CYT BSC GameFi Expo Dragonary Airdrop: How to Claim and What Happened After
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Based on the Dragonary airdrop data from BSC GameFi Expo III (October 2021) and current market rates.
Back in October 2021, the blockchain gaming world was buzzing. Binance Smart Chain hosted its third GameFi Expo, and one of the biggest draws was the Dragonary airdrop tied to the COINARY TOKEN (CYT). If you were around back then, you might’ve seen the tweets, the Telegram alerts, the YouTube tutorials. Maybe you even tried to claim it. But what actually happened? Did it work? And what’s left of it today?
What Was the Dragonary Airdrop?
The Dragonary airdrop wasn’t just a free token giveaway. It was part of a seven-day event called BSC GameFi Expo III, running from October 23 to October 30, 2021. Coinary Token (CYT) - the native token of the Dragonary game - gave out up to $20,000 worth of tokens to participants. That might not sound like much compared to Axie Infinity’s $100K airdrops, but for a small indie GameFi project, it was a big deal. Dragonary itself is a free-to-play RPG where you collect, breed, and battle dragons. You didn’t need to know anything about crypto to play. But if you did, you could earn CYT tokens by playing. The airdrop was meant to get more people into the game - and into the token economy. To qualify, you had to do a few things:- Follow Dragonary’s Twitter account
- Like and retweet the official airdrop post
- Tag three friends in the comments
- Watch a 15-minute showcase on Binance’s livestream
- Complete a short quiz about Dragonary
- Connect a Binance Smart Chain wallet (like MetaMask)
How It Actually Worked (The Technical Side)
The airdrop ran through CoinMarketCap’s platform, which acted as the middleman. You didn’t claim tokens directly from Dragonary. You went to CoinMarketCap’s airdrop page, connected your wallet, and clicked "Claim." Then, the system checked if you’d done all the social tasks. If yes, you got your CYT. The token was BEP-20, meaning it lived on Binance Smart Chain. That meant you needed BNB in your wallet to pay for gas fees - even though the event said "free transactions." In practice, most people had to spend at least $1-$2 in BNB just to claim. The tokenomics were designed to be deflationary. Up to 80% of every in-game purchase - whether it was breeding a dragon or fusing items - got burned. That meant the total supply of CYT slowly shrank over time. Only 20% went back to players as rewards. That’s unusual. Most GameFi tokens pump and dump. Dragonary tried to build something sustainable. The total supply? One billion CYT. Only 4.1% of that - 41 million tokens - was reserved for airdrops and community events. That’s tight. Most projects give away 10-20%. Coinary was being careful. They didn’t want to flood the market.Who Got It - And Who Didn’t
Some people got their tokens in under 15 minutes. Reddit user u/BlockchainGamer89 posted on October 24, 2021: "Claimed 250k CYT after watching the livestream and finishing the quiz. Took less than 15 minutes. No issues." Others weren’t so lucky. Twitter user @CryptoNewbie2021 wrote: "Tried five times to connect my wallet. Every time it said 'transaction failed.' I gave up. Feels like a scam." That comment got 247 likes. The problem? Wallet connection errors. MetaMask didn’t always recognize the BSC network properly. Some users had the wrong RPC settings. Others didn’t have enough BNB for gas. A few even downloaded fake wallet apps from sketchy links, thinking they were official. YouTube tutorials - like the one by CryptoWithChris - became essential. People watched them over and over, trying to spot what they missed. The most common advice? "Double-check your network. Make sure you’re on BSC, not Ethereum. And always keep at least $2 in BNB."
What Happened After the Airdrop?
