Clone Counterparty and run it on the Bitcoin Cash chain. Simple, easy, fair.
All burns and transactions from Counterparty’s history until the segway vs cash split on Aug 1st remain validon Counterparty Cash. Everyone will keep their XCP and token balances as of that date.
This is what happened to Bitcoin and the best way forward for Counterparty too.
For XCP holders this is the fairest option. Token projects will find solutions as to which chain is their preferred one and how to do deal with the past half year.