"What gives a token real value is the utility as well as the community that backs it."

This last bit coupled with what you said about dogecoin is so true. It's not only the utilities and the "sinks" that you can create for the token, but the community that surrounds it. That's why the name "tribes" means so much here on Steem. Building a token is only 1 small part of the task at hand. You must build a community brick by brick and continually build your tribe's faith and support in the overall project/token. Awesome write-up!