PANews reported on May 15 that YZi Labs announced that it has appointed Cathy Dou as the incubation operations director, responsible for the 10-week offline incubation project EASY Residency, which will be launched on June 2. The first stop of the project is located in Silicon Valley, California, and it provides funding, accommodation, meals and mentor resource support for top startup teams in the fields of Web3, AI and healthcare. Subsequent plans are to expand to Singapore, Dubai and other places. Applications will close at 14:59 on May 22, Beijing time.