ChainCatcher report: Arthur Hayes, CEO of Flop Labs, has published a draft of the FLOP Network v0.5.0 yellow paper, proposing an AI inference metering and settlement network built on Substrate/FRAME, utilizing BABE for block production and AlephBFT for finality. According to the project’s official roadmap, the FLOP testnet is scheduled to launch in Q4 2026, with a token airdrop for participants, and the mainnet target is Q1 2027. The current yellow paper remains a draft, with several parameters and mechanisms yet to be finalized.
Arthur Hayes' FLOP Network releases draft yellow paper, plans testnet launch in Q4 2026
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Summary
Arthur Hayes' FLOP Network has released a draft v0.5.0 yellow paper detailing a network upgrade focused on AI inference metering and settlement, built on Substrate/FRAME. The project plans to launch a testnet in Q4 2026, with token airdrops for participants and a mainnet target of Q1 2027. The yellow paper remains a draft, with key parameters still under development. Announcements regarding the token launch are expected as the project progresses toward finalizing its framework.
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