#KITEtokens $KITE Kite is an AI ocused Layer 1 blockchain designed to be the foundational infrastructure for the "agentic economy," where autonomous AI agents can operate, transact, and coordinate securely.
Key Features and Technology
AI-Native Infrastructure: Kite addresses the limitations of human-centric payment systems by providing a purpose-built environment for AI agents to conduct high-volume, low-cost microtransactions.
Three-Layer Identity System: To ensure security and accountability, Kite uses a hierarchical identity model
User: The human owner and root of authority who sets overall policies.
Agent: The AI program with a delegated identity and specific, programmable limits enforced by smart contracts.
Session: A temporary, single-use key for a specific action, minimizing risk in case of a compromise.
Agent-Native Payments: The network utilizes state channels and is native for stablecoin settlements (USDC and PYUSD), enabling instant, near-zero-cost micropayments that are essential for machine-to-machine (M2M) commerce.
Programmable Governance: Users can define cryptographic spending rules and constraints (e.g., spending limits, approved merchants) that are enforced on-chain, ensuring agents operate within safe boundaries.
Interoperability: Kite is an EVM-compatible blockchain and integrates with major AI and web standards like x402, Google's A2A protocol, and OAuth 2.1 to facilitate seamless interaction across different platforms and services.
KITE Token
The native utility token of the network is KITE. Its functions include
Staking and Network Security: Validators and delegators stake KITE to secure the network and earn rewards.
Governance: Token holders can vote on proposals for protocol upgrades and ecosystem development.
Ecosystem Access and Incentives: Holding KITE is necessary for developers and service providers to participate in the network's modular ecosystem, and participants can earn KITE for their contributions.
Investment and Partnerships
Kite has raised significant funding from notable investors, including PayPal Ventures, General Catalyst, and Coinbase Ventures, highlighting institutional interest in its technology. It has also formed strategic partnerships with companies like Shopify and the Filecoin Foundation.
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