Binance, a leading cryptocurrency exchange, has introduced its 71st Launchpool project, Kite (KITE), a visionary AI-focused payment network. Commencing November 1, 2025, users will be able to earn KITE tokens by staking BNB, FDUSD, and USDC coins over a span of two days. Trading for KITE is set to kick off on November 3, with availability in KITE/TRY pairs on Binance Turkey.
How Does KITE Aim to Revolutionize Digital Payments?
KITE represents a pioneering venture marrying the realms of artificial intelligence and blockchain to reinvent the digital payment landscape. With a total issuance of 10 billion coins, 1.5% of these tokens will be shared with Launchpool participants. Users are encouraged to stake BNB, FDUSD, or USDC into distinct pools to garner rewards.
Of the allocated coins, the lion’s share, 127.5 million KITE (85%), is dedicated to the BNB pool; the USDC pool follows with 15 million KITE (10%); and 7.5 million KITE (5%) is set for the FDUSD pool. For those participating in the BNB pool, an hourly cap of 265,625 KITE is imposed. Binance will open the Launchpool page roughly 12 hours before the onset of the initiative.
What Are Binance’s Plans for Listing and Market Expansion?
Starting on November 3, 2025, Binance will list KITE at 16:00 local time, offering trading against pairs like KITE/USDT, KITE/USDC, KITE/BNB, and KITE/TRY. The circulating supply during this listing phase will be approximately 1.8 billion KITE, which represents 18% of the total issuance. Initially, the token will trade under a “Seed Tag” and be available temporarily on Binance Alpha after the Launchpool phase.
A further incentive is slated six months after the launch with an additional 50 million KITE allocated to boost marketing activities, with further information to come from Binance in subsequent announcements.
Binance’s Launchpool Project with KITE:
– Total Supply of KITE: 10 billion
– Launchpool Distribution: 1.5% of total supply
– KITE Allocation: 85% to BNB pool, 10% to USDC pool, 5% to FDUSD pool
– Additional Marketing Fund: 50 million KITE after six months
“KITE’s potential to reshape payment networks by leveraging AI is just the beginning,” Binance indicated, emphasizing their commitment to innovative finance solutions.
Binance continues to pave the way for new vistas in digital finance with projects like KITE, underscoring the growing interplay between AI and blockchain technologies in evolving digital ecosystems.
