PANews reported on October 31 that, according to official information from the Kite Foundation, the snapshot of the Ozone testnet and the "FLY THE KITE" NFT was completed at 08:00 Beijing time on October 31, involving interactive and social media binding data. Meanwhile, EOA wallet binding is still underway, and the specific deadline will be displayed on the official page.
In addition, the KITE Foundation released its token economic model. The token $KITE is designed to support the first blockchain for AI-powered agent payments, with a total supply of 10 billion. The initial token allocation includes: ecosystem and community (48%), modules (20%), team and early contributors (20%), and investors (12%). Modules, as an important part of the Kite network, cover supply-side services such as computing, models, and data, as well as demand-side services such as agents and applications, and are rewarded based on verified usage.
Previously, it was reported thatBinance Launchpool listed Kite (KITE), and KITE spot trading was launched on November 3 .
