KITE AI, the infrastructure provider of the decentralized spontaneity organization, raised $ 18 million in the financing round of the PayPal Ventures, which amounts to the total cumulative financing to $ 33 million.
According to a joint advertisement with Cointelegraph on Tuesday, other investors in the company include 8VC, Samsung Next, SBI USWay Fund, Vertex Ventures, Hashed, Haskey Capital, Avalanche Foundation, Layerzero, Animoca Brands and more than that. In February, Kite Testnet launched from Blockchain Layer-1, based on AI, based on ice collapse (AVAX), with the aim of enhancing the ability to expand and process data while providing central coordination Artificial Intelligence (AI) Workflow missions.
KITE aims to take advantage of the infrastructure distributed on the infrastructure of the artificial intelligence agent, and visualize, Artificial intelligence agents As a new user category in the Web3 ecosystem. Artificial intelligence agents are autonomous programs that can imagine their environment, make decisions, and take measures to achieve goals without continuous human intervention.
KITE AIR, a system that allows an artificial intelligence agent to automatically handling and dealing with autonomous identities, original Stablecoin payments and policy enforcement on dedicated Blockchain. Air includes two components: an agent passport, which provides identity services with operating handrails and agents applications, which provides agents custom services, data sources and trade tools, and allows them to pay these services.
A kite representative explained that the passport “creates a multi-layer identity system where every participant-users, agents, and sessions-have distinctive encryption identities that make up a series of confidence.” This ensures that all procedures can be traced to the original point.
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AI agents as a web3 user interface
The co -founder and CEO of Kite Chi Zhang explained that the team believes that independent factors will be “dominant [user interface] For future digital economies. He said that for work, these agents need organized and verified data, and to provide this first step.
“Today’s human focus systems are very strict and very fragile for secrets is one of the factors that take care of microscopic transactions at the speed of the machine.”
“They can choose through the Agent Kite app store and become detected to the mosquitoes from artificial intelligence,” said Zhang. The purchases that were made in this ecosystem are settled on ONCHAIN and transparent, and benefit from Stablecoins. The team works with additional integration through trade, financing and data platforms.
Speaking to Cointelegraph, a kite actor explained that “Paypal is an official partnership in the experimental stage, Shopify is the API integration in the experimental stage.”
Alan Du, a partner in Paypal Ventures, said that Kite is “the first real infrastructure that was built for this purpose for the agent.” He added that the payments constitute a difficult artistic gap of the systems of artificial intelligence agent and “bridges of kites this decisive gap by providing a settlement level based on Stablecoin.”
Steve Evert, head of the global market development in the PayPal Digital and Digital Assets Department, said that such systems allow “the real global economy that people, institutions, and the machine can interact with ease and confidence.”
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Increasing expectations for artificial intelligence agents in Web3
The enthusiasm of artificial intelligence agents who are able to deal with encryption transactions and Web3 interactions steadily grow. Members of the Coinbase Kevin Lefeft and Lincoln Murr team recently said these agents are these agents. They are about to become “the largest power user in Ethereum“
However, how artificial intelligence factors interact with other systems that are fundamentally different from how humans interact with them, and their abilities differ greatly from those in the ordinary person. For this reason, a great effort is invested in developing the infrastructure designed for this purpose and intermediate tools that enable artificial intelligence agents to interact with complex systems, including Web3 infrastructure.
Adrian Brink, co -founder of Anoma Anoma in Web3. These Blockchain -based infrastructure systems require. In this context, the areas are the goals known by the user or the desired results that are expressed at a high level, explaining and implementing Blockchain and Agent systems automatically by identifying the necessary procedures and transactions automatically.
Some AI-Acts systems are already witnessing widespread adoption in Web3. Data showed earlier this month that Clanker, a decentralized application (DAPP) built around an artificial intelligence agent that creates memecoins on the basis of claims, It produced more than $ 34.4 million of fees for its users.
“Clanker is Amnesty International, which launches codes codes for you,” said DAPP. “Give him a name and symbol, take care of, create the market, and share fees automatically.”
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