Since the era of ICO's there is so many blockchain projects that call themselves some revolutionized project which aim to solve a problem using blockchain. But by looking at some of them blockchain is clearly not the way to implement the solution. People seems to do it since ICO's are easy money now a days.
Is the ICO's are killing the blockchain and Satoshi's dream? You can read more in this Quora thread.
https://www.quora.com/Is-Blockchain-overratedWhat do you think
While all ICOs except for a very few are completely useless or simply straight up scams, I wouldnt say the blockchain is being abused more than other areas. There are countless of scams and shady projects all over the internet. There always have been and there always will be. Im not sure what dream exactly do you think Satoshi had but as far as I know he never separated the blockchain from bitcoin. Bitcoin does have its issues but its certainly not being abused.