V-Coins is a hybrid cryptocurrency based on real values. For each mined V-Coin (emitted from the mint wallet or “mined” by end users), 80 percent of the initial selling price is kept in the value basket. The value basket is the feature that distinguishes V-Coins from other cryptocurrencies, as well as from modern fiat currencies as they have diverged from the path where the government issued paper notes were defended by reserves of physical goods. The value basket consists mostly of precious metals, as their supply is limited and they have real value in use.