We should focus on teaching parents how to educate their children properly, and teach children how to safely browse the internet and how to avoid common scams and pitfalls.
I played Roblox when I was a teenager and all the time my aunt told me to be careful of who I talked to online, as they could be a pedo. Even though there wasn't a constant monitoring from my parents or family, her words were repeated many times that I actually thought 5 times before sharing any kind of personal information online, back then.