Huddle01 to Launch Node Sale to Expand its Video Network, after hosting 6 million minutes of meetings

Bangalore,
India,
September
26th,
2024,
Chainwire

The
Huddle01
decentralized
Real-Time
Communications
Network
is
a
multi-sided
network
with
Media
Nodes,
suppliers
of
dRTC
bandwidth
for
participants
and
consumers
of
audio/video
meetings

On
November
6,
2024,
Huddle01,
a
leading
decentralized
real-time
communications
layer,
will
launch
its
media
node
sale.
Huddle01
is
setting
new
standards
in
decentralized
communication,
offering
a
robust
and
efficient
solution
to
the
challenges
faced
by
traditional
real-time
communication
(RTC)
providers.
Since
2023,
Huddle01
has
hosted
6
million
minutes
for
more
than
100,000
events. 

The
first
dRTC
Network 

Huddle01
is
the
first
Decentralized
Physical
Infrastructure
Network
(DePIN)
for
RTC
or
audio/video
conferencing.
Huddle01
coordinates unused
internet
bandwidth
through
node
operators
to
enable
seamless
audio-video
communication
via
its
innovative
decentralized,
or
dRTC
network.

Unlike
most
DePINs,
Huddle01
is
built
from
the
demand
side,
addressing
the
high
operational
costs
and
geographical
latency
issues
faced
by
centralized
RTC
networks.
Founded
during
Covid-19
as
Indian
schools
moved
online,
Huddle01
replaced
centralized
communication
systems,
which
route
calls
through
distant
servers
—
often
halfway
across
the
world
—
causing
significant
delays
and
poor
performance
for
video
conferencing.

By
reducing
the
reliance
on
centralized
data
centers,
Huddle01
also
minimizes
developers’
server
costs
for
audio
and
video
calls
by
up
to
95%
compared
to
AWS,
ensuring
cost-effective
and
high-performance
communication. 

Huddle01’s
app
layer
Huddle01
Meet
integrates
Web3-native
tools,
allowing
users
to
connect
wallets,
use
NFT
profile
pictures
as
avatars,
and
host
token-gated
meetings.
Video
recordings
can
be
securely
stored
on
the
InterPlanetary
File
System
(IPFS),
emphasizing
the
platform’s
commitment
to
decentralization
and
security. 

Led
by
CEO
and
Co-Founder
Ayush
Ranjan
and
Co-Founder
and
CTO
Susmit
Lavania,
Huddle01
has
an
experienced
team
with
15+
years
in
RTC
and
5+
years
of
token
engineering.
Key
leadership
positions
at
Huddle01
are
held
by
alumni
of
BlockScience,
ConsenSys,
Polygon,
Cardano,
Persistence,
CoinDCX,
and
Guardian
Link.

Nodes
lead
to
improved
latency

Huddle01
Media
Nodes
–
the
atomic
unit
of
Huddle01’s
dRTC
network
–
provide
the
necessary
bandwidth
to
encode,
decode
and
route
audio/video
packets
for
uninterrupted
audio
and
video
communication
across
the
globe. 

“Google
Meets
and
Zoom
streams
300
million
minutes
per
day.
If
Huddle01
captures
just
1-5%
of
this
market
in
the
next
12
months,
we
would
have
triggered
the
highest
web3
adoption
ever.”

CTO
Susmit
Lavania
explained. 

While
latency
issues,
or
lags
and
glitches,
in
the
developing
world
hinder
innovation,
in
truth,
they
hinder
productivity
everywhere.
Distance
education,
streaming,
gaming
and
healthcare
can
all
be
improved
by
better
internet
services.

“These
nodes
will
power
a
network
that
already
outperforms
the
incumbent
web2
competitors
on
latency
where
there
is
a
large
cluster
of
nodes,
and
is
capable
of
improving
lags
across
the
globe,”
says

Ayush
Ranjan,
CEO
of
Huddle01. 

“We
are
excited
to
launch
this
node
sale,
because
as
we
sell
more
nodes,
the
benefits
for
consumers
and
businesses
will
only
grow.
Node
operators
are
incentivized
to
run
a
node,
allowing
them
to
create
more
value
for
themselves
but
more
importantly,
they
can
actually
notice
the
improvement
in
latency
in
all
their
applications,”
added

Ranjan. 

Huddle01:
Revolutionizing
Real-Time
Communication
with
DePIN 

Huddle01
Media
Node
Sale
features

• 46,900
  Huddle
  Media
  Nodes
  are
  available
  with
  pricing
  starting
  at
  $320
• Huddle01
  will
  be
  doing
  its
  Node
  Sales
  in
  2
  Phases
• Phase
  1
  will
  consist
  of
  20,000
  nodes
  to
  be
  sold
  from
  the
  November
  6th
  Whitelist
  and
  a
  Public
  Sale
  on
  November
  8
• Phase
  1
  sale
  participants
  are
  eligible
  for
  2x
  rewards
  than
  Phase
  2
  participants 
• Minimum
  requirement
  to
  run
  the
  node
  is
  a
  ~250
  Mbps
  Internet
  connection,
  however
  buyers
  can
  also
  delegate
  to
  minimize
  operating
  expenses
• The
  testnet
  will
  launch
  2
  weeks
  after
  the
  sale
  completes,
  with
  node
  operators
  earning
  up
  to
  5
  $HUDL
  per
  day
  during
  the
  testnet
• 21%
  of
  total
  TGE
  supply
  (200M
  $HUDL)
  will
  be
  offered
  as
  rewards
  for
  active
  nodes
  during
  the
  testnet
  phase,
  with
  immediate
  vesting
  and
  5%
  unlocked
  at
  TGE

Key
dates

• Whitelist
  Opens
  –
  9th
  October
• Whitelist
  Sales
  –
  6th
  November 
• Public
  Sales
  –
  8th
  November 

More
details
about
the
public
node
sale
launching
on
6th
November
can
be
found
here,
including
how
to
whitelist:

HERE.

-END-

About
Huddle01 

Huddle01
is
a
decentralized
real-time
communication
(dRTC)
network
for
audio
and
video
streaming
–
DePIN
for
RTC
–
that
has
clocked
in
6
million+
minutes
of
meetings
to
date.
The
dRTC
network
eliminates
the
dependency
on
centralized
servers
for
real-time
communication
across
the
globe. 

Huddle01
is
democratizing
connectivity
over
cyberspace
by
enabling
people
to
access
best
in
class
bandwidth
without
relying
on
local
physical
infrastructure.
The
network
has
raised
$6M
to
date
and
is
backed
by
marquee
angels
like
Balaji
Srinivasa,
Stani
Kulechov
and
leading
VC
funds
like
Hivemind,
Protocol
Labs,
Superscrypt,
Consensys
and
others. 

Huddle01
makes
it
possible
to
build
high-quality
audio/video
applications
in
minutes.
Leveraging
its
suite
of
SDKs,
multiple
web3
applications
have
integrated
the
composable
Huddle01
SDKs
as
their
video
communication
layer.
The
infrastructure
(developer
SDKs)
has
been
utilized
by
100
projects
including
Lens
Protocol,
Solana,
and
CyberConnect.
Soon
Huddle01
will
be
onboarding
1.5M
active
users
to
their
dRTC
network
with
upcoming
integrations.

To
learn
more
visit,

www.huddle01.com
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Contact

Senior
PR
Manager
Patrick
Kennedy
Serotonin
[email protected]