Yeah tokenizing with new coins or tokens seem bizzarre to the users but it is basically a need now a days to create internal ecosystem and also give control to project owners alongwith financial power where they can liquidate their tokens as and when required for the development or promotion of the project.
The tokenising craze destroyed the altcoin market and you still want more of it?
Tokens are not equity shares and that is where the biggest problem lies. Those who lack the knowledge of basic stock market trading and entered the crypto market with ICO craze got stuck in this never-ending cycle. The token owners may sell away their lots and delist the tokens from exchanges while investors will have nothing to sell on. That is why many developers leave the projects after a few months and development comes to a standstill with the lack of funding for the project to continue.
That is why new projects that started never became anything big.