Manycam is a free software that can add effects to the video stream from your webcam. It also allows you to add text to your video stream. You need to download the software and set it as your primary webcam application. Once this is done the software will allow you to add text, animations, CGI effects and more to your videos.
The software tracks the user’s face for most effects and adds animations that simulate eyewear, hair, etc. There are thousands of animation available for download on Manycam’s website.