• Kite is a blockchain project built for artificial intelligence and machine driven commerce
• The main goal of Kite is to allow AI agents to send receive and manage payments on their own
• It focuses on creating an open economy where software agents can operate independently
• Kite is an EVM compatible layer one blockchain
• The network is designed specifically for AI native use cases
• It supports fast low cost transactions needed for machine to machine payments
• The vision behind Kite is an agentic internet
• In this system AI agents can negotiate pay subscribe and complete tasks without human input
• These agents act using rules and limits set by their owners
• Kite uses a special system called proof of attributed intelligence
• This system rewards value created by data models and verified AI computation
• It helps secure the network while encouraging useful AI contributions
• The blockchain is optimized for stablecoin transfers and micropayments
• It supports high frequency transactions without congestion
• State channels and modular design improve efficiency
• Kite uses a three layer identity system
• User identity agent identity and session access are separated
• This improves security and allows fine control over agent permissions
• Agents can have spending limits and defined roles
• Their actions are recorded on chain to build reputation over time
• This allows trust to develop between agents and users
• KITE is the native token of the Kite ecosystem
• The total supply of KITE is capped at ten billion tokens
• Token utility is introduced in phases to support long term growth
• In the early phase KITE is required to access and operate modules
• Modules are sub ecosystems that offer AI services data or models
• Module creators must lock KITE to participate
• KITE helps create liquidity and commitment from builders
• Developers and data providers earn KITE based on usage
• This aligns rewards with real network activity
• Later phases expand KITE usage to staking and governance
• Token holders can help secure the network
• Governance allows voting on upgrades incentives and standards
• Network fees and commissions are collected from AI services
• These fees are converted into KITE
• Tokens are redistributed to contributors and participants
• KITE enables real world AI payments
• Agents can pay for APIs data compute and services automatically
• This allows new business models impossible with traditional finance
• Use cases include automated shopping subscriptions optimization and coordination
• AI agents can work together and transact securely
• Reputation and identity support complex interactions
• The Kite team comes from strong technical backgrounds
• Team members have experience at Databricks Uber and academic research
• This supports the project technical depth
• Kite raised major funding from institutional investors
• Backers include PayPal Ventures General Catalyst and Coinbase Ventures
• Strong backing signals confidence in the vision
• Token distribution prioritizes ecosystem growth
• Nearly half of the supply is reserved for community and development
• Team and investors receive allocated shares with long term alignment
• KITE launched with strong market attention
• The token was listed on major exchanges including Binance
• Launchpool and airdrop programs boosted early adoption
• Early market performance showed high volatility
• Price action reflected new listing behavior and speculation
• Over time focus has shifted toward real utility
• Trading volume increased as ecosystem interest grew
• Demand is linked to actual network participation
• KITE is required for core functions not just trading
• The Kite roadmap includes moving fully to mainnet
• Future updates include stablecoin rails and full agent identity
• Cross chain communication is planned
• Developer tools and integrations are being expanded
• The goal is to make building on Kite easier
• Merchant and payment system connections are planned
• Kite future potential depends on AI adoption
• As autonomous agents grow demand for machine payments increases
• Kite aims to be the backbone of this new economy
• Challenges include education adoption and competition
• Strong funding and real use cases provide an advantage
• Long term success depends on execution
• Kite is not just another blockchain
• It is infrastructure for machines to participate economically
• If adoption grows Kite could redefine how AI and money interact
