I mean what timeline were you expecting? Did you honestly think that an application with the attack surface of literally everyone would come-out polished in a year or two?

Ethereum's ICO was in 2014, and most ICOs were on Ethereum and are less than 1-2 years old. One of the older "smart contract" projects has been in development since 2013 and it is still a massive work in progress.

You have a shit ton of people who want to reap the benefits of what-to-come, in fact that is what ICOs made easier. What it lacks are extremely competent people willing to dedicate anywhere between 3-10 years of their life to make it happen. It is hard to say you can buy that with strictly money.