What you state is correct. There is a lot to be sorted out. In fact, some believe a lot of existing projects are going to face some bad days ahead when they get the knock on the door for regulators.
There are a few constants we can take away:
Do not sell the token. Many places consider that selling an unregistered security
No founders stake: if there is a point of vulnerability, the governments will go after it
Decentralize: build on decentralized infrastructure so there is no vulnerability there
Distribution: get the token distributed to a fair number of people, with no single person having a large amount.
From what I can see, there are efforts to get more layer 2 decentralized infrastructure in place to help this process.
RE: Cryptocurrency Heading For Mass Adoption