Guess I'm wondering a few things. If those creating the new tokens are selling the Steem they receive for their new valueless tokens, this will further exasperate the fall in value as it adds to the already flooded market conditions on the exchanges. If this is happening, won't it by default make those tokens chances of becoming valued even less so?

Also, not sure of most exchanges but was reading some time back it cost a couple million to get listed on Binance. Not sure of the other exchanges. I really can't see a Steem engine coin ponying up that kind of bread. For all the faults of Steem, they were able to buy in to the exchanges to ensure the liquidity they were hunting for their printing press. Have to give them props for having the initial cash to set this up proper for their Bitcoin wallets and fiat needs. Given the high costs of listing on exchanges of any real velocity, is it realistic to see any of the new tokens doing more than being another grab at the communities Steem?