I believe that there will be numerous niche that a certain coin will rule... as a currency, it cannot be Bitcoin, one crypto with better features will eventually topple it.
With smart contracts it will be a tough battle between Etherium and EOS, I will place my money on EOS though. With machine communications, IOTA is a clear winner nowadays...
Steemit is the one for sharing media platforms, but a lot will surely challenge it.
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Many new technologies are still going to emerge from this. Many will offer promises, few are going to be able to deliver.
Yes most new coins and ICO's are just like high school projects with no substance to back it up. You have to separate the grain from the chaff. If we find one, then it is a treasure that we can build on for life..
Minds Tokens are comming to compete with Stemmit. I wrote about the fact 8 days ago here https://steemit.com/cryptocurrency/@greenmask9/minds-launches-crypto-tokens-in-1q2018-making-major-competitor-to-stemmit
Until they reveal the details of their crypto token and how it will be earned you can't really say it's competion. Other than steem clones (golos, yoyow) the only other aproach that has been attempted to merge social media and blockchain are just tipping platforms with a centralized solution for content storage (Yours network...for example).
Of course you are right. They may not succeed. But as an author for this site, I trust admins will do things as they should to form a competitor.