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:- Follow Dragonary’s official Twitter and Coinary’s account
- Like and retweet the airdrop announcement
- Tag three friends in the comments
- Visit the CoinMarketCap airdrop page during the event window (Oct 23-30, 2021)
- Connect your BSC-compatible wallet (MetaMask, Trust Wallet, etc.)
- Watch the 15-minute Dragonary showcase livestream on BSC’s channel
- Complete a short quiz based on what you watched
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
Was the Dragonary airdrop real or a scam?
It was real. The CYT tokens were distributed through CoinMarketCap’s official airdrop page during the BSC GameFi Expo III. The tokens were sent to wallets that completed the required steps. However, many users got scammed by fake websites pretending to be the official page. Always use the CoinMarketCap link - never click on ads or Twitter DMs.
Can I still claim Dragonary CYT tokens from the 2021 airdrop?
No. The airdrop window closed on October 30, 2021. The event was time-limited, and no extensions were made. Any website claiming you can still claim those tokens is fraudulent.
How many CYT tokens did people actually receive?
The maximum possible was 500,000 CYT per person. But most users received between 50,000 and 250,000 CYT, depending on how many steps they completed. Those who watched the full livestream and passed the quiz got the highest amounts. Many got less due to incomplete actions or technical issues.
Is CYT still tradable today?
Yes, but only on decentralized exchanges like PancakeSwap. It’s not listed on Binance, Coinbase, or any major exchange. Trading volume is low - under $500 per day - so liquidity is poor. Selling large amounts will likely cause a sharp price drop.
Do I need to hold CYT to play Dragonary?
No. Dragonary is free to play without a wallet or any crypto. You can build dragons, fight battles, and earn in-game items without touching CYT. The token is only needed if you want to trade, stake, or access premium features tied to the blockchain economy.
Why did the price of CYT drop so hard after the airdrop?
Because many airdrop recipients sold immediately. The token had no major exchange listings, low liquidity, and no clear use case outside the game. When a large group of people sells the same asset at once, the price crashes. This is common in GameFi airdrops - not unique to CYT.
Is Dragonary still being updated?
Updates have slowed significantly since 2022. The team released small airdrops in 2023 and maintains the game, but major features like cross-game integrations haven’t been completed. The project is alive but not growing. Don’t expect new content unless the team announces it officially.
What’s the best way to earn CYT now?
Play Dragonary regularly. Complete daily quests, win battles, and participate in limited-time events. The game still distributes CYT through gameplay - especially for players who log in daily. The airdrop is over. The only way to earn now is by playing.
Brooklyn Servin
Okay but let’s be real - the real scam wasn’t the airdrop, it was the fact that you had to watch a 15-minute livestream just to get 50k tokens 😭 I sat through that whole thing while my cat walked across my keyboard and still got a failed transaction. BNB gas fees killed more people than the bear market. 🐱💸
Gavin Hill
People treat airdrops like free money when they’re really just entry tickets to a game that might not even be fun. The token was never meant to pump. It was meant to bind players to a world that rewards patience. Most just wanted a quick flip. That’s not the project’s fault. That’s human nature.
SUMIT RAI
Wait so you’re telling me this wasn’t a rug pull because the team locked 5% for 10 years?? Bro that’s the dumbest excuse I’ve ever heard. Locking tokens for a decade doesn’t make a dead game alive. It just means they’re lazy and hiding. 🤡
Andrea Stewart
So many people missed the point because they didn’t have BNB in their wallet. That’s not a flaw in the airdrop - that’s a flaw in how we onboard new users. If you’re building a game for casual players, you can’t assume they know what gas fees are. The team should’ve provided a simple BNB top-up button right on the claim page. Simple fix. Big impact.
Also - the burn mechanism was actually brilliant. 80% of purchases burned? That’s deflationary design done right. Most GameFi projects just print endless tokens like they’re printing Monopoly money. Dragonary tried to make scarcity work for players, not just investors.
And yes, the price crashed. But that’s because 90% of claimants were degens. The people who stuck around? They’re still playing. They’re still earning. They don’t care about the chart. They care about their dragon collection.
Don’t judge a project by its airdrop dump. Judge it by its daily active users. Dragonary still has them. That’s rare.
And if you’re reading this and thinking ‘I should’ve claimed it’ - you’re not alone. But the real lesson? Next time, make sure your wallet has $2 in BNB before you even click ‘claim’. It’s the difference between getting tokens and getting nothing.