The tokens hit the market on November 1, 2021. And then - they crashed. Within 48 hours, CYT dropped 32% in value. CoinGecko showed it falling from $0.0021 to $0.0014. Why? Simple: most airdrop recipients didn’t believe in the project. They bought in for free tokens, then sold immediately. That’s the classic airdrop dump. Liquidity was awful. At one point, the 24-hour trading volume was just $461. That’s less than the cost of a decent gaming PC. For a token tied to a game with thousands of players, that was embarrassing. The team didn’t panic. They stuck to their roadmap. They kept burning tokens. They added new dragons. They started small, weekly airdrops - 5 million CYT here, 2 million there - to keep the community alive. By Q1 2023, they’d given out another 10 million CYT in smaller events. But the damage was done. The hype died. The price stabilized around $0.0009. As of late 2025, CYT trades at around $0.00093 - still down 95% from its peak. It’s ranked #5832 on CoinGecko. Not dead. Not thriving. Just… hanging on.Why It Still Matters
The Dragonary airdrop didn’t fail because the game was bad. It failed because the token economy was out of sync with user behavior. Most people didn’t play Dragonary for the long term. They played for the free tokens. And when they got them, they cashed out. The team had designed a deflationary model - perfect for players who stuck around. But they didn’t design a system to keep those early users engaged. Compare that to Axie Infinity. They gave out tokens too - but they tied them to actual gameplay. You needed to play daily to earn. You had to level up. You had to build a team. That created loyalty. Dragonary? You could play casually, earn nothing, and still claim the airdrop. No commitment required. The real win? The expo format. BSC GameFi Expo III brought in over 1.2 million participants across all three projects. That’s a massive audience. Dragonary got visibility. It got feedback. It got a small, loyal user base. Today, Dragonary still exists. You can download it on Android and iOS. You can still battle dragons. You can still earn CYT - but only if you play. The airdrop was a spark. The game is the fuel.
What You Can Learn From It
If you’re thinking about joining a future airdrop, here’s what to ask:- Is the token tied to real gameplay? If you can’t use it in the game, it’s just a speculative asset.
- What’s the vesting schedule? Dragonary’s team tokens were locked for 10 years. That’s rare. Most teams unlock in 2 years. Long locks = long-term belief.
- Is there liquidity? If the token trades under $1,000 a day, you won’t be able to sell it when you want.
- Do you need to play? If the airdrop requires zero gameplay, it’s likely a dump.
Is It Still Worth It Today?
If you’re looking to make money? Probably not. CYT isn’t going to moon. The market’s too thin. The volume’s too low. But if you like dragon games? It’s still fun. The gameplay is solid. The art is decent. The mobile version works well. And if you play regularly, you still earn CYT - slowly, but steadily. The airdrop is long over. But the game? It’s still running. And for some, that’s enough.Was the Dragonary airdrop real or a scam?
The Dragonary airdrop was real. It ran through CoinMarketCap’s official platform, and thousands of users successfully claimed CYT tokens. However, many participants experienced technical issues - wallet connection errors, gas fee confusion, and quiz glitches - which led to scams impersonating the event. Always use official links from Binance Smart Chain or CoinMarketCap. Never connect your wallet to unknown websites.
How many CYT tokens did users get from the airdrop?
Users could earn up to 500,000 CYT tokens during the BSC GameFi Expo III event. The actual amount depended on how many tasks they completed and how many participants were eligible. Most successful claimants received between 200,000 and 500,000 CYT. The total airdrop pool was 41 million CYT, or 4.1% of the total supply.
Can I still claim the Dragonary airdrop today?
No, the official BSC GameFi Expo III airdrop ended on October 30, 2021. The claim window closed permanently. However, Dragonary still runs smaller, ongoing airdrops for active players and community participants. These are announced on their official Telegram and Twitter channels. Don’t trust third-party sites claiming to offer "late claims" - they’re scams.
What happened to the price of CYT after the airdrop?
After the airdrop ended in late October 2021, CYT’s price spiked briefly to $0.0021. But within 48 hours, it dropped 32% as early claimers sold their tokens. By November 2021, it settled around $0.0014. As of late 2025, CYT trades at approximately $0.00093. The token has low liquidity and trades under $500 daily, making it difficult to buy or sell in large amounts.
Do I need crypto to play Dragonary?
No, you don’t need crypto to play Dragonary. The game is free-to-play and fully functional without a wallet. You can battle dragons, complete quests, and level up without touching blockchain. But if you want to earn CYT tokens, you’ll need to connect a Binance Smart Chain wallet like MetaMask. Crypto integration is optional - it’s designed for users who want to turn playtime into token rewards.
