KiteAI: Building the Agentic Economy

KiteAI has emerged as a specialized Layer-1 blockchain purpose-built for the agentic internet, securing $33 million in funding led by PayPal Ventures and General Catalyst to bridge Web2 merchant networks with Web3 rails. Its core innovations; the Kite Passport for verifiable agent identity and permissions, and Proof of Artificial Intelligence (PoAI) for attribution and reward; enable secure, scalable AI-to-AI commerce. Early integrations with PayPal and Shopify via the Kite Agent App Store provide a tangible e-commerce use case, driving adoption to over 1.2 billion cumulative agent calls within its testnet. With growing partnerships across AI, data, and DeFi ecosystems, and a mainnet launch slated for Q4 2025, KiteAI is positioned as foundational infrastructure for autonomous agent economies.