Excellent post. I think you are right. Most altcoins are still nothing more than a promise, at this point in time.

The only one working at 100% is Steem. In my eyes, it makes Steem a lot better than the majority of altcoins in the market.

Other project that I like is Astro. And I guess that's already working, too. But the coin has a very different usage than Steem.

Astro is a Crypto Fund with a focus on ICO investment. Basically, you buy and hold Astro to get a piece of their pie, if there's any.

Since the Crypto Abyss started, they haven't generated returns, so there hasn't been a dividend since last December.

Even so, I think they should know a lot more than myself about ICO investment, so I'd much rather holding Astro than keep playing the ICO roulette on my own.

I have been lucky twice, but the rest of the ICOs I have personally selected was a total disaster.

Now I will just trust Astro, instead of keep gambling on my own.

But keep in mind that even professionals fail, so don't go thinking that this will be foolproof.

Astro did invest in Selfkey, for example, which is one of the biggest fails so far. So beware.