Most mmo's do this, it prevents the player from engaging higher level mobs, but this game has taken it to an extreme where the stats account for nothing. Our damage increases as our rank increases and not by placing points into strength or intelligence.

You see this when you attack a lower level mob versus that of a mob the same level or higher the damage becomes drastically smaller, while the allocation of stats does nothing to improve these numbers. So the current system in place wasn't given much thought, or just plain abandoned by the developers for fixing at a later time.

Strength does not come from physical capacity. It comes from an indomitable will. - Mohandas Gandhi