KiteAI has introduced a new token economic model, leveraging its Proof of AI (PoAI) mechanism to reward authentic AI contributions. This model tracks the components that drive successful outcomes in complex workflows, distinguishing real contributions from speculative activities. The platform's innovative 'AI Lego blocks' architecture has already processed over 1 billion agent interactions, serving more than 10 million users with a throughput of over 450 inferences per second.
The KITE token, which has raised $33 million from investors including PayPal Ventures, is scheduled to launch on November 1, 2025. It aims to foster an ecosystem where autonomous agents for shopping, trading, and research utilize the token for transactions. This approach is designed to generate organic demand from real-world applications, moving away from speculative token use.
KiteAI Launches Token Model to Reward Genuine AI Contributions
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