The Kite Foundation confirmed today (October 31) in Beijing the completion of its Ozone testnet and the “FLY THE KITE” NFT snapshot, marking a key step in its AI-powered agent payment infrastructure, according to an official announcement from the Foundation.
The snapshot included user interaction and wallet binding, with the process still ongoing. Alongside, the Foundation revealed $KITE tokenomics, highlighting a total supply of 10 billion tokens, with 48% allocated to the ecosystem and community, 20% for supply-side modules, 20% for the team, and 12% for investors. The tokens aim to facilitate AI-driven blockchain payments, potentially enhancing digital asset interactions. $KITE is scheduled for Binance Launchpool listing, with spot trading starting November 3, expected to improve liquidity and user participation.
The Kite Foundation will provide further updates on wallet binding deadlines and network performance metrics in the coming weeks.
Source: https://x.com/KiteAIFDN/status/1984047666922394027
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