Give your property a name, description and decide if it’s a required property or not.
Here you can see that I’ve completed the URL and selected the data format for the data source as JSON. The website jsonplaceholder.typicode.com is a free REST end point that provides services to return JSON data sets of various types and lengths. I picked the users list for this example. The website doesn’t require authentication so we can ignore that for now.

Further down in the dialogue, we see these additional fields.
The Base Path tells UCD where to start looking in a complex structured data set for information you’re after. UCD can pick values out of an array of objects and present them to the user for selection.