Is this crypto halal? Shariah screening report
Blur
BLUR
- Price
- $0.015889
- Market cap
- $45.71M
- Circulating supply
- 2,876,606,151.541
- 24h change
- -2.33%
Report generated 8/27/2026, 6:34:27 PM · stored corpus assessment · confidence 88%
Crypto Halal Report Criteria
We use a disciplined framework to determine if a digital asset is Comfortable from a sharia perspective, based on three core pillars.
Purpose & Real-World Value Clear
The primary purpose of BLUR is to serve as a governance token for the Blur NFT marketplace, enabling holders to vote on protocol upgrades and changes. Additionally, the token provides utility through trading rewards and platform fee discounts. Users can stake BLUR tokens to earn a share of protocol fees.
Honesty & Founder Intent Clear
The token distribution includes allocations to the team, investors, and community, with vesting schedules in place. While there is a significant allocation to team and investors, the vesting schedules help align long-term incentives.
Dealing with Risk & Speculation Clear
Speculative trading of a real asset is treated as trade, not gambling, under the screening framework.
Crypto Overview
Purpose and Utility
The primary purpose of BLUR is to serve as a governance token for the Blur NFT marketplace, enabling holders to vote on protocol upgrades and changes. Additionally, the token provides utility through trading rewards and platform fee discounts. Users can stake BLUR tokens to earn a share of protocol fees.
Current Usage
Blur has gained significant traction in the NFT space, capturing substantial market share from competitors. The platform has processed billions in NFT trading volume, demonstrating genuine utility and adoption. On-chain data shows active daily users and consistent trading activity.
Business Model
Blur operates as a legitimate NFT marketplace aggregator, competing with established platforms like OpenSea. The platform generates revenue through trading fees and offers sophisticated trading tools for professional NFT traders. The business model is transparent and based on facilitating real asset exchange.
Development Activity
The project maintains active development with regular platform updates and feature releases. The team has delivered on roadmap commitments, including launching governance mechanisms and implementing platform improvements.
Token Distribution
The token distribution includes allocations to the team, investors, and community, with vesting schedules in place. While there is a significant allocation to team and investors, the vesting schedules help align long-term incentives.
Rating Justification
ComfortableFrom a Shariah compliance perspective, BLUR demonstrates several positive attributes. The token facilitates real asset exchange through NFT trading, operates with transparency, and provides genuine utility through governance and platform benefits. The platform does not engage in interest-bearing activities or gambling mechanisms. The core business of NFT trading and marketplace aggregation aligns with Islamic principles as it involves the exchange of digital assets with clear ownership transfer. While speculation exists in NFT trading, this does not affect the fundamental halal nature of the business model.
While we find this token comfortable to invest in from a Shariah-screening perspective, this does not imply we think it is a strong investment.
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Open report
Disclaimer: These reports are findings of AI analysis and cannot be guaranteed to be accurate. Ratings reflect opinions derived from automated criteria applied to the sources you submitted and a corpus of prior assessments. This is not a fatwa and does not determine Islamic law. Ratings may change as projects evolve. Always conduct your own research before investing.
- corpus