# Minting

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Passports will be pre-minted and sold in batches on Nitro Cartel’s custom AMM. Below is a schedule for each round.

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The fundamental functions enabling buying, selling, and minting will leverage the ERC-4626 tokenized vault standard.

This involves the `mint` and `deposit` function. These function involve minting  vault `shares` (passports) to receiver by depositing assets of underlying tokens, and granting ownership of shares to receiver.

**Initial Sale:**&#x20;

* **Date: December 4th**
* **800 Passports @ 0.4ETH**
