BlockBeats News, August 18, Arthur Hayes announced in a post that he would end his retirement and come out of retirement to lead Flop Labs, and launch the FLOP token. He stated that FLOP would serve as the "food for AI Agents," the project would not have a presale or introduce VCs, and would adopt a 100% fair distribution model, aiming to build the currency of the Agentic Economy.
Hayes said that more details about the project would be announced later, with plans for a large-scale airdrop in the fourth quarter of 2026 and the launch of the genesis block in the first quarter of 2027.

