@undefined is a blockchain project built to support the emerging agentic economy where autonomous AI agents can transact value securely transparently and independently. The core vision of Kite is to create an infrastructure where AI agents are treated as first class economic participants rather than simple tools controlled manually by humans. This vision is rooted in the belief that the next phase of the internet will involve millions of autonomous agents performing tasks negotiating services coordinating with other agents and making payments in real time. Traditional blockchain systems and payment rails are not designed for this type of activity which is why Kite positions itself as a purpose built Layer 1 network focused on agentic payments identity and governance.
At its foundation Kite is an EVM compatible Layer 1 blockchain. This means it supports Ethereum style smart contracts and tooling while offering its own base layer optimized for speed low latency and predictable costs. The network is designed to handle frequent small value transactions which are expected to be common in an AI driven economy. Instead of occasional large transfers Kite focuses on real time settlement and coordination between agents. This makes it suitable for machine to machine payments micro transactions and continuous service based billing models.
One of the defining features of Kite is its agent first design philosophy. Most blockchains are designed around human users who control wallets directly. Kite introduces a more structured model that separates authority into three layers users agents and sessions. The user represents the human or organization that ultimately owns the funds and has root control. From the user wallet multiple agent identities can be created. Each agent represents a long lived autonomous AI entity that can perform tasks hold balances and interact with smart contracts. Sessions sit at the lowest level and are short lived credentials created by agents to perform specific actions. Sessions expire automatically which reduces security risk and limits the damage if a session key is compromised.
This three layer identity system allows for fine grained delegation and control. A user can define what an agent is allowed to do such as spending limits approved counterparties or types of contracts it can interact with. Agents can then create sessions with even more restricted permissions. All of this delegation is cryptographically verifiable on chain. This structure makes it possible to safely allow AI systems to operate with real economic power without exposing the full authority of the user wallet.
Kite also introduces the concept of Agent Passports. An Agent Passport is a cryptographic identity record that includes an agents public keys permissions attestations and activity history. Over time an agent can build a reputation based on successful interactions verified outputs and on chain behavior. This reputation can be used by other agents or users to decide whether to trust and interact with that agent. The Agent Passport is a key component of enabling open marketplaces where agents can offer services and be selected based on transparent criteria rather than centralized reputation systems.
The Kite ecosystem includes an Agent Store which acts as a marketplace for agents services and modules. Developers can publish agents that perform specific tasks such as data analysis content generation trading logistics or procurement. Other agents or users can discover these services and interact with them programmatically. Payments for these services are settled on chain using stablecoins with Kite providing the underlying settlement and attribution infrastructure. This creates an open economy where AI services can be composed and monetized without centralized intermediaries.
A central concept in Kite is stablecoin native settlement. Instead of relying on volatile native assets for everyday payments Kite is designed to use stablecoins as the primary medium of exchange. This provides predictable pricing and reduces friction for real world usage. Transactions are designed to cost sub cent fees making micro payments economically viable. Stablecoin settlement also aligns Kite with existing payment and financial infrastructure which is important for enterprise adoption and regulatory compliance.
Programmable governance and constraints are another key pillar of the Kite design. Payments on Kite can be governed by smart contracts that enforce rules automatically. For example an agent can be given a daily spending budget require multi step approval for large payments or only release funds when specific on chain conditions are met. These programmable constraints allow complex economic relationships to be encoded directly into the payment flow. This is especially important for autonomous systems where human oversight is limited or asynchronous.
Kite positions itself not just as a payment network but as an attribution and incentive layer for AI. The project introduces the idea of Proof of Attributed Intelligence. This concept aims to fairly reward contributors across the AI value chain including data providers model developers agent creators and service operators. Instead of value accruing only to the end application PoAI attempts to measure contribution and distribute rewards accordingly. This is done through on chain registrations provenance tracking and contribution scoring mechanisms. While this system is complex and still evolving it reflects Kites ambition to create a more equitable AI economy.
From a consensus perspective Kite uses a proof of stake based architecture. Validators secure the network by staking KITE tokens and participating in block production and validation. The network is designed to support high throughput and low latency which are necessary for real time agent interactions. Over time staking and governance will play a larger role as the network transitions from bootstrapping to a more mature decentralized state.
