There are a few projects actually being used, have decent products, and are set to improve.
There are parallels with the dotcom boom/bust cycle, where those companies that kept building and innovating survived, and grew into powerhouses.
Yes, many experts are comparing the dotcoms with crypto companies, and I think they have reasons for doing so. I hope that something good and profitable will emerge from this bear market and will carry the idea of blockchain and crypto into the future.