Huddle01, a Web3-based video meeting, and real-time communication platform has raised $2.8 million in a seed round led by Hivemind, with participation from Superscript, M31 Capital, Protocol Labs, East Ventures, Longhash Ventures, and Good News Ventures.

Huddle01 is a free decentralized video conferencing platform that allows wallets, dApps, DAOs, communities, and users to communicate in real-time. Huddle01 has implemented a three-pronged strategy to improve audio/video communication efficiency, reliability, and security, which includes a video meeting platform, a/v infrastructure, and a dRTC network. The platform has already logged over one million minutes of meeting time. Over 100 projects have been built on top of the infrastructure (developer SDKs). Furthermore, the dRTC network will do away with the need for centralized servers for real-time communication.

"Decentralization should be a slider, not a switch," says Ayush Ranjan, Co-founder, and CEO of Huddle01. "With its demand-first approach, Huddle01 plans to create enough demand on its infrastructure to ensure that when it launches the network with incentives, it becomes self-sustaining and self-propelling with better performance, privacy, and costings as compared to centralized incumbents."