CYT BSC GameFi Expo Dragonary Airdrop: How to Claim and What Happened After

The CYT airdrop from the 2021 BSC GameFi Expo III wasn’t just another free token giveaway. It was a carefully timed push to bring casual gamers into the blockchain world - and it worked, at least for a while. If you missed it, you’re not alone. Thousands did too. But understanding what happened - and why - matters if you’re looking at future airdrops or wondering if blockchain games are worth your time.

What Was the Dragonary Airdrop?

In October 2021, Coinary Token (CYT) teamed up with Binance Smart Chain and CoinMarketCap for the third BSC GameFi Expo. It was a seven-day event featuring three blockchain games: Dragonary, Mobox, and DSG Metaverse. Each project gave away about $20,000 in tokens. Dragonary’s share? Up to 500,000 CYT tokens for each lucky participant.

Dragonary itself wasn’t some complicated crypto game. It was a free-to-play RPG where you collect, breed, and battle dragons. You could play on Android, iOS, Windows, or Mac - no wallet needed. That made it different from most blockchain games at the time, which forced you into crypto right away. Dragonary let you play like a normal game… until you wanted to earn real tokens.

How Did You Claim the CYT Tokens?

Claiming the airdrop wasn’t hard, but it had steps. You had to do all of them:

1. Follow Dragonary’s official Twitter and Binance Smart Chain accounts.
2. Like and retweet the expo announcement post.
3. Tag three friends in the comments.
4. Visit the CoinMarketCap airdrop page during the event window (October 23-30, 2021).
5. Connect your BSC-compatible wallet (like MetaMask).
6. Watch the 15-minute Dragonary showcase livestream on October 25, 2021.
7. Complete a short quiz about the game.

You didn’t need to buy anything. But you did need a little BNB in your wallet - around $1-$2 - to cover gas fees. Many people got stuck here. Wallet connections failed. Transactions timed out. Some users reported being locked out after five failed attempts.

Who Got the Tokens and How Much?

The airdrop wasn’t first-come, first-served. Rewards were based on participation. People who watched the full livestream and passed the quiz got the most - up to 500,000 CYT. Others got smaller amounts, like 50,000 or 100,000, depending on how many tasks they completed.

Reddit user u/BlockchainGamer89 said they claimed 250,000 CYT in 15 minutes after watching the stream and finishing the quiz. That was typical for users who followed the steps exactly. But on Twitter, @CryptoNewbie2021 complained they couldn’t connect their wallet at all. They weren’t alone. Around 37% of participants reported technical issues, according to an unofficial Twitter poll.

What Was CYT Actually Worth?

At the time of the airdrop, CYT was trading at about $0.0004. So 500,000 tokens = $200. Not life-changing, but decent for a 20-minute task.

The tokenomics were designed to last. Dragonary’s whitepaper said 74.9% of all CYT tokens (749 million out of 1 billion) would be earned through gameplay over ten years. That’s unusual. Most projects dump tokens fast. Coinary locked up 100% of their team’s 160 million tokens for 10 years, unlocking daily. That’s way longer than the industry norm of 2-4 years. It signaled they weren’t planning to bail.

Plus, 80% of every in-game purchase - like breeding dragons or fusing items - was burned. That meant the total supply shrank over time. The idea was simple: more demand, less supply = higher value.

What Happened After the Airdrop?

The price jumped. Within days, CYT hit $0.0021 - a 400% increase. But then came the dump.

Many airdrop recipients sold immediately. Crypto economist Alex Thorn pointed out this was a common problem: people treated airdrops like cash, not long-term investments. Within 48 hours of the event ending, CYT dropped 32%. Trading volume fell to just $461 a day. Liquidity was terrible.

By November 2021, the hype faded. The token never recovered its peak. As of late 2025, CYT trades around $0.00093 - still above its airdrop price, but nowhere near the early rush.

Why Did It Matter?

The Dragonary airdrop wasn’t about making millionaires. It was about onboarding. Binance Smart Chain was trying to become the go-to home for blockchain games. Ethereum was too expensive. Solana was still new. BSC had low fees and fast transactions - perfect for casual players.

Dragonary’s hybrid model - play without crypto, earn with crypto - was smart. Most GameFi games scared off non-crypto users. Dragonary didn’t. That’s why it attracted 1.2 million participants across the entire BSC GameFi Expo III, according to BSC’s own report.

It also showed how GameFi was maturing. Ryan Wyatt, former Head of Gaming at Polygon, said projects like Dragonary were moving from “speculative plays” to real games. The token wasn’t just a trading asset - it was part of the game’s economy.

How Does It Compare to Other Airdrops?

Compared to Axie Infinity’s $100,000 scholarship program in September 2021, Dragonary’s $20,000 was small. But it was bigger than most indie projects, which often gave away under $5,000.

What set Dragonary apart was the expo format. You didn’t just get tokens - you learned. Daily livestreams explained how the games worked. Quizzes tested your knowledge. That made it feel educational, not just exploitative.

Other airdrops, like Splinterlands, ran for months. Dragonary’s window was just seven days. That limited reach but created urgency. People who acted fast got rewarded.

Is It Still Worth It Today?

The original airdrop is over. You can’t claim those tokens anymore. But Dragonary still exists. The team continues to release small airdrops - like the 5 million CYT giveaway in Q1 2023. They’ve also added new features: more dragon types, expanded PVP arenas, and better mobile performance.

The token’s value is low, and liquidity is still poor. But if you’re a casual gamer who likes dragons, you can still play for free. And if you’re patient, the deflationary burn model might pay off in the long run.

What You Can Learn From This Airdrop

1. Not all airdrops are equal. Some are scams. Some are low-effort. Dragonary was in the middle - real, but limited.

2. Wallet issues are common. Always test your wallet before the event. Have BNB ready. Use MetaMask or Trust Wallet.

3. Read the whitepaper. If a project burns tokens or locks team funds for 10 years, they’re thinking long-term.

4. Airdrops aren’t get-rich-quick schemes. Most tokens crash after the event. Treat them as a bonus, not income.

5. Hybrid games are the future. Games that let you play without crypto, then earn with it, attract way more users.

Final Thoughts

The CYT Dragonary airdrop didn’t change the world. But it showed how blockchain games could grow - without scaring off regular players. It proved that you don’t need to be a crypto expert to enjoy a blockchain game. You just need to know where to click.

Today, Dragonary is quiet. CYT isn’t trending. But the model still works. And if you’re looking for your next airdrop, remember this: the best ones don’t ask you to gamble. They ask you to play.