More detail: https://bitscreener.com/coins/golos-gold
The Golos Gold (Symbol: GBG) Token is the equivalent of the Steem Dollar which is a price-stable coin pegged to the Dollar. Nevertheless, the Golos Gold coin is, as suggested name, guaranteed to 1mg of gold. This makes the Russian market more understandable because many Russian speakers do not live in Russia, hence, pegging it to the rather unsettled Russian Rubble is less profitable. The Golos system is a licensed clone (fork) of Steem and designed for the Russian Market. Their purpose is to build a distributed social media system where users get rewarded for their contributed content.
