ESTM is a token created by Esteem app for their network.
The network it self is called Hive at the moment previously called Steemit with toke ( Steem )
But a guy Justin Sun tried to get control over the network by getting 51% of the stake from witnesses so the community decided to split the network by copying the source cod of the platform and they did so but creating Hive.
And now the majority of people are using Hive, as well majority of app developers and websites come to hive.
So with few words that’s what it happen.
Most of the apps build on hive ecosystem have their own tokens like Esteem, Actifit , and you can see many more on hive engine.
Namaste 🙏@lyubo19
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