2D/3D Labels - You can create text that will appear on the screen that can be parented to a 3D object turning it from a 2D label to a 3D label. Start by double clicking the Setup node.
When in the setup node right click, and under the UI menu select the Labels option.
To make the label visible in the editor window, toggle the UI button in the editor window.
2D menu: controls the 2D properties of your label.
Relative Coordinates will edited the data to be relative to the size of screen
3D menu, is mainly to parent the label to a 3D model . for this we need a 3D model Import a model and populate it in your screen. After simulating.
World hide blend Distance - will make the label fade in and out.
Appearance menu, Use the appearance menu to edit the appearance of the label.
Tooltip - will add a small text that will appear if you hover and wait over the label in the player window.
Label menu, Use the label menu to edit the properties of the label text.