Huddle01 Prepares for ICO to Boost Decentralized Communication
Huddle01 is set to launch its ICO on October 29, 2024, aiming to expand its decentralized communication platform and attract new investors.
Huddle01, a decentralized communication platform, is preparing for an upcoming Initial Coin Offering (ICO) scheduled to begin on October 29, 2024. This launch is part of their larger vision to revolutionize online communication by providing a decentralized, efficient, and secure infrastructure. Built on the Ethereum blockchain, Huddle01's mission is to create a platform that offers users more autonomy and security, without control from centralized entities.
Huddle01 started at the ETHGlobal Hackathon in 2019 and has since developed into a full platform. It has launched its own Video Meeting dApp and communication infrastructure, and is working on building the first decentralized real-time communication (dRTC) network. The goal is to onboard 100 million users by 2026, enabling decentralized connections for people worldwide.
In April 2023, Huddle01 successfully raised $4.5 million in a seed round. Notable investors include LongHash Ventures, Stani Kulechov, and Balaji Srinivasan, along with other prominent figures in blockchain. LongHash Ventures led the seed round, which also saw support from angel investors such as Stani Kulechov (founder of Aave) and Balaji Srinivasan, who share Huddle01’s vision for decentralized communication.
The upcoming ICO on StarLaunch marks a significant step forward, offering new investors a chance to join the project. The ICO will help scale Huddle01's operations and expand its user base. Native tokens will be offered, which can be used to access services and participate in governance within the platform.
Huddle01's future roadmap includes expanding its communication infrastructure and developing its decentralized real-time communication network. By introducing decentralized protocols for video conferencing, messaging, and other services, Huddle01 aims to challenge centralized platforms, offering a privacy-focused and equally robust alternative.
The upcoming ICO is a key opportunity for investors and supporters of decentralized communication technologies to contribute to Huddle01's growth. The project seeks to transform online communication, making it more secure and accessible. Investors can expect further updates as the ICO approaches, with more details about the token’s utility and long-term vision.
In summary, Huddle01 is poised to disrupt the communication industry with its decentralized platform. The upcoming ICO is a critical milestone, as Huddle01 aims to provide users with more control over their communication and ensure a transparent and secure experience.
