YZi Labs Startup Acceleration Program Upgrade: Year-round Rolling Recruitment, Up to $500,000 Investment Support for Web3 and AI Projects

【ChainNews】YZi Labs announces a major upgrade to its EASY Residency Startup Acceleration Program. Starting from Q3, the previously quarterly batch model will be replaced with a year-round rolling admission, allowing more entrepreneurs to join.

To provide better localized services, the accelerator has established long-term startup centers in New York and the San Francisco Bay Area, creating a complete startup ecosystem for selected projects. In terms of funding, each project can receive up to $500,000 in support, including $150,000 SAFE investment plus an additional $350,000 under an unlimited SAFE agreement.

In addition to funding, selected teams will also receive office space, housing stipends, and technical resources from strategic partners such as Amazon AWS.

In terms of development focus, the accelerator mainly concentrates on three major areas: Web3, AI, and biotechnology. Specifically, they are looking for early-stage projects in fields such as on-chain trading markets, stablecoins and payment infrastructure, tokenization of real-world assets, enterprise AI agents, robotics technology, and new drug development.

Every year, three global Demo Days will be organized, providing projects with opportunities to showcase to investors. The first Demo Day is scheduled for April during the TOKEN2049 conference in Dubai. The lineup of mentors and speakers is also quite impressive, including Binance co-founder Zhao Changpeng, He Yi, and Ethereum co-founder Vitalik Buterin, among other industry experts.