#kite $KITE Kite is developing a blockchain platform for automated payments, allowing autonomous AI agents to transact with verifiable identities and programmable governance mechanisms. The Kite blockchain is a Layer 1 network compatible with the Ethereum Virtual Machine (EVM), designed for real-time trading and coordination among AI agents. This platform features a three-layer identification system separating users, agents, and sessions to enhance security and control. KITE is the native token of the network. The utility of the token is launched in two phases, starting with participation and ecosystem incentives, followed by additional functions related to staking, governance, and fees.@KITE AI