> For the complete documentation index, see [llms.txt](https://devai.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://devai.gitbook.io/whitepaper/0xpad-launchpad/what-is-0xpad.md).

# What is 0XPAD

**0XPAD** is a decentralized protocol and an extension to the ever evolving DEVAI utilities, which is built upon the foundation of successful crypto startups and utilities on the newly trending Solana blockchain.

<figure><img src="/files/NGbbGkBWQ76oVrXFevTG" alt=""><figcaption></figcaption></figure>

Project owners seeking to launch their tokens via an Initial DEX Offering (IDO) can now apply for consideration directly through 0XPAD. Our rigorous application process ensures that each project undergoes careful review by our expert team before approval, guaranteeing a high standard of quality and legitimacy. This transparent and thorough evaluation process reflects our commitment to fostering a vibrant ecosystem of promising projects on 0XPAD, empowering entrepreneurs to bring their visions to life on the blockchain.

5% of the raise amount will be charged as a fee for using 0XPAD platform and the full amount will be converted to Ethereum to be used for immediate buyback of 0XDEV token.


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