YZi Labs Announces Global Incubation Program EASY Residence Investment Terms

BlockBeats News, May 13th, According to official sources, YZi Labs announced the investment terms for the global incubation program EASY Residence targeting the Web3, AI, and other fields.

This program will invest $500,000 in each selected startup; this investment is divided into two parts:

1. In the form of a Simple Agreement for Future Equity (SAFE), $150,000 to purchase 5% of the equity (plus any additional rights, if applicable).

2. After the demo day, in the next round of funding, the startup will receive an additional unlimited SAFE of $350,000.

Previously, YZi Labs announced the launch of EASY Residence, a 10-week global incubation program aimed at early-stage teams in the Web3, Artificial Intelligence (AI), and healthcare sectors. The first phase of the project will launch on June 2, 2025, in Silicon Valley, California, USA, where 10 to 20 selected teams will receive support, ending on August 10, 2025. Applications are now open, with a deadline of May 21, 2025.