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Arthur Hayes, co-founder and chief investment officer at Maelstrom, announced that the upcoming FLOP airdrop will be determined based on activity on the project's testnet.
He added that access to the testnet token faucet will be available for agents with a DID key. Further details are expected to be provided soon.
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Hayes has previously described the AI sector as experiencing a financial bubble, particularly linked to debt-driven data center expansion and unprofitable hyperscaler stocks, as detailed in his earlier remarks. He has also commented on sharp trading activity during the debut of ZEC, recalling its 2016 Polo all-time high in a past analysis. These observations reflect his ongoing focus on significant trends and events in digital asset markets.