#kite $KITE Kite is a dedicated Layer-1 blockchain infrastructure tailored for the thriving AI agent economy. Its core mission is to build the foundational layer of the 'agent internet,' allowing AI agents to trade and collaborate securely and autonomously like true economic participants.

Core Project and Technical Architecture

Kite is not a general-purpose blockchain; it is specifically designed for the characteristics of AI agents that require high-frequency, micro-payments, and verifiable identities. It supports the ecosystem through three main pillars:

· Cryptographic Identity: Provides a unique on-chain identity (KitePass) for each AI model, dataset, or service, enabling trusted interactions across platforms.

· Programmable Governance: Allows for fine-grained permission settings for agents (such as spending limits and operation whitelists) to ensure safe boundaries during autonomous operations.

· Lightning Payment Layer: Achieves micro-payments with nearly zero fees and second-level confirmations through technologies like state channels, meeting the high-frequency trading needs of machine-to-machine (M2M) interactions.

Ecosystem Development and Applications

Kite has built an active ecosystem. Its core application, Kite AIR, functions like the 'App Store for AI agents,' where developers can deploy various agent services. Data shows that its network has processed over 1.7 billion interactions and distributed more than 17.8 million agent passports, demonstrating an initial network scale.

Business and Token Model

In the business loop, Kite has designed a deflationary model of 'use and destroy': the usage fees paid by users are used to repurchase and destroy KITE tokens, theoretically increasing token value as the ecosystem expands. The project has secured a total of $33 million in funding from top institutions such as PayPal Ventures, General Catalyst, and Samsung, and has launched integration pilots with platforms like Shopify, showcasing strong resource backing and real-world application potential.