Event Timeline
About X2Y2
X2Y2 was a decentralized NFT marketplace that launched in February 2022, days after LooksRare, as another challenger to OpenSea airdropping its token to OpenSea's users in a "vampire attack." It offered lower fees, a trade-to-earn model, and X2Y2 staking that shared marketplace fees. Run by a pseudonymous team, it captured meaningful early volume but faded amid the NFT downturn, and the marketplace was later sunset. X2Y2 is its governance and staking token.
X2Y2 launched February 2022 with a fixed 1B supply, heavily weighted to rewards. Allocation: 65% Staking Rewards (650M, ~2-year emissions), 12% Airdrop to OpenSea users (120M), 10% Development & Team (100M, 720-day vesting), 10% Treasury & Ecosystem (100M), and 3% Presale + Liquidity (30M). Insiders were low (~10% team, 1.5% presale). Honest flags: the emission-heavy trade-to-earn design fueled wash trading, the founder dumped tokens shortly after launch, and the marketplace was later sunset X2Y2 has collapsed to near zero.
How the X2Y2 airdrop worked
No active airdrop
Marketplace wound down
Existing tokens
Avoid scams
Reference only
Was the X2Y2 airdrop worth it?
- A brief window for active OpenSea traders. Eligible users got X2Y2 for free (after listing an NFT), and it had some value in the first days when the token spiked.
- The model and trust broke down fast. Wash trading inflated volume, and the founder selling a large token allocation soon after launch shook confidence the price fell hard.
- Ultimately not worth holding. X2Y2 collapsed and the marketplace was sunset, so only claim-and-immediate-sell paid off. List it as an archived 2022 vampire-attack airdrop with clear warnings.
This airdrop has concluded. It is kept for research rather than participation.
