WebcamMax software (version 7.9.1.2) is a video chat and live streaming software that allows users to add various effects to their webcams in real-time. Users can choose from over 2000 effects, including animations, emoticons, and backgrounds, to enhance their video chats. The software also offers screen sharing and picture-in-picture options, allowing users to share their desktop or add a secondary camera feed to their video streams. Additionally, WebcamMax supports multiple messaging applications, including Skype, Yahoo Messenger, and Facebook, making it a versatile tool for online communication.