Arthur Hayes unveils FLOP, a blockchain for AI compute with an airdrop
- —FLOP is a network where AI agents rent GPU compute and pay in FLOP tokens
- —Blocks target roughly one second, with 96 FLOP per block halving every 730 days
- —Maximum supply is about 18.1 billion tokens over 10 years, with 24.3% for the airdrop
- —Hayes plans no presale and no large venture-capital allocation
Why it matters: A project from BitMEX's co-founder could draw attention to the AI-blockchain sector, though it competes with Render and Ocean Network.
Source: Newsbit