How can a lending system work in a decentralized system ? Why would anybody pay back its debt?
Crowdfunding and kickstarter are decentralized lending systems.
The decentralized lending format could become more apparent in the guise of franchises like the game Star Citizen. Where some initial funders requested refunds. There are other lesser known cases where kickstarter projects failed to deliver on promises, which later went to the court system. In worst cases, the criminal justice system becomes involved.
Offering a percentage of interest to initial crowd funders is a variation on the same system kickstarter and other crowdfunding projects have utilized for years.
So what you are trying to convey here is that this kind of system is not trustworthy? Never had any transaction with this kind of project so I have no idea if they are really accomplishing something here. But in my impression, this is not a very good platform to trust your hard-earned money. The promised ROI may be good but to what extent? If they have no enough clients, are you still gonna get the promised ROI?