If your idea of a startup accelerator involves a WeWork in San Francisco and lukewarm coffee, BNB Chain would like a word. EASY Residency Season 4 is now accepting applications, and this time, selected builders will relocate to Gelephu Mindfulness City in Bhutan, a sovereign tech hub nestled in the Himalayas.

Applications opened on May 22 and close June 21 at 23:59 GMT-7. The program runs 10 weeks: five weeks online, followed by five weeks on the ground in Bhutan with housing, meals, and workspace covered. Selected teams can receive up to $500K in funding through YZi Labs’ Builder Fund.

What the program actually offers

EASY Residency Season 4 is run by YZi Labs, the entity formerly known as Binance Labs. YZi Labs now integrates its Most Valuable Builder (MVB) accelerator track directly into the residency framework, creating a pipeline that funnels early-stage projects from application through mentorship to potential funding.

The backing comes from YZi Labs’ $1 billion Builder Fund, which targets BNB Chain projects. Individual teams can tap up to $500K per project for early-stage founders working in Web3, AI, or biotech.