Huddle01 plans to raise $37 million through a public sale of nodes

according to CoinDesk, the blockchain-based video conferencing project Huddle01 will conduct a public sale of nodes on November 6, aiming to raise $37 million through this sale.

It is reported that Huddle01 has previously raised $6 million in funding from investors such as Hivemind, Balaji Srinivasan, Stani Kulechov, Dan Romero, and Juan Benet, aiming to provide a virtual meeting experience with lower latency than Zoom and Google Meet. The "dRTC Chain" supporting the project is a new EVM network built using the Orbit software stack technology from Arbitrum.