YZI Labs’ EASY Residency Unites Binance’s CZ and Injective’s Eric Chen in a Vision to Build Beyond Nvidia

YZi Labs declared the initiation of its international incubation program named EASY Residence. Targeting founders with a vision in Web3, AI, healthcare, and other innovative areas, the program offers 10 weeks of in-depth, in-person mentorship, global networking, and operational support. EASY Residence’s mission is to assist the most promising entrepreneurs in overcoming the challenges of startup life. Furthermore, it helps them build, scale, and gain traction with their products.

Ella Zhang, the initiator of YZi Labs, provided an encouraging update on the commencement of the 10-week EASY Residency adventure. She also pointed out in her tweet that the foundational team, which consisted of Eric Chen, the CEO of Injective, and CZ of Binance, started the program with a sparse setup. The founders were given basic essentials, such as desks, chairs, books, and water bottles, as they embarked on their mission to create meaningful products. CZ sent a motivational message and encouraged the founders to create products that hook people, and hopefully, someday, their companies will be able to create more value than Nvidia. Eric Chen, the founder of Injective, also gave insight into his journey of building the project, which can be of great use to the new cohort of founders. The program provides an atmosphere of cooperation and development to ambitious entrepreneurs.

The program explains the essence of possessing a trusted community. Ella Zhang, the founder of YZi Labs, emphasizes that it is a pity to have so many great ideas that are not realized due to their potential, but rather due to the distractions people encounter along the way. By providing the residency program, YZi Labs will remove all these distractions. The founders will receive what really matters, including the opportunity to develop their products, establish their companies, and achieve actual traction.

Mentorship and Networking at the Core

One of the key features of the EASY Residence program is the direct engagement of industry leaders, including CZ of Binance, Jensen Huang of NVIDIA, and Bob Langer. They, along with a network of the world’s top mentors, offer invaluable insights and guidance to founders. Other notable founders, including Eric Chen (Injective) and Sandeep Nailwal (Polygon), among others, will also contribute to the program, sharing their experiences and lessons learned along the way.

In the program, founders receive a fully furnished accommodation, board, and seed capital to assist them in bootstrapping their companies. This alleviates the financial worry, allowing participants to concentrate fully on business and product development. Through this support, YZi Labs ensures that the founders have all the necessary resources to succeed in a highly competitive and rapidly evolving marketplace.

A New Era of Incubation for the Next Generation of Innovators

EASY Residence is not only an accelerator program, but also a comprehensive system for shaping the future of entrepreneurship. As mentioned by YZi Labs, the program is a natural progression of their earlier incubation activities. They have taken note of the success of the Binance Labs Incubation Program, which was launched several years ago. Focusing on sustainability, innovation, and community building, EASY Residence marks a milestone in the shift towards more effective support for entrepreneurs through incubation programs.

One of the most stressful points that Ella Zhang emphasizes, and also seconded by mentors such as Eric Chen, is that it is not what you do that makes you successful, but what you choose to do and concentrate on, and then do it better than anyone else. This culture has been instilled in the residency program, where founders are advised to eliminate distractions and focus on delivering outstanding results. Participants are expected to arrive at Demo Day with a well-developed product that can be adopted by the market and might even transform whole industries.

The EASY Residence program is currently accepting applications, offering aspiring founders the opportunity to become part of this global network. So you have an idea of what you want to create in Web3 or transform in healthcare? YZi Labs offers the space, infrastructure, and guidance to take your ideas to the limit. The introduction of the EASY Residence program is a significant step in creating an international community of progressive founders. With its unmatched resources and network of some of the best mentors, YZi Labs is helping to develop the next generation of businesses that will shape the future of our world.