What does chim stand for?
I may be more or less right, but CHIM is the elven word for "royalty." To achieve CHIM, you must understand that you are nothing but a figment of the imagination of a higher being, and yet defy this understanding by declaring yourself truly real and the sum of all things.
When you achieve CHIM, you essentially self-promote yourself to god-hood. But CHIM is a delicate state of mind, and if you ever let your ego shrink beyond what's required to maintain CHIM, then you'll zero-sum yourself and cease to be.
But back OT: M'aiq is not a real character. He respresents Bethesda's perspective on the world they've created and nothing more. Don't take him too seriously.