If you skip this step, the Framework places all proxy points at the root of Points node.
All points folders have their own Obix Point Manager view, just like the Points node. If you make multiple points folders, double-click the folder to open its Obix Point Manager view.

Name and Type, review the other properties, change them if necessary, and click OK.This window is similar to the New window used to create the points. Common properties to change are Names and Facets.