Arthur Hayes said he is “coming out of retirement” to lead Flop Labs. Flop Network is designed for the AI agent economy, with its native token FLOP serving as a payment asset for AI agents to access compute and other network services. FLOP will launch with no presale, no VC allocation and a 100% fair-launch model. The project expects a large-scale airdrop in Q4 2026, followed by the genesis block in Q1 2027.