Kite is building what it calls the first blockchain purpose-built for agentic payments a Layer-1, EVM-compatible network designed so autonomous AI agents can hold verifiable identity, move money, and obey programmable governance rules without humans in every loop.
Kite
At its core Kite aims to solve a practical gap: today’s blockchains and payment rails are not optimized for tiny, fast, auditable payments between software agents, nor for the identity, session and permissions model agents need to act safely on behalf of people or services. Kite’s architects focus on low latency, predictable micro-fees and on-chain primitives for identity and limits so agents can transact, coordinate, and be audited in real time.
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A central technical idea is EVM compatibility. By making Kite compatible with Ethereum tooling and smart contracts, developers can reuse existing contracts, wallets and developer tools while taking advantage of performance and identity features Kite adds on top. This lowers the barrier for teams to build agent-native apps.
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Identity is treated as a three-layer system that separates humans, agents, and short-lived sessions. Users retain control of long-lived identities, agents have their own attestable identity and capabilities, and sessions (the temporary keys or delegated contexts an agent runs in) let the network enforce limits and revoke access quickly if something looks wrong. That separation is intended to reduce risk while enabling autonomous behaviour.
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Kite’s native token, KITE, is designed to power the whole agentic economy. According to Kite’s documentation and industry writeups, the token’s utility is rolling out in phases: an initial phase focused on ecosystem participation, incentives, and bootstrapping developer and agent activity, followed by a later phase that unlocks staking, governance, and fee-related functions that make the network more decentralized and secure. This two-phase rollout is meant to align short-term growth with long-term network security.
Kite
The whitepaper and multiple summaries describe several on-chain features that matter for agentic commerce: native support for streaming and micro-payments so agents can pay per-request or per-second, stablecoin rails and bridges for real-value settlement, composable agent marketplaces, and attestation systems for data and actions so third parties can verify what an agent did and why. Some technical claims for example about very high throughput targets or hybrid consensus variants tailored to agent workloads are presented in technical docs and summaries as design goals rather than proven, wide-scale deployments, so they should be viewed as roadmap ambitions until fully demonstrated on mainnet.
Kite has attracted notable investor interest, which signals confidence from established players in payments and venture capital. PayPal Ventures and General Catalyst are among the backers publicly described in investment posts and firm announcements, and public reporting has covered Seed and Series A rounds that financed early development. That institutional support has also drawn press and exchange writeups as Kite prepared ecosystem launches.
generalcatalyst.com
Tokenomics details vary across summaries and regulatory filings: the project’s token pages and third-party overviews list KITE as the utility token used for rewards, staking, and access to certain agent services, and some public writeups report a capped supply figure and staged reward distribution that moves toward stablecoin payments over time. For precise numbers on supply, circulating amounts, and any lockups, consult Kite’s official tokenomics and regulatory disclosures because external summaries sometimes differ in reported figures.
Kite Foundation
From a developer and integrator perspective, Kite emphasizes compatibility with existing Ethereum tools while adding agent-centric SDKs, identity passports, and an explorer and marketplace ecosystem where agents and services can be discovered, composed and monetized. That combination is intended to let teams prototype with familiar code and then take advantage of Kite’s primitives for agent safety and payments.
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Risks and open questions remain. Building a new settlement and identity fabric for money and autonomous actors requires ironclad safety, robust on-chain governance, and careful incentive design to prevent misbehaving agents or sybil attacks. Performance targets, interop with legacy finance, and the regulatory status of agentic payments are areas observers highlight as needing careful proof through audits, testnet results and transparent governance. Investors and the team themselves frame many high-level claims as part of a roadmap that must still be delivered.
CoinMarketCap
In short, Kite is an ambitious attempt to create a blockchain tailored to the needs of autonomous AI agents: an EVM-compatible L1 with a layered identity model, streaming micro-payments, and a token that will move from bootstrap incentives to staking and governance. The project has strong financial backing and a published whitepaper and technical documentation, but some performance and economic details are still roadmap items that merit watching as Kite moves from research and testnet into wider production. For exact technical specs, token metrics and the latest mainnet status, read the Kite whitepaper and the project’s official token and foundation pages.
