Is this crypto halal? Shariah screening report
Eesee
ESE
- Price
- $0.010524
- Market cap
- $14.49M
- Circulating supply
- 1,377,305,381.905
- 24h change
- -8.85%
Report generated 8/30/2026, 7:51:49 PM · confidence 78%
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 token has identifiable utility: Eesee serves as a token within a marketplace for collectibles and NFTs.
Honesty & Founder Intent Clear
Current supply is 1,380,276,482.27140883 with 1,377,238,692.26479283 in circulation.
Dealing with Risk & Speculation Clear
Price volatility and speculative trading, by themselves, do not make the asset Uncomfortable. No zero-sum gambling product was identified as the core use.
Crypto Overview
Purpose and Utility
Eesee is a cryptocurrency launched to operate within the Ethereum ecosystem, specifically designed to serve as a token within a marketplace for collectibles and NFTs. Its primary function is to facilitate transactions in this digital marketplace, providing users with a means to buy, sell, and trade various digital assets.
Current Usage
Eesee is actively traded on 41 markets, indicating a level of adoption and usage within the cryptocurrency community. This trading activity suggests that users are engaging with the token for its intended purpose in the NFT and collectibles space.
Business Model
The business model for Eesee is not explicitly detailed in the provided information. However, it can be inferred that the token's utility within the marketplace for collectibles and NFTs drives its value and demand.
Development Activity
Launched in 2023, Eesee operates on the Ethereum platform. The development activity appears to be ongoing, although specific details regarding future updates or enhancements are not provided.
Token Distribution
The current supply of Eesee is 1,380,276,482.27140883, with 1,377,238,692.26479283 tokens currently in circulation. This distribution indicates a relatively high level of circulating supply, which may impact market dynamics.
Rating Justification
ComfortableThe rating of Comfortable is based on several key factors. Eesee has identifiable utility within a marketplace for collectibles and NFTs, which aligns with its intended purpose. The founder's intent appears to be focused on creating a legitimate platform for digital assets, and there is no indication of speculative trading being the core use of the token. Additionally, the absence of zero-sum gambling products further supports a Comfortable rating.
- Identifiable utility within a marketplace for collectibles and NFTs
- No evidence of riba or maysir in the core use of the token
- Founder intent appears focused on legitimate use
- Active trading on multiple markets indicates user engagement
While the business model is not explicitly defined, the token's utility in facilitating transactions within a digital marketplace provides a foundation for its value. Further transparency regarding revenue generation and future development plans would enhance the overall assessment.
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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.