The native token of the network is KITE. The total supply is capped at ten billion tokens. The token is introduced in phases to support different stages of network growth. In the initial phase KITE is used primarily for ecosystem participation incentives and access. This includes rewards for early users developers and module operators. It also includes requirements for liquidity commitments when launching modules or participating in certain parts of the ecosystem. This phase is designed to bootstrap activity and attract builders.
In the later phase the utility of KITE expands significantly. Staking becomes a core function with validators and delegators locking KITE to secure the network and earn rewards. Governance is introduced allowing token holders to vote on protocol upgrades parameter changes and incentive structures. Fee related functions are also added where a portion of network fees and service commissions are converted into KITE and distributed to stakeholders. This creates a direct link between network usage and token value.
The token distribution is structured to support long term ecosystem growth. A large portion is allocated to the community and ecosystem to fund grants incentives and rewards. Another significant portion is reserved for modules which are specialized vertical ecosystems built on top of Kite. Team advisors and early contributors receive a portion with multi year vesting to align long term incentives. Investors receive a smaller allocation reflecting early funding rounds. This distribution is designed to balance growth decentralization and sustainability.
Kite has attracted significant institutional backing. The project has raised over thirty million dollars in funding across multiple rounds. A notable Series A round was led by major venture firms with participation from both crypto native and traditional finance investors. These backers bring not only capital but also strategic partnerships and industry credibility. The involvement of payment focused investors signals confidence in Kites vision of agentic payments as a future financial primitive.
The founding team behind Kite has a background in AI data infrastructure and large scale systems. Leadership experience from companies like Databricks Uber and other major technology firms informs the projects focus on real world scalability and performance. The team combines expertise in blockchain AI and distributed systems which is critical given the complexity of the problem they are tackling.
From a development standpoint Kite provides comprehensive documentation and tooling. Developers can access SDKs sample applications and smart contract templates to build agents and services. The network supports familiar Ethereum tooling which lowers the barrier to entry for existing Web3 developers. Testnets have been launched to allow experimentation and feedback before full mainnet deployment. Community events hackathons and developer tours have been used to grow awareness and onboard builders globally.
Security is a major focus given the financial nature of the network. Kite emphasizes least privilege access and cryptographic verification at every layer. Smart contracts and core components have undergone third party security assessments by established auditing firms. Ongoing audits and monitoring are part of the roadmap as the network evolves. While no system is risk free the project aims to meet industry best practices before encouraging large scale deployment of capital.
The roadmap for Kite is structured around phased network launches and feature rollouts. Early stages focus on testnets developer onboarding and ecosystem formation. Subsequent stages introduce mainnet functionality expanded token utility and deeper integration of governance and staking. The long term vision includes a mature agent marketplace widespread adoption of agentic payments and integration with real world financial systems.
Kite has also gained traction in the broader crypto market through exchange listings. Major centralized exchanges have listed the KITE token providing liquidity and access for a global user base. Market data shows an initial circulating supply that reflects early distribution while the majority of tokens remain locked according to vesting schedules. As with any newly listed asset volatility is expected especially during the early phases of network adoption.
In terms of use cases Kite targets a wide range of applications. Autonomous procurement is one example where agents can search negotiate and purchase goods or services on behalf of users. Machine to machine payments enable agents to pay other agents for data computation or API access in real time. Composable agent workflows allow multiple specialized agents to collaborate on complex tasks with payments and rewards distributed automatically. Attribution and royalty flows allow creators to earn ongoing income as their contributions are reused across the ecosystem.
Despite its strong vision Kite faces significant challenges. Building a fair and robust attribution system for AI contributions is technically and economically difficult. Preventing gaming manipulation and sybil attacks requires careful design and continuous iteration. Regulatory considerations around autonomous payments identity and compliance add another layer of complexity. Adoption is also a key risk as network effects are critical for success. The ecosystem must attract enough developers users and service providers to create meaningful value.
Overall Kite represents an ambitious attempt to redefine how payments identity and incentives work in an AI driven world. By focusing on agent first design stablecoin native settlement and programmable governance it aims to provide infrastructure that existing blockchains do not offer. While many components are still evolving the combination of strong funding experienced leadership and a clear problem focus positions Kite as a notable project in the intersection of blockchain and artificial intelligence. If the vision of autonomous agents transacting at scale becomes reality Kite aims to be the financial backbone that makes it possible.
