đ **Huddle01 to Raise $37M Through Node Sales for Decentralized Conferencing**
Huddle01, a blockchain project aiming to revolutionize virtual meetings, is set to raise up to $37 million through the sale of 49,600 "media nodes." The initial sale, starting Nov. 6 for whitelisted buyers, will offer 20,000 nodes for $8 million, with a public sale on Nov. 8. Built on Ethereum's Arbitrum layer-2, Huddle01 promises lower latency than Zoom and Google Meet.
Key Points:
- Nodes contribute excess bandwidth for token rewards.
- Test network launches two weeks post-sale.
- Decentralized setup aims to reduce costs and improve performance.
What are your thoughts on decentralized conferencing? Drop your comments below! đŹ