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Sorry to spam this monologue, this whole concept still got me tripping balls. If colored coins are just dust... How can I ever send a fraction of it? Transaction would be higher than value...
Like I forever mark these 10000 sats to be red. Now they are still bch but now in the wallet these 10k are red. Of course they don't have to be a color.
You can create your own tokens on http://wallet.cryptonized.cash, and soon this token solution will be integrated into the mobile wallet CashPay.
A colored coin is like a hashtag for Bitcoin transactions. Memo.cash is basically a colored coin if I understand correctly.