Kite-yeah, that Kite, not the one you’d fly on a windy day-an AI and blockchain startup backed by the big guns at PayPal Ventures and General Catalyst, has managed to scrape together a hefty $18 million in Series A funding. All to craft a shiny new infrastructure for what they’re calling the “agentic internet.” Because what’s better than an internet where robots do your shopping? Nothing, apparently. 😉
They want machines to handle your business, so you won’t have to.
About Kite’s Vision for the “Agentic Internet” – The Future’s No Longer Human
Formerly known as Zettablock (fancy name, huh?), Kite aims to build the blockchain backbone for what Zhang dubs the “agentic internet,” where AI assistants can transact and collaborate without pesky humans meddling in their digital affairs. Her thinking is that these AI agents will only trust each other if there’s a common system-think of it like a digital kiddie pool where everyone’s verified, so the sharks can’t sneak in.
“The normal way for us to shop now is to click and scroll through Amazon or Shopify, finding the perfect T-shirt,” Zhang told Fortune. “But in the future, it’s all gonna be autopiloted. We won’t even need to leave ChatGPT for that shopping spree.”
Imagine telling your chatbot to grab you a cool T-shirt, and then sitting back while it haggles, buys, and takes delivery-all on its own. That’s the dream, folks.
Their Ozone testnet is already live, giving brave early users the chance to poke around, stake testnet tokens and earn XP-because nothing says progress like virtual gamer points-and get ready for a future where AI agents shake hands and share data faster than you can say “blockchain.”
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2025-09-04 11:45