I think there is a problem with the ETHEREUM PLATFORM. I do not think all the hackings are inside jobs but there is a problem with the ETHEREUM CODE that need sorting out or people will loce confidence in this platform. I am surprised people only use ETHEREUM for these ICOS and does not use NXT which has been much more successful in the sense that their wallets are much safer than ETH wallets.
I agree with you. Idea was great, but execution is not soo good.
It just needs a bit more time to mature, more code review would also be good.
It's all experimental so people know that they can lose money.