YZi Labs launches entrepreneurship acceleration project EASY Residence, investing $500000 in selected teams

On May 13th, according to official sources from YZi Labs, the company is recruiting for a 10 week offline startup acceleration project called EASY Residence, aimed at founders in the Web3, artificial intelligence, and healthcare fields. YZi Labs will invest $500000 for each selected team, including $150000 in a simple future equity agreement (SAFE) to obtain 5% equity, and an additional $350000 unlimited SAFE investment in the next round of financing after the demonstration day. The project will provide the founder with comprehensive support for their daily needs. The application deadline is 23:59 on May 21, 2025 (GMT-7).