Arthur Hayes said he will end his retirement and lead Flop Labs. According to Foresight News, he added Flop Labs CEO to his X bio.

He said the project will have no presale or VC investment and will be sold 100% fairly. The project also plans a large-scale airdrop in the fourth quarter and a mainnet launch in the first quarter of next year.

According to Flop Labs' X account, the project aims to provide native currency and decentralized computing infrastructure for the AI agent economy.