The Kite Foundation confirmed on October 31, 2025, in Beijing that it has achieved a key milestone with the completion of its Ozone testnet and the FLY THE KITE NFT snapshot. This marks significant progress in its AI-powered agent payment infrastructure, with the snapshot process involving user interaction and wallet binding still ongoing.
Additionally, the Foundation detailed the $KITE tokenomics, revealing a total supply of 10 billion tokens. The allocation includes 48% for the ecosystem and community, 20% for supply-side modules, 20% for the team, and 12% for investors. These tokens are designed to facilitate AI-driven blockchain payments, potentially enhancing digital asset interactions.
$KITE is scheduled for a Binance Launchpool listing, with spot trading set to begin on November 3, which is expected to boost liquidity and user participation. The Foundation plans to provide further updates on wallet binding deadlines and network performance metrics in the coming weeks.
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