[PRESS RELEASE – Bangalore, India, September 26th, 2024]
The Huddle01 decentralized Real-Time Communications Network is a multi-sided network with Media Nodes, suppliers of dRTC bandwidth for participants and consumers of audio/video meetings.
On November 6, 2024, Huddle01, a leading decentralized real-time communications layer, will launch its media node sale. Huddle01 is setting new standards in decentralized communication, offering a robust and efficient solution to the challenges faced by traditional real-time communication (RTC) providers. Since 2023, Huddle01 has hosted 6 million minutes for more than 100,000 events.
The first dRTC Network
Huddle01 is the first Decentralized Physical Infrastructure Network (DePIN) for RTC or audio/video conferencing. Huddle01 coordinates unused internet bandwidth through node operators to enable seamless audio-video communication via its innovative decentralized, or dRTC network.
Unlike most DePINs, Huddle01 is built from the demand side, addressing the high operational costs and geographical latency issues faced by centralized RTC networks. Founded during Covid-19 as Indian schools moved online, Huddle01 replaced centralized communication systems, which route calls through distant servers — often halfway across the world — causing significant delays and poor performance for video conferencing.
By reducing the reliance on centralized data centers, Huddle01 also minimizes developers’ server costs for audio and video calls by up to 95% compared to AWS, ensuring cost-effective and high-performance communication.
Huddle01’s app layer Huddle01 Meet integrates Web3-native tools, allowing 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), emphasizing the platform’s commitment to decentralization and security.
Led by CEO and Co-Founder Ayush Ranjan and Co-Founder and CTO Susmit Lavania, Huddle01 has an experienced team with 15+ years in RTC and 5+ years of token engineering. Key leadership positions at Huddle01 are held by alumni of BlockScience,
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Author: Chainwire