Kite is a blockchain built for AI agentsvsoftware that can act on behalf of humans. Unlike traditional blockchains designed for people, Kite allows AI to buy, sell, and coordinate services automatically with verified identity and clear rules. In other words, Kite is creating a world where AI can make decisions, pay for services, and follow governance rules on its own.
What makes Kite special is that it’s designed for AI agents rather than humans. Agents can interact with other agents, pay for services automatically, and perform tasks at machine speed. Kite is also compatible with Ethereum tools, so developers can build smart contracts easily. At the same time, it’s optimized for microtransactions, real-time settlements, and AI-native payments like automatically paying for API calls or digital services.
Kite features a three-layer identity system for security. The user identity belongs to the human owner. The agent identity is unique for each AI agent, and session identity provides short-term secure access. This setup lets humans control agents safely while allowing AI to operate independently.
Payments on Kite are fast and efficient. Using a Proof-of-Stake system, the network rewards active participants. AI agents can make streaming payments per use, conditional payments that release funds when a task is complete, and off-chain state channel transactions that settle on-chain periodically. This is ideal for microtransactions and automated operations.
Every AI agent has an Agent Passport, a digital ID showing ownership, permissions, and reputation. Passports make interactions safe and trustworthy between agents and services.
Kite also has a marketplace where developers can list AI services and APIs, agents can discover and pay for services, and merchants can sell directly to AI agents. This creates a machine-driven economy where AI can buy, sell, and collaborate without human intervention.
The KITE token powers the network. It’s used for paying transaction fees, accessing the ecosystem, rewarding participants, and eventually for staking and governance. Its rollout happens in two phases: first for ecosystem participation and rewards, and later for governance and fee-related functions, tying its value to real usage.
Kite has strong backing, raising $33 million from investors including PayPal Ventures, Samsung Next, and General Catalyst, showing confidence in its vision for AI-driven transactions. Use cases include AI shopping and automatic payments, pay-per-use service subscriptions, supply-chain automation, financial portfolio management, and participation in decentralized AI marketplaces.
In short, Kite is more than a blockchain. It’s a platform that enables AI agents to operate, transact, and interact autonomously. With fast transactions, layered identity, and a thriving agent marketplace, Kite is poised to become the foundation for the emerging AI-powered economy.
