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

Back in October 2021, thousands of people rushed to claim free CYT tokens during the BSC GameFi Expo III. It wasn’t just another airdrop. It was part of a seven-day event hosted by Binance Smart Chain and CoinMarketCap, featuring three blockchain games: Dragonary, Mobox, and DSG Metaverse. Dragonary’s share? Around $20,000 in CYT tokens - up to 500,000 per person. But here’s the truth most guides won’t tell you: CYT didn’t explode after the airdrop. It didn’t vanish either. It just kept going - quietly, stubbornly - and that’s where the real story begins.

What Was the Dragonary Airdrop?

The Dragonary airdrop wasn’t a random giveaway. It was a carefully planned part of Binance Smart Chain’s push to grow its GameFi ecosystem. At the time, BSC had over 100 million unique addresses and 2.5 million daily users. GameFi was booming - users were up 2,000% year-over-year in 2021. Dragonary, developed by Coinary, was one of the chosen projects to attract casual gamers who didn’t know what a wallet was - and crypto natives who did.

The CYT token was built on BEP-20, meaning it ran on BSC. Its total supply? One billion tokens. But here’s the twist: only 4.1% of those - 41 million tokens - were ever meant for airdrops and community events. The rest? 74.9% went to in-game mining. That means if you played Dragonary, you could earn CYT over time by fighting dragons, breeding them, or fusing items. The airdrop was just the entry ticket.

How Did You Actually Claim It?

Claiming the CYT airdrop wasn’t plug-and-play. You had to jump through a few hoops:

1. Follow Dragonary’s official Twitter and Coinary’s account
2. Like and retweet the airdrop announcement
3. Tag three friends in the comments
4. Visit the CoinMarketCap airdrop page during the event window (Oct 23-30, 2021)
5. Connect your BSC-compatible wallet (MetaMask, Trust Wallet, etc.)
6. Watch the 15-minute Dragonary showcase livestream on BSC’s channel
7. Complete a short quiz based on what you watched

You also needed a little BNB in your wallet - not for the airdrop itself, but for gas fees. Many people got stuck here. If your wallet didn’t have even $1 in BNB, the transaction failed. No warning. No help. Just a red error message.

YouTube tutorials back then showed the process taking 10 to 20 minutes - if everything worked. But Reddit and Twitter were full of complaints. One user said they tried five times to connect their wallet and kept getting “transaction failed.” Another said they completed everything but never got their tokens. The official Telegram group had 12,500 members. Half of them were asking for help. Support? Slow. Response time? 2 to 4 hours. And most of the answers were: “Try again later.”

Why Did People Care About CYT?

Because Dragonary wasn’t like most crypto games. You didn’t need to know what a blockchain was to play. It was a free-to-play RPG on Android, iOS, Windows, and Mac. You could build dragon armies, battle in PVE and PVP modes, and earn loot - all without touching crypto. But if you had a wallet? You got paid in CYT.

The tokenomics were unusual. Up to 80% of every in-game purchase - whether buying dragon eggs, breeding fees, or fusion costs - got burned. That meant the total supply of CYT slowly shrank over time. The other 20% went to players as rewards. That’s not common. Most GameFi projects print new tokens endlessly. Dragonary tried to make scarcity work for players.

The team’s token allocation was also different. Only 16% went to investors. 5% went to the development team - but locked for 10 years, unlocked daily. That’s rare. Most teams lock tokens for 2 to 4 years. This wasn’t a “pump and dump” setup. It was a long play. Whether it worked? That’s another story.

What Happened After the Airdrop?

The hype was real. CYT hit a peak of $0.0021 in early November 2021. Then came the dump.

Within 48 hours of the airdrop ending, the price crashed 32%. Why? Because a lot of people who claimed the tokens had no intention of playing. They just wanted to cash out. That’s the classic airdrop trap: free tokens → immediate sell-off → price collapse.

Trading volume dropped to $461 in late October. That’s tiny. Liquidity was a mess. You couldn’t trade CYT on big exchanges. Only on small DEXs like PancakeSwap. And even then, slippage was high. People who held onto their tokens watched them sit at $0.0009 for months.

Messari called it “strategically timed but modest in scale.” Compared to Axie Infinity’s $100,000 airdrop or Gala Games’ $1 million giveaway, Dragonary’s $20,000 was small. But it wasn’t a scam. It was a test. A way to get real players into a game that didn’t force crypto on them.

Is Dragonary Still Alive?

Yes. But barely.

As of 2026, Dragonary still exists. The game runs. You can still download it. You can still play, fight dragons, and earn CYT through gameplay. The team released small airdrops - like a 5 million CYT giveaway in Q1 2023 - to keep the community alive.

But the roadmap? Lagging. They planned to integrate Dragonary with other Coinary games by Q2 2022. Only 45% of those integrations were done by Q3 2022. No updates since. The CYT token trades at around $0.0009 - still far below its peak. Market cap? Around $900,000. Ranked #5832 on CoinGecko.

The project didn’t die. It just stopped growing. It survived because it never promised moonshots. It never required you to stake your life savings. It just gave you a game - and a token that rewarded you if you stuck around.

What Can You Learn From This Airdrop?

1. Not all airdrops are created equal. Some are marketing stunts. Others are real user onboarding tools. Dragonary was the latter.

2. Gas fees kill more airdrops than scams. If you don’t have BNB in your wallet, you won’t get your tokens - no matter how many tweets you retweet.

3. Don’t chase the price. CYT’s crash wasn’t because the game was bad. It was because people treated it like a lottery ticket. If you play the game, the token has value. If you just claim and sell, you’re part of the problem.

4. Long-term vesting matters. The team locked 5% of tokens for 10 years. That’s a signal. Most teams don’t do that. It doesn’t guarantee success - but it means they’re not planning to vanish.

5. Hybrid games win. Dragonary let non-crypto users play without wallets. That’s rare. Most GameFi projects lock you out unless you’re deep in crypto. Dragonary didn’t. That’s why it survived.

Should You Still Try It?

If you’re curious about blockchain games and want to try something low-risk - yes.

Download Dragonary on Google Play or the App Store. Play for fun. See if you like it. If you already have a BSC wallet, connect it. You might still earn small amounts of CYT through daily quests or events. It’s not going to make you rich. But it’s not a dead project either.

If you’re looking for the next big airdrop? Look elsewhere. Dragonary’s big moment was in 2021. But if you want to play a game that doesn’t scream “invest now,” and actually lets you enjoy it without stress - it’s still worth a try.

Common Mistakes People Made

• Not having BNB in wallet - failed transactions
• Skipping the livestream - disqualified
• Using a wallet not connected to BSC - tokens never arrived
• Claiming on a fake CoinMarketCap page - wallet drained
• Expecting instant profits - CYT didn’t pump after airdrop

The biggest mistake? Thinking the airdrop was the end goal. It wasn’t. It was the beginning. And most people didn’t stick around to see what came next.