Lootproject.com describes Loot as
Loot is randomized adventurer gear generated and stored on chain.
Stats, images, and other functionality are intentionally omitted for others to interpret.
Feel free to use Loot in any way you want.
To my knowledge @dom has not explicitly stated Loot’s license. In order to build this ecosystem to its fullest potential, I believe we need clarity on the Loot IP license.
@dom, is Loot CC0?