"Backing" something (with, say, assets) does not make it intrinsically more appealing.

"Backed by nothing" is a misleading and ambiguous statement. Backed by what?

For example, the Blocknet is backed by Dan Metcalf, with the most impressive resume, pace of development, and track record of delivering in crypto.

I'm anticipating a decent uptrend personally, but of course there's no certainty in that.