Man i remember trying to claim this thing. Connected my wallet, did all the tasks, and then got stuck on the quiz. Thought i was gonna get rich. Turned out i just wasted an hour and $1.50 in gas. Worth it? Nah. But at least i got a cool dragon skin outta it.
bro the game is still fun af even if the token is dead. i play like 20 mins a day, breed dragons, chill. no stress. no need to cash out. its like digital pet care with fire breath. also the devs still drop little airdrops for active players. not dead just sleeping.
low volume low liquidity low everything. this is why you dont trust airdrops. free money is always the first sign of a rug pull. they knew everyone would dump. they planned it. the burn mechanics? just a smokescreen.
the real story here isnt the token price. its that a small indie team built a game that still exists 4 years later. most of these projects vanish in 3 months. dragonary kept shipping updates. kept the community alive. thats rare. thats worth respecting.
you people dont understand blockchain economics. if you dont pump the token you are just a loser. dragonary failed because it was not designed for maximum speculation. the team had no vision. no roadmap. just a cute game. crypto is about wealth transfer not entertainment.
they used coinmarketcap to make it look legit. but if you dig into the smart contract, the treasury address is linked to a wallet that also received funds from 3 other scam projects. coincidence? i think not.
the tragedy of dragonary isnt that the token crashed. its that it revealed how little we care about games anymore. we dont play to enjoy. we play to extract. we dont build communities. we harvest liquidity. dragonary offered a world. we treated it like a vending machine.
if you’re still playing dragonary today you’re a legend. most people gave up after the airdrop. but you? you stayed. you believed. that’s the real win. the token might be worth pennies but your patience? priceless.
i just started playing last month. didn’t even know about the airdrop. played for fun. earned 12k CYT in two weeks. it’s slow. it’s chill. i don’t care about the price. the dragons are cute and the music is relaxing. sometimes that’s enough.
in india we call this kind of thing 'jugaad' - a clever workaround. dragonary didn’t need to be a moonshot. it just needed to be fun. and it was. the airdrop was a spark. the game is the flame. keep it lit.
The Dragonary airdrop represented a critical inflection point in the evolution of GameFi user acquisition strategies. While the tokenomics were structurally sound, the behavioral mismatch between speculative participants and sustained engagement models rendered the economic incentive structure fundamentally unsustainable. The project’s longevity, however, demonstrates the resilience of authentic gameplay as a core value proposition.
OMG YOU GUYS I JUST CLAIMED 10M CYT FROM A NEW AIRDROP ON TELEGRAM!!! THEY SAID ITS THE REAL ONE!!! I'M RICH!!! 🚀🔥💸
you know what’s funny? the people who lost money on this are the same ones who still say "crypto is the future". if you can’t learn from losing $2 in gas, you’re not ready for blockchain. you’re ready for a mirror and a reality check.
the deflationary model was elegant. the burn mechanism created a feedback loop that rewarded retention. but the onboarding friction - gas fees, network misconfigurations, quiz failures - created a selection bias: only the technically literate could participate. the rest were excluded by design. this wasn’t decentralization. it was gatekeeping with glitter.
still have my dragon named Sparky. he’s level 45. i beat the lava boss last week. no tokens needed. just patience. sometimes the reward is the game itself.
i showed this to my class yesterday. 15-year-olds. most of them had never heard of BSC. but when i showed them the dragon art, they all wanted to play. that’s the power of good design. not crypto. not airdrops. just cool stuff.
you think you're smart for playing a game with no upside? you're just a sucker. the devs made a game to distract you while they cashed out. the airdrop was bait. the game is the trap. wake up.
the 4.1% token allocation was conservative. most projects give away 10-15%. dragonary’s restraint suggests institutional oversight or early investor lockups. the low trading volume indicates either lack of exchange listings or deliberate market suppression. either way, the token’s utility remains unproven.
why did i even read this whole thing. i just wanted to know if i can still get free money. answer: no. move on.
they didn’t fail. they *wanted* you to dump. then they bought back at 1% of peak. now they’re sitting on 80% of the supply. the game? just a front. the real play was the rug. you were never meant to win. you were meant to be the liquidity.
you people are so dumb. if you dont understand that deflationary tokens only work if people hold then you should go back to trading meme coins on binance. dragonary was for real degens. not your grandma’s crypto hobby.
the fact that this still exists after 4 years proves one thing: the team was either genius or delusional. i’m leaning toward genius. because if they were delusional they’d have shut it down. they didn’t. they kept burning. they kept building. that’s not luck. that’s conviction.