Kite is developing a blockchain platform for proxy payments, allowing autonomous AI agents to transact with verifiable identities and programmable governance. The Kite blockchain is a Layer 1 network compatible with the Ethereum Virtual Machine (EVM), designed for real-time transactions and coordination between AI agents. The platform utilizes a three-tier identity system to separate users, agents, and sessions, enhancing security and control. KITE is the native token of the network, and its utility is launched in two phases: first for ecosystem participation and incentives, followed by the addition of staking, governance, and fee-related functions.@KITE AI #kite $KITE

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