@KITE AI #KITE $KITE

Kite is developing a blockchain platform for autonomous payments, allowing AI agents to automatically execute transactions with verifiable identities and programmable governance. Kite Blockchain is an EVM-compatible Layer 1 network designed for real-time transactions and coordination among AI agents. The platform features a three-layer identity system that separates users, agents, and sessions to enhance security and control. KITE is the native token of the network. The utility of the token is being launched in two phases, beginning with ecosystem participation and incentives, followed by the addition of staking, governance, and transaction fee functionalities.