#kite $KITE
Kite is a blockchain platform built for AI-powered agents. More precisely, Kite is an “EVM-compatible Layer-1 blockchain” designed for an “agentic internet” — a system where autonomous AI agents, data models, and computational services can exist on-chain, transact, and coordinate without centralized intermediaries.
KITE is used to pay for transaction fees, compute services deployment or operation of agents, API access or service usage.
Developers, data providers, module owners, and contributors receive KITE as rewards — this is intended to fairly compensate those who build and maintain the ecosystem.
Total supply of KITE is capped at ~ 10 billion.
Of those, 48% are allocated to “Ecosystem & Community” (for incentives, rewards, liquidity, growth).
Another 20% is for modules, and the remainder for team, early contributors, investors etc.
Token holders can stake or delegate tokens to validators; they can also participate in governance — voting on protocol changes, module funding, incentive distribution, network upgrades etc.
