LittleGhosts Ectoplasm or ECTO is an utility token that helps govern the LittleGhosts ecosystem and power the MMO.
ECTO is designed to be a utility token surrounding the LittleGhosts Ecosystem. It is used to govern the ecosystem in the DAO and also used as the currency in the game. Holders of the token can vote for proposals in the DAO and they can also spend the token on items in game. They can purchase many other things in game including player owned houses, armor, weapons, cosmetics, and more.
The most important feature of ECTO is it is used to create xECTO NFTs which give you an multiplier in game that affects the size of your play to earn drops. The higher your multiplier, the higher your currency drops will be in game.