Arthur Hayes: Flop Labs to Create Decentralized Compute Network, Testnet Participants to Receive Approximately 20% of Token Supply

Arthur Hayes published an article titled *The Book of Genesis*, using mythological storytelling to explain the core philosophy and tokenomics design of his AI/crypto project, Flop Labs. He pointed out that the current AI market lacks a unified standard for compute pricing, and different models vary in their definition and pricing of "tokens." Hayes proposed building a decentralized compute network called Flop Network, with FLOP as the native token, representing direct claims on compute power (FLOPs). This would enable AI agents and humans to trade at a globally unified compute price. The FLOP tokenomics adopts a fair launch model, with the team self-funding and no presale.