They are called "Mogwai." Gizmo is a Mogwai. "Mogwai" is the Cantonese Chinese word for devil, demon, or gremlin. In Mandarin Chinese, the word is "mogui."
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Gremlins wasn't nominated for a single Oscar.
There are two movies in Steven Spielberg's Gremlins franchise. Gremlins (1984) Gremlins 2: The New Batch (1990) There is a third film in development but so far all information released has stated that it will be a remake of Gremlins and not a continuation of the storyline. There is no announced release date for the remake. There are also several other movies about other types of Gremlins which are unrelated to Steven Spielberg's such as: Good Guys versus the Gremlins (2012) The Gremlin (2007) Gremlins in the Basement (2006) Goodie, the Gremlin (1961)
Nothing happens to Gizmo because Gremlins 3 does not nor will it ever exist.
1. Gizmo2. Stripe3. Poker Player4. Brain5. Spike