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Nimiq is a browser-based blockchain & ecosystem Written in Javascript ES6 designed to make cryptocurrency easier for the end-user. Using WebRTC and WebSocket connections, Nimiq's ecosystem native to the web, allowing users to sync in seconds and to mine directly from the browser.
The NIM token was rebranded from the NET and it's the native token that powers the Nimiq Blockchain.
Regarding the block reward reduction, it starts with 4965 NIM and is reduced in a curved fashion proportional to the block height and remaining Nimiq supply. The reward remains constant once a certain block height is reached.
Try our free Nimiq (NIM) portfolio tracker if you want to efficiently keep track of your NIM and other coin/token investments.