The KITE project has been quite popular recently. When it first came out, many people discussed it because its ambitions are indeed grand — claiming to create a 'society' for AI. In simple terms, it is an EVM-compatible Layer 1 blockchain, but its core purpose is not for human use; it is for AI Agents. On this chain, AI can open accounts, earn money, spend money, and accumulate credibility entirely on its own, without human intervention. They call this concept 'Agentic Economy'.
At the end of last year, its token officially launched, with a total supply of 1 billion and an initial circulation of about 1.8 billion. When it first launched, the market was particularly excited, with trading volume reaching hundreds of millions of dollars within a few hours, and many people FOMOed into the market. However, after this initial excitement, it seems to have cooled down, and the price has stabilized. Everyone is waiting for it to prove that it is not just all talk.
To be honest, this idea is indeed very cool. AI tools are everywhere now, but most still follow the 'you use, you pay' model. What KITE wants to do is 'AI uses itself, AI pays for itself.' For example, an AI data analysis service can automatically take orders on the chain, collect payments, buy the data it needs, and even rent computing power. For developers, if they can easily build an AI service market or set up an automated micropayment system, it really opens up a lot of imaginative space. For ordinary users, using AI services may become cheaper and more flexible in the future, without being locked in by a big company.
But then the question arises: is a cool idea enough? Absolutely not.
The biggest hurdle for KITE right now is to actually build that grand blueprint. Its technical foundation must be stable enough: transaction fees need to be low enough for AI to use frequently; the identity and reputation systems must be reliable and not chaotic; development tools, documentation, and SDKs must be comprehensive to encourage developers to come and play. If the technology is complex and difficult to use, or has frequent bugs, then even the best concept is just a castle in the air.
The combination of blockchain and AI is a big trend right now, but many projects are just riding the wave, simply adding an AI label to their products. KITE is genuinely working on the underlying infrastructure, which makes it look more substantial. If in the next year or two, autonomous AI applications really increase, then chains like KITE that specifically serve AI may see explosive demand. But the premise of all this is that someone has to use it to create truly useful things.
So currently KITE is in a state of 'everything is ready, just lacking proof.' It has hype, has a story, and also has a preliminary technical framework, but there haven't been any killer applications seen in the ecosystem yet. For those eager to make quick money, it may seem boring or even disappointing now; but for those willing to observe in the long term, this could be a node worth ambushing—what you're investing in is not a coin, but a possibility for the future digital economy.
In summary:
KITE's vision is very forward-thinking: to create an AI autonomous economic system. If it can really attract a group of developers to create practical applications through solid technology and continuous ecosystem building, it could become an important infrastructure in the AI + blockchain field.
But if the subsequent execution does not keep up, development progresses slowly, and the ecosystem is cold, then over time, the heat will dissipate, and the project may gradually cool down. So right now, don't focus on the price or hype, the key is to see if it can produce tangible, usable products next.
In a word: whether it becomes the engine of the next generation digital economy or just another beautiful PPT depends entirely on how it lands. We shall see.
