The extension is a part of the channel points system for YouTube.
YouTube points is a modified version of the twitch channel points made to enhance the streaming experience on YouTube. Every author can register on out website and add the system to his broadcast. Every viewer of the authorized author can install this extension and get points for watching the live broadcasts and for other activity on the channel. Then, similarly to Twitch, the earned points can be spent on buying goods added by the author or on taking part in bets and predictions. which can be started by the streamer on the website.
You can find more detailed information and the setting up opportunities on our website https://coinsbot.xyz/ .
This extension is mainly needed for viewers: it counts the points and it displays the menu near the broadcast on YouTube. Because of the peculiarities of the YouTube API, it is impossible to get points for watching the broadcast without this extension.