Flop Labs targets 2026 Q4 airdrop under Hayes

• Arthur Hayes has taken the CEO role at Flop Labs, which is developing an AI inference network.
• The project plans a token airdrop in the fourth quarter of 2026.
• Hayes said the network’s genesis block is expected in early 2027.

Flop Labs has appointed BitMEX co-founder Arthur Hayes as CEO as it develops an AI inference network.

The project plans a token airdrop in the fourth quarter of 2026, before its planned early 2027 network launch.

“I’m coming out of retirement to lead @flop_labs,” Hayes said in a post on X.

Flop Labs is developing a network where AI agents can pay for computing and other services using its proposed FLOP token.

Hayes said Flop plans a “massive airdrop” in the fourth quarter, although the project has not released further details.

Following the announcement, Flop Labs had no publicly traded share price because it is a private project.

Hayes previously co-founded BitMEX in 2014 and left its CEO role in October 2020, while BitMEX announced plans to shut its exchange on September 23, 2026.