TL;DR
- Idea: Kite is the first layer-1 blockchain built for autonomous AI agents, enabling programmable governance and native stablecoin payments with sub–cent transaction fees and sub–100ms finality via state channels.
- Catalyst: Recent mainnet listing on major exchanges, strong Series A backing led to initial liquidity and growing on-chain agent interactions.
- Risks: Early-stage protocol risks, adoption challenges, regulatory uncertainties, high FDV relative to market cap, and unproven tokenomics.
- Score: 8.00/ 10
Coin
- Name/ Ticker: Kite (KITE)
- Segment: AI-infrastructure
- Status: active
- Price: $0.067930
Key Metrics
- Market Cap: $122 270 000
- FDV: $679 300 000
- Circulating Supply: 1 800 000 000
- Total Supply: 10 000 000 000
Sources
Technology
- USP: Purpose-built L1 blockchain for the AI agentic economy, providing cryptographic identity, programmable governance and native stablecoin payments.
- Core Technology: Proof-of-Stake EVM-compatible Layer 1 with PoAI consensus, three-layer identity (user/agent/session), programmable governance via smart-contract accounts, and high-throughput state channels for sub-cent micropayments.
Roadmap
- 2025-10-01: Alpha Mainnet launch with USDC support, on/off-ramp and bridge integration
- 2026-01-01: Public Mainnet launch with PYUSD, USDT and RLUSD support and cross-chain liquidity expansion
- 2026-04-01: Fast finality and agent-native workload optimization; non-EVM cross-chain interoperability
- 2026-07-01: Launch of stablecoin-only agent payment rail, agent reputation system and agent marketplace
Team & Investors
Team
- Cofounder & CEO — Chi Zhang: PhD in ML @ UC Berkeley; led data products @ Databricks
- Cofounder & CTO — Scott Shi: Built Uber’s Scale AI; founding engineer @ Salesforce Einstein AI
- VP, Head of BD & Strategy — Lei Lei: Head of BD @ Near Foundation; MBA @ Harvard
- Principal AI Engineer — Yusuke Muraoka: 30+ AI patents; M.S. @ University of Tokyo
- Head of Business Operations — Yijing Shi: Strategy @ VMware; PhD @ UVA
Investors
- PayPal Ventures — Series A • 2025-09-02
- General Catalyst — Series A • 2025-09-02
- Coinbase Ventures — Series A • 2025-09-02
- Samsung Next — Series A • 2025-09-02
- Avalanche Foundation — Series A • 2025-09-02
- LayerZero — Series A • 2025-09-02
- Animoca Brands — Series A • 2025-09-02
- HashKey Capital — Series A • 2025-09-02
Total funding: $33.00M
Tokenomics
- Utility: Native token for payments (transaction fees), staking security via PoAI, and on-chain governance.
- Next Unlock: (0.00% of circulating)
Pros & Cons
Strengths
- Purpose-built for AI agent micropayments
- Three-layer identity for secure delegation
- Low-latency, sub-cent state channel payments
- Strong investor backing and experienced team
- EVM-compatible for easy dApp integration
- Programmable governance and x402 compatibility
- Growing ecosystem with early testnet traction
Weaknesses
- Early-stage mainnet with limited adoption
- High FDV-to-market cap ratio
- Unproven long-term tokenomics sustainability
- Regulatory uncertainty for AI-based payments
- Competition from established L1 and AI platforms
- Dependence on developer adoption for agent economy
- Low TVL relative to potential scale
Price Scenarios (target: 2026-05-09)
- Bear: $0.030000 — Assumes 50% decline from current price under market downturn and minimal adoption.
- Base: $0.067930 — Maintains current market price assuming steady growth and adoption.
- Bull: $0.150000 — Assumes 2x growth driven by roadmap delivery and increased agent interactions.
How to Buy & Store
CEX
- Binance
- KuCoin
- Kraken
- MEXC
- Coinbase
DEX
- Uniswap V3 (Optimism)
- SushiSwap (Ethereum)
- PancakeSwap (BSC)
- 1inch
- Balancer
Storage
- MetaMask
- Ledger Nano S
- Trezor Model T
- Trust Wallet
- Coinbase Wallet
Verdict
Kite’s unique positioning in the emerging AI agent economy, combined with strong funding and a robust technical foundation, make it a compelling project, though risks around adoption, regulatory clarity and tokenomics remain.
Official Links
Source: Coin Research (internal)
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