Arthur Hayes published an article titled "The Genesis Book", elaborating on his vision for Flop Network and the AI computing power economy.

BitMEX co-founder Arthur Hayes has published a lengthy article titled *The Book of Genesis*, introducing the vision for Flop Labs and Flop Network, two initiatives he backs, while exploring the development direction of the AI agent economy and decentralized computing power markets. Hayes argues that as AI agents grow in scale, future AI will need the ability to autonomously acquire computing power, store memories, and participate in economic activities. However, the current AI computing power market relies heavily on centralized platforms, lacking a unified global market priced by actual computing resources (FLOPs, floating-point operations per second). He proposes that Flop Network will build a blockchain-based decentralized computing network, using the "Proof of Useful Inference (PoUI)" mechanism, allowing computing resource providers to earn the native token $FLOP by contributing their computing power. Hayes states that the FLOP token represents direct equity in the network’s computing resources, and will serve as the base currency for AI agents to access computing resources, store memories, and conduct transactions. He believes that if the AI agent economy continues to grow, Flop Network could become a critical infrastructure linking AI and the crypto economy. Additionally, Hayes says Flop Network will avoid the large-scale pre-sale model of traditional projects, planning to airdrop approximately 20% of its total token supply to testnet participants to advance a community-first development model. The project is still in the construction phase, with more technical details to be announced later.