Wu said that YZi Labs announced the investment terms for its global incubation program EASY Residence, aimed at Web3, AI, and other fields. This program will invest $500,000 in each selected startup; the investment is divided into two parts: $150,000 will be used to purchase 5% equity in the form of a Simple Agreement for Future Equity (SAFE) (along with other rights, if applicable); in the next round of financing after the demo day, the startup will receive an additional $350,000 SAFE without cap.