🌐 Kite Project (KITE) on Binance...
💸Active Launchpool...💸
📚 Kite (KITE) was the 71st project on Binance Launchpool. It is an AI-powered payment blockchain designed to connect AI processing with on-chain transaction execution.
Launchpool Details
* Assets for Staking: Users can stake BNB, FDUSD, and USDC to earn KITE rewards.
* Rewards Distribution: 150 million KITE were allocated as rewards, representing 1.5% of the total supply.
* Listing: Binance listed KITE for spot trading on November 3, 2023, at 13:00 (UTC), with pairs such as KITE/USDT, KITE/USDC, KITE/BNB, and KITE/TRY.
💥 Purpose of KITE:
KITE is the native asset of the Kite ecosystem. It is used to reward network participants, secure the AI payment verification process through staking, and support platform development. Kite aims to provide the infrastructure for autonomous AI agents to operate and transact with identity, payment, governance, and verification capabilities.
The total supply of KITE is 10 billion, with an initial circulating supply of 18% (1.8 billion) at the time of listing on Binance.
