BitMEX co-founder and Maelstrom chief investment officer Arthur Hayes said Flop Network would use a fair-launch model with no presale, with roughly 20% of FLOP token supply set aside for testnet participants over 10 years as the project seeks to build a decentralized market for AI computing. Hayes said the network would price workloads by floating-point operations rather than model-specific tokens, with miners earning block rewards and inference fees for processing requests under a proposed proof-of-useful-inference system. He described FLOP as a token that represents a claim on compute and argued it could give AI agents and human users a common unit for buying processing power and decentralized memory services. The plan leaves major details unresolved, including total supply, release rates, qualification criteria, technical verification of AI outputs, validator design and the underlying blockchain. The project has separately pointed to a large FLOP airdrop in the fourth quarter of 2026 and a genesis block in the first quarter of 2027, while stablecoins such as USDC already dominate real-world agent payments.