PANews reported on May 9 that according to official news, YZi Labs announced the launch of EASY Residence, a 10-week offline global incubation program, focusing on Web3, AI and healthcare, aiming to remove distractions and provide a focused entrepreneurial environment for the top 1% of founders who have the courage to solve difficult problems. The program will be launched in Silicon Valley, California on June 2, 2025 and end on August 10, when a Demo Day will be held. The 10-20 selected teams will present their product results to well-known venture capital firms in the industry and obtain potential investment opportunities. The mentor lineup includes industry leaders such as Binance co-founder CZ and Ethereum co-founder Vitalik Buterin, who will provide long-term guidance and support to entrepreneurs. Applications are currently open and will close at 23:59 (GMT-7) on May 21.