> For the complete documentation index, see [llms.txt](https://lazywalkers.gitbook.io/lazywalkers-litepaper-v1.0/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://lazywalkers.gitbook.io/lazywalkers-litepaper-v1.0/nfts/mint.md).

# MINT

## Minting process&#x20;

The MINT of the first part  of collection (1000 NFTs) will take place on **xoxno.com** in the beginning of **Q2/2023**. The announcement of the minting date will be at least 14 days in advance so that all interested investors can prepare for this date.

There will be 2 batches. The first batch will be giving priority to whitelisted and OG members. The second batch will be open to the public.

Minting will be done in the following way:

**First batch :**&#x20;

* Only for OGs & whitelisted members
* 0.33 $EGLD /NFT or FREE mint
* 10 per wallet maximum

**Second batch :**&#x20;

* Opened to public
* 0.5 $EGLD /mint&#x20;
* No max per wallet

## Mint funds&#x20;

Once the MINT is completed, the funds raised will be distributed as below:

<figure><img src="/files/7lOXjwA7m4FGNs3OwrU2" alt=""><figcaption></figcaption></figure>

**Lazywalkers DAO investment fund**

50% of the total mint revenue will be sent to the investment wallet. Only holders will have the power to decide how to use the funds in this wallet through the DAO.

#### Team

30% of the total mint revenue will be sent to the team wallet.

This part of the income will be used to pay for all costs associated with the Lazywalkers collection.

These funds will also be used for the further development of the project

#### Marketing & Advisors

This part of the funds will be used to cover the costs for marketing cooperation and consultants. This fund will also pay for future marketing.

\
ROYALTIES
---------

Royalties will be set at 10% and will be used for the future improvements of Lazywalkers project, weekly giveaways, contests and entertainment competitions, as well as to cover necessary expenses related to the project
