Innovations dont make sense at the onset. I believe there is more to this in the future than what we have today. An experiment that failed will be pivoted and it could turn out to be an advancement in bitcoin network.
It is not even part of the bitcoin protocol to be able to turn into anything, now or in the future.
It is arbitrary data that is being pushed to the bitcoin blockchain. If we ignored the decentralized nature of the bitcoin blockchain, it is exactly like posting the same data on bitcointalk and calling your post a "token"!
A token is created using a smart contract and a smart contract has to be executed by the protocol and enforced by its consensus rules in the platform that it is being created on. This is exactly what happens in token creation platforms like ethereum.
It is not what is happening in bitcoin. Because for starters bitcoin smart contracts do not have that capability to create tokens and also it is literally raw data they're pushing in the transactions!