PANews reported on September 26 that according to CoinDesk, the decentralized video conferencing project Huddle01 plans to raise $37 million through node sales to provide low-latency, censorship-resistant real-time connections, aiming to surpass Zoom and Google Meet. The first round of node sales will be open to whitelisted users on November 6 and will be available to the public on November 8, with a goal of raising $8 million. Huddle01 is developed based on the Orbit technology of Ethereum Layer-2 network Arbitrum, and the test network will be launched within two weeks after the sale ends. Node operators can receive token rewards by contributing network bandwidth, and about 21% of HUDL tokens will be allocated to node operators.