Kite is an EVM-compatible Layer 1 public chain designed specifically for autonomous AI agents. This platform enables AI agents to have verifiable identities, independently process transactions, and automatically execute tasks according to user-programmed rules—essentially giving AI agents a "bank account."

Most traditional AI agents are stuck on one problem: while they can generate content and analyze data, they are confined within centralized platforms and cannot independently initiate financial transactions. Kite aims to change this situation. It has designed a three-layer identity system that separates users, agents, and sessions, significantly enhancing security and controllability.

KITE is the native token of this network, with functions rolled out in two phases: the first phase focuses on ecosystem participation and incentive mechanisms, followed by staking, governance voting, and fee distribution. Architecturally, Kite aims to become the infrastructure for the agent payment era—enabling autonomous programs to perform payments, coordination, and real-time transactions on-chain like independent entities. This is an interesting direction for the integration of AI and blockchain.