The problem with these tokens is that at the end of the day there is no direct link between a token and the asset they're linked to- Unlike a stock, which gives

The problem with these tokens is that at the end of the day there is no direct link between a token and the asset they're linked to- Unlike a stock, which gives you voting rights and other privileges. Mind you, there is nothing wrong with a completely "unlinked" asset per se (Bitcoin has proven that) but an unlinked asset's price will, all things being equal, quickly undergo a price-discovery process that will capture the majority of future expected returns. Hence, the price for these equities at any moment in time has no expected return beyond the early floating exchange rate. Therefore, its true future returns should be modest (the same as equivalent cryptocurrencies) and it will have only modest potential as an investment. Bottom line: If the coin doesn't give me any "special powers" like a stock certificate does, it has little upside potential compared to any other cryptocurrency- Hence, it makes more sense to invest any capital I have in a more established currency, like Bitcoin. (And for those arguing "Yes, hempcoin/newcameracoin/etc DOES have value and special powers beyond Bitcoin because my hempshop/newcamerashop/etc doesn't take bitcoins but does take this specialty coin" then it should be obvious that you'd be able to perform a JIT purchase this coin using bitcoins through an exchange, which means Bitcoin holders have access to the same "special power", without needing to be long-term holders of the asset.) These types of coins will only become interesting once cryptocurrency contract technology becomes more developed, so that these coins can give holders more extensive special rights regarding the asset/project the coins are linked to.