hayes is taking charge of Flop Labs, which is developing an AI-agent-focused blockchain network with FLOP as its native token. The project plans to introduce the token through a fair-launch model.

Flop Network is scheduled to produce its genesis block in the first quarter of 2027. Before the network goes live, the project expects to distribute FLOP through a large-scale airdrop in the fourth quarter of 2026. 

The token launch will exclude both a presale and an allocation for venture-capital investors, with the project describing the distribution model as a 100% fair launch. 

Within Flop Network, FLOP is designed as a payment asset that AI agents can use for compute and other services available through the network. 

Hayes described the move to head Flop Labs as “coming out of retirement.”

Source: Arthur Hayes