Kite AI's TGE is imminent, and its stacked with buffs. Its labels cover nearly every market narrative (AI, payments, stablecoins), and with the backing of a top-tier player, it's practically guaranteed a grand slam.
1. Coinbase just officially announced its investment in Kite AI, a significant signal. The key point is that Coinbase built its own x402 protocol, an open, internet-native payment standard designed specifically for AI payment scenarios. Its personal support of Kite AI signals to the market that Kite is the core and legitimate force behind the future x402 ecosystem.
2. As early as July, Kite was the first to implement x402 protocol payment functionality on its own network, making it a pioneer in achieving real-world implementation. This is perhaps the fundamental reason why Coinbase invested: to entrust the standard to a team that can truly deliver.
3. If you compare it to Binance, you'll find that Coinbase's approach is increasingly embracing a moat mentality.
My understanding is:
I fully pursue what Coinbase wants to do (such as acquiring Echo and developing x402);
I invest in what Coinbase can't do on its own; I invest in what I don't have time to do, and I fully support what I've invested in; and I strive to make what I support truly exceptional (becoming strategic ecosystem products). I support those with great potential within my own app, providing traffic and other means to help them achieve success.
This is essentially mirroring or replicating Binance's ecosystem strategy. You see, Cz is leveraging yzilabs to develop both internally and externally. My comments on opinion today can be summarized in one sentence: I invested, albeit modestly, but I can make it truly exceptional.
As for the intersection of AI, payments, and protocol standards, Kite AI @GoKiteAI currently sits squarely at the intersection of these three key areas.