Also - the quiz was easy. Just pay attention during the stream. Don’t scroll TikTok while pretending to watch.
Elisabeth Rigo Andrews
Let’s cut through the crypto-washing. Dragonary was a low-effort, low-budget play on the GameFi hype train. They didn’t innovate - they piggybacked. The tokenomics were gimmicky, the liquidity was trash, and the team’s ‘10-year lock’ was just PR theater. If you think locking tokens for a decade makes you ethical, you’ve never seen a founder’s wallet dump after 11 years.
The real tragedy? This project could’ve been something. But they didn’t build a community - they built a waiting list. And when the airdrop ended, the community evaporated. No updates. No roadmap. Just silence.
Don’t romanticize stagnation. Dragonary didn’t survive because it was noble. It survived because nobody bothered to shut it down.
Adam Hull
Let’s be brutally honest - Dragonary was a glorified beta test for BSC’s GameFi ambitions. They used real people as guinea pigs. The airdrop wasn’t a gift. It was a data point. The 12,500 Telegram members? Not a community. A sample size. The ‘long-term vesting’? A marketing slide. The token’s current price? A statistical outlier with no real utility.
People who say ‘it’s still alive’ are mistaking persistence for success. A dead man doesn’t stop breathing until rigor mortis sets in. Dragonary is in that phase. The game runs. The tokens exist. But the vision? Dead.
And don’t get me started on the ‘hybrid model.’ Letting non-crypto users play without wallets? That’s not innovation - it’s cowardice. If you’re building on blockchain, commit. Don’t half-ass it and call it ‘accessible.’
Johnny Delirious
To everyone who says Dragonary failed - I say you’re missing the point. This wasn’t a financial instrument. It was an experiment in user onboarding. And in that, it succeeded. Thousands of people who had never touched a wallet now have one. They learned gas fees. They learned wallets. They learned blockchain games aren’t just about pumping tokens. They learned patience. That’s a win.
The token didn’t moon. But the players? They grew. And that’s the only thing that matters in Web3.
Keep playing. Keep earning. Keep believing in slow wins.
Bianca Martins
I still play Dragonary on my phone during lunch breaks. No, I didn’t make money. But I’ve got a dragon named Sir Fluffington who beats me in PVP every time 😂
The airdrop was messy, the gas fees were brutal, and the token’s worth less than my coffee. But the game? Still fun. That’s rare these days.
PS: If you’re reading this and thinking ‘I should’ve claimed it’ - you’re right. But next time? Always have BNB. Always watch the stream. Always do the quiz. No excuses.
alvin mislang
People who still defend Dragonary are the same ones who bought Bitcoin at $40k and still think it’s ‘undervalued.’ You’re not a player. You’re a delusional apologist. The team locked 5% for 10 years? Big deal. That’s like locking your car keys in the glovebox and calling it ‘security.’ The car’s still stolen.
They didn’t build a game. They built a graveyard with a login screen.
Monty Burn
Maybe the real lesson isn’t about airdrops or tokens or gas fees. Maybe it’s about how we assign meaning to things we don’t understand. We call it a scam because it didn’t pump. We call it a success because it still runs. But what if it’s neither? What if it’s just… a thing that happened? A quiet experiment in a noisy world? Maybe that’s enough.
Haritha Kusal
im still playin dragonary and i got like 20k cyts from daily quests 😊 its not much but its fun and i dont need to sell it. the team still does little events every now and then. its chill. dont overthink it
Mike Reynolds
I had the same experience as Brooklyn - watched the stream, did the quiz, had BNB, and still got a failed transaction. I cried. Then I tried again the next day. Got my 75k. Now I’ve got 120k from playing. It’s not life-changing money. But it’s mine. And I earned it. That’s more than most airdrops give you.
Don’t hate the project because you got scammed by a fake site. Hate the scammers. Not the game.
dayna prest
Dragonary didn’t fail - it outlasted the hype. While every other GameFi project melted into a NFT-shaped puddle, Dragonary just kept the lights on. No fanfare. No influencers. No ‘to the moon’ posts. Just a quiet game with a token that shrinks over time because it actually respects scarcity. Who does that anymore? The people who didn’t cash out.
It’s not a comeback. It’s a slow burn. And honestly? I’d rather have that than another 100x rug.