Arthur Hayes posted on X that the Flop Labs testnet and airdrop will launch on November 24, 2026.
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Devin阿文
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One promising Web3 project recommendation every day (2026.10.27)
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Flop
Overview: An AI-native Layer 1 led by Arthur Hayes (BitMEX co-founder and CIO of Maelstrom). It uses Proof-of-Useful-Inference, allowing AI agents to use tokens directly to purchase GPU computing resources. It addresses compute payments and verification in the agent economy, with no VC presale.
Why it’s getting attention: Hayes is personally driving the project; the technical paper is out; Genesis allocates about 24% of the supply to testnet participants (about 6.6% each for miners, validators, and agents); the testnet is targeted to open in early November, with mainnet/TGE expected around Q1 2027. Participants earn through real computational work, not social tasks.
How to participate: Follow the Flop testnet (miners provide GPU inference, validators run nodes, and agents purchase compute). Only verified work counts toward the airdrop. The official website and yellow paper are authoritative sources.
Risk assessment: The testnet is not yet fully public; hardware and technical requirements create a high barrier to entry; the documentation is still in draft form; while there is no traditional VC backing, the project relies on Hayes’s personal influence; timelines may be delayed.
Give us a follow! New updates every day 😄
Flop
Overview: An AI-native Layer 1 led by Arthur Hayes (BitMEX co-founder and CIO of Maelstrom). It uses Proof-of-Useful-Inference, allowing AI agents to use tokens directly to purchase GPU computing resources. It addresses compute payments and verification in the agent economy, with no VC presale.
Why it’s getting attention: Hayes is personally driving the project; the technical paper is out; Genesis allocates about 24% of the supply to testnet participants (about 6.6% each for miners, validators, and agents); the testnet is targeted to open in early November, with mainnet/TGE expected around Q1 2027. Participants earn through real computational work, not social tasks.
How to participate: Follow the Flop testnet (miners provide GPU inference, validators run nodes, and agents purchase compute). Only verified work counts toward the airdrop. The official website and yellow paper are authoritative sources.
Risk assessment: The testnet is not yet fully public; hardware and technical requirements create a high barrier to entry; the documentation is still in draft form; while there is no traditional VC backing, the project relies on Hayes’s personal influence; timelines may be delayed.