Arthur Hayes Returns to Lead Flop Network for AI Agents

TREE NEWS update: Arthur Hayes announced his return to lead Flop Labs and its new project, Flop Network, which aims to create a resource trading and payment system for AI agents using the FLOP token. The network plans to connect AI agents, GPU providers, and validators, with a large airdrop scheduled for Q4 2026 and genesis block in Q1 2027. However, the project is still in early stages, lacking detailed technical documentation and a clear mechanism for its ‘Proof-of-Useful-Inference’ protocol.