According to BlockBeats, blockchain-based video conferencing project Huddle01 is set to conduct a node public sale on November 6, aiming to raise $37 million.

Previously, Huddle01 secured $6 million in funding from investors including Hivemind, Balaji Srinivasan, Stani Kulechov, Dan Romero, and Juan Benet. The project aims to offer a virtual meeting experience with lower latency compared to platforms like Zoom and Google Meet. The supporting 'dRTC Chain' is a new EVM network built using Arbitrum's Orbit software stack technology.