Is this crypto halal? Shariah screening report
The Sandbox
SAND
- Price
- $0.038752
- Market cap
- $113.84M
- Circulating supply
- 2,937,639,702.373
- 24h change
- 0.62%
Report generated 8/27/2026, 6:34:28 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 Sandbox is a decentralized virtual gaming world built on the Ethereum blockchain. Users can create, own, and monetize their gaming experiences using SAND, the platform's utility token. The token serves multiple purposes: governance rights, staking, purchasing virtual land (LAND) and in-game assets, and participating in the game ecosystem.
Honesty & Founder Intent Clear
The initial token distribution allocated 25.82% to the company reserve, 17.18% to the team and advisors, and the remaining spread across seed sale, strategic sale, and public sale. Vesting periods were implemented for team and advisor allocations to prevent immediate selling.
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 Sandbox is a decentralized virtual gaming world built on the Ethereum blockchain. Users can create, own, and monetize their gaming experiences using SAND, the platform's utility token. The token serves multiple purposes: governance rights, staking, purchasing virtual land (LAND) and in-game assets, and participating in the game ecosystem.
Current Usage
The Sandbox has secured partnerships with major brands including Warner Music Group, Ubisoft, and Gucci, demonstrating legitimate business adoption. The platform reports active users engaging in creating and trading virtual assets, though exact numbers fluctuate.
Business Model
The platform's core business model revolves around creating and trading virtual assets, gaming experiences, and digital real estate. The model appears transparent and doesn't inherently involve prohibited activities like gambling or interest-based lending. While some user-created content could potentially include inappropriate material, the platform has community guidelines to prevent this.
Development Activity
There is consistent development activity with regular updates and improvements to the platform. The development team maintains an active GitHub repository and frequently releases new features and partnerships.
Token Distribution
The initial token distribution allocated 25.82% to the company reserve, 17.18% to the team and advisors, and the remaining spread across seed sale, strategic sale, and public sale. Vesting periods were implemented for team and advisor allocations to prevent immediate selling.
Rating Justification
ComfortableFrom a Shariah compliance perspective, The Sandbox demonstrates legitimate utility through its virtual world platform and ecosystem. The token serves clear purposes including governance, asset purchases, and platform interaction. While the platform includes speculative elements through virtual land and asset trading, these involve actual ownership transfer of digital assets and create tangible utility for users. The business model doesn't inherently involve prohibited activities like gambling or interest-based transactions. While some user-created content could potentially include inappropriate material, the platform's guidelines and moderation aim to prevent this.
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.
Comparable assessments
Axie Infinity AXS
ComfortableComfortable — From a Shariah compliance perspective, Axie Infinity demonstrates legitimate utility through its gaming ecosystem and digital asset ownership model. The platfor
Open reportApeCoin APE
ComfortableComfortable — Based on our analysis, ApeCoin demonstrates legitimate utility within its ecosystem and operates with transparency. The token serves clear purposes in governanc
Open reportDEAPcoin DEP
ComfortableComfortable — Based on our analysis, DEAPcoin demonstrates clear utility through its gaming platform and NFT marketplace. The token serves legitimate purposes within its ecos
Open reportDecentraland MANA
ComfortableComfortable — From a Shariah compliance perspective, MANA demonstrates several positive attributes: 1) It represents actual ownership of a utility token with clear use cases,
Open reportECOMI OMI
ComfortableComfortable — Based on our analysis, ECOMI (OMI) operates as a utility token within a legitimate business ecosystem. The token serves clear purposes within the VeVe platform
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