Arthur Hayes unveils FLOP tokenomics and proof of inference network
5 Articles
5 Articles
Arthur Hayes unveils FLOP tokenomics and proof of inference network
Arthur Hayes has released the FLOP Network technical paper detailing a proof-of-useful-inference blockchain for AI agents, with a genesis supply of approximately 2.48 billion FLOP tokens allocated through airdrops. According to the FLOP Network details shared by Hayes, the protocol…
Arthur Hayes Unveils FLOP Tokenomics as AI Network Introduces Proof of Inference
TL;DR: The network’s genesis supply was set at 2,483,460,000 FLOP tokens, fully allocated through airdrops with no presales or venture capital. The block reward starts at 96 FLOP tokens, distributed as 75% to miners, 10% to validators, 10% to agents, and 5% to staking participants. The emission schedule programmed a halving every 730 days across ...
Arthur Hayes presented the preliminary design of FLOP Network, a blockchain that seeks to pay miners for performing artificial intelligence inferences. The project foresees a launch without pre-sale or allocation of venture capital, a genesis supply of FLOP 2,483.46 million and a reward system that would favor those who provide verifiable computing capability. *** FLOP Network proposes that artificial intelligence agents pay miners directly for …
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