The Loot Network is a community-based protocol that was created for the purpose of utilizing the Cronos Chain for applications related to DeFi and The Metaverse. Its first project was the deployment of the LOOT token, on the Cronos Chain.
LOOT is a deflationary and ultra-sound currency designed specifically for economic participants of DeFi and The Metaverse, for utilizations such as NFT sales and as a medium of exchange for goods, services, and digital assets.