Vol. I, No. 1 Monday, August 31, 2026 The Sandbox — Governance Rights Report
The daily governance brief for DAO tokenholders

Probity Institute

The Sandbox — Governance Rights Report

Verdict

The Sandbox

SAND — Governance Rights Report
Tier 5 S4 — Token-to-Equity Conversion Assessment as of 2026-08-31
GSA-1 fail GSA-2 fail GSA-3 fail GSA-4 fail GSA-5 near-miss GSA-6 fail GSA-7 fail GSA-8 fail

Why this rating: Self-suspended DAO — SIP-39 'Pausing The Sandbox DAO' PASSED (closed 2026-02-24): dormant since 2026-04-01 (no SIP intake, no new funding decisions, minimum-maintenance mode); finance/assets/contracts responsibilities transferred to The Sandbox team + Foundation; no economic rights. SIP-39 PASSED 2026-02-24 — DAO dormant/self-suspended since 2026-04-01 (ApeCoin pattern); no SIP intake, no funding decisions, minimum-maintenance mode; Animoca Brands founder/insider concentration is structural

Where to Vote

Proposal History

ProposalTitleOutcomeClosed
0xd4e77cc754… SIP-39: Pausing The Sandbox DAO Passed February 25, 2026
0x93cf3747b0… SIP-38: The Sandbox DAO Art Commission Grant 2025 Closed December 24, 2025
0xaa5a051969… SIP-37: Metaverse Odyssey: Igniting Grassroots Brand Integration Closed October 29, 2025
0x694e55b680… SIP-36: LAND Estate Sales Closed October 15, 2025
0xa284590362… SIP-35: Magic Realms: create playable games in minutes Passed August 20, 2025

History from the Institute scanner and the 2026-08-31 recheck pulls (Snapshot Hub GraphQL / OpenSquare). Outcomes marked from recheck determinations where the proposal is named; otherwise the recorded state is shown.

Metrics

Curated metric — next quarterly update. On-chain revenue, treasury, and distribution-enforcement reads are not yet wired for this DAO's space in the Institute's state files; the quarterly re-assessment cycle will populate this block.

Structure & History

Structure: S4 — Token-to-Equity Conversion.

S1-S5 protocol business structure taxonomy, as-of 2026-08-27 (structure taxonomy date); scores as-of 2026-08-31 (first scored 2026-07-23)

2026-08-31 recheck — what changed

Source: https://snapshot.org/#/sandboxdao.eth/proposal/0xd4e77cc75434f71ac27e78cd62f92ec07e0cee59cc673c68f2a1949d56d99a4f

First scored 2026-07-23; rechecked 2026-08-31.