What is Lootboxes? It’s the item that can be opened to get some random things. You can get anything that you want, just try your fortune and get some usefull things, but mb not..
You may ask: “Why I should buy this?”. Cause you can get for example “Red hot wings” from chaos chest. Also you can use Golden key on Trove lootboxes to get only rare loot.
For some statistics you can watch this video To see all lootboxes check this