Huddle01, a decentralized Real-Time Communications Network based in Bangalore, India, is making waves in the world of communication technology. With the upcoming launch of its media node sale on November 6, 2024, Huddle01 is set to expand its video network and revolutionize the way we connect online.
The Huddle01 network is a multi-sided platform that includes Media Nodes, which provide dRTC bandwidth for participants and consumers of audio/video meetings. Since 2023, Huddle01 has already hosted an impressive 6 million meeting minutes for over 100,000 events, showcasing its capability and reliability in the decentralized communication space.
Decentralized Physical Infrastructure Network
Huddle01 stands out as the first Decentralized Physical Infrastructure Network (DePIN) for real-time communication (RTC) and audio/video conferencing. By coordinating unused internet bandwidth through node operators, Huddle01 enables seamless audio-video communication through its innovative dRTC network. This approach differs from traditional centralized RTC networks, which often face high operational costs and geographical latency issues.
Founded during the Covid-19 pandemic when Indian schools shifted online, Huddle01 was developed to replace centralized communication systems that route calls through distant servers, resulting in delays and poor performance for video conferencing. By reducing reliance on centralized data centers, Huddle01 significantly lowers developers’ server costs for audio and video calls, offering a cost-effective and high-performance communication solution.
Innovative Features and Web3 Integration
Huddle01’s app layer, Huddle01 Meet, integrates Web3-native tools that allow 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), highlighting the platform’s commitment to decentralization and security. Led by experienced CEO and Co-Founder Ayush Ranjan and Co-Founder and CTO Susmit Lavania, the Huddle01 team brings a wealth of expertise in RTC and token engineering.
Improved Latency with Media Nodes
Huddle01 Media Nodes play a crucial role in enhancing audio and video communication by providing the necessary bandwidth to encode, decode, and route audio/video packets seamlessly across the globe. CTO Susmit Lavania envisions capturing a significant market share in the web3 space by leveraging Huddle01’s network capabilities to meet the growing demand for real-time communication.
Node Sale Details and Key Dates
The upcoming Huddle01 Media Node Sale will feature 46,900 nodes available for purchase, with pricing starting at $320. The sale will be conducted in two phases, with Phase 1 offering 20,000 nodes to whitelist participants on November 6, followed by a public sale on November 8. Participants in Phase 1 will receive double rewards compared to Phase 2 participants, incentivizing early adoption of Huddle01’s Media Nodes.
To operate a node, a minimum requirement of a ~250 Mbps internet connection is recommended, although buyers can also delegate to minimize operating expenses. Following the sale, a testnet will launch, allowing node operators to earn up to 5 $HUDL per day during the testing phase. Additionally, 21% of the total Token Generation Event (TGE) supply will be allocated as rewards for active nodes during the testnet phase.
Exciting Opportunities Ahead
With key dates for the whitelist opening on October 9 and the public sales launching on November 6, Huddle01 is paving the way for a new era of decentralized real-time communication. By empowering node operators to contribute to a network that outperforms traditional web2 competitors on latency, Huddle01 is poised to drive innovation and efficiency in global communication services.
In Conclusion
Huddle01’s Media Node Sale represents a significant milestone in the evolution of decentralized communication networks. By leveraging unused internet bandwidth through Media Nodes, Huddle01 is revolutionizing the way we connect and communicate online. With a strong focus on decentralization, security, and cost-effectiveness, Huddle01 is poised to lead the charge in transforming the digital communication landscape. Stay tuned for more updates on Huddle01’s groundbreaking initiatives and the future of decentralized real-time communication.
