#KİTE $KITE KITE: A Decentralized Value Hub for AI Intelligent Entities
KITE, as a native Layer-1 blockchain for AI, constructs the next-generation trust layer for the intelligent economy using the 'Proof of AI' consensus mechanism, enabling AI intelligent entities to achieve autonomous identity verification, seamless collaboration, and instant settlement.
Equipped with a modular architecture and EVM compatibility, integrating the X402 payment standard, supporting millions of transactions per second, a 1-second block time, and near-zero cost micropayments, perfectly adapting to the high-frequency interaction needs of AI. The core ecosystem Codatta protocol provides verifiable datasets in fields such as healthcare, combined with zero-knowledge proof technology in collaboration with Brevis, achieving data privacy protection and on-chain auditable closed loops.
Backed by $33 million in financing from PayPal Ventures, Coinbase Ventures, and others, the ecosystem has connected with 36 services including Shopify and PayPal, processing over 634 million AI calls cumulatively. The KITE token runs through governance, staking, and revenue distribution, leveraging a 'protocol to protocol' incentive model to unlock the AI value flywheel, laying the foundation for trillion-level intelligent entity collaboration. #kite $KITE
