Tokes was recently featured on Invest In Blockchain as one of their top picks for coins sub 25 million marketcap.
Direct quote:
"Many investors are looking into making big returns on their initial investment. The coins currently ranked in the top 20 may not get you the 10x return you’re hoping to see.
Fortunately, there are many smaller projects with small market caps that still have a lot of room for growth and ultimately a higher market capitalization. Seeing cryptocurrencies such as Litecoin grow a tremendous 8000% in 2017 alone makes you ask what the next booming cryptocurrency is.
This article discusses 5 cryptocurrencies that are currently below the $25 million market capitalization mark which have the potential to grow and sustain a larger market capitalization in the cryptocurrency market.
Tokes Market capitalization: $7.4 million
Tokes is cryptocurrency project that I believe could have a big ROI (return on investment) in the future. Keep in mind that this token likely won’t see a 10-20x return within a month or two, but as a long-term hold, Tokes has a lot of potential to take off.
To give a brief background on this token,Tokes is a Waves-based asset (it trades on the Waves decentralized exchange platform) that focuses on the booming marijuana industry. Tokes currently see a majority of its trading volume on Bittrex and the remainder on the Waves Decentralized Exchange. Tokes has secured big partnerships within the marijuana industry and looks to solve real world problems with the use of their token.
One of the features that makes Tokes interesting is that it aims to create a fiat gateway. Many marijuana dispensaries currently operate as cash-only businesses because of the non-acceptance of banks and the issues associated with working within the traditional financial system. Tokes looks to peg the USD to their TKS token on a 1:1 basis, meaning that US$1,000 worth of Tokes can be withdrawn as $1,000 in USD. This mean there is no risk of volatility.
By operating in Las Vegas, Tokes chose a very good location to work on their project. The marijuana laws and regulations in Las Vegas are quite lenient compared to other locations in America.
They commenced their pilot program better known as Herbology Tours with a partnership with Pisos, a marijuana dispensary operating in Las Vegas. The partnership provides an e-payment solution for the dispensary by using the TKS tokens. This is just the first step towards mainstream adoption as the team looks to expand to work as a point-of-sale system (a fiat gateway) in various other dispensaries.
The market capitalization of Tokes is roughly $7.4 million with a small circulating supply of roughly 1.5 million tokens in the market. As the marijuana industry continues to grow and see further acceptance, the Tokes project envisions providing a real-world use case to allow seamless, efficient and non-volatile electronic payments through the use of their tokens.
Where to Buy TKS
TKS is available on the following exchanges: Bittrex and Waves DEX.
Pros:
Provides a real world use case in a growing industry that has a lot of potential.
Secured partnerships with big players in the marijuana industry.
Cons:
Is only listed on Bittrex and the Waves DEX (volume is lacking).
Ambitious project that has a long way to go before receiving mainstream recognition."
I get that they wanted to peg tokes to the usd, but if they do something like a 1-1 ratio, and they sell if for about $3 (at the time of this post) than wouldn't you lose money if they peg it to $1?
Forgive me, I don't totally get this pegging thing with the usd.
ok, lets see 
