Huddle01's 'dRTC Chain' aims to offer lower latency virtual meetings compared to traditional platforms, planning to raise up to $37 million through node sales.
'These nodes will power a network that already outperforms the incumbent Web2 competitors on latency where there is a large cluster of nodes,' said CEO Ayush Ranjan.
The project will sell 49,600 media nodes, granting operators rewards through token distributions, which indicates a trend of blockchain projects raising funds through node sales.
The first node sale starting November 6 has a target of $8 million, with potential future raises bringing the total to $37 million if successful.
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