Adobe Photoshop / Wateristic Effect
- Open an image for the background
- Type text in black
- Open Layer Style Window and change Fill Opacity to 3%
- Apply Drop Shadow - Blend Mode: Multiply, Opacity: 100%, Angle: 90, Distance: 1px, Size: 1px, Contour: Gaussian
- Apply Inner Shadow - Blend Mode: Color Burn, Opacity: 45%, Size: 10px
- Apply Inner Glow - Blend Mode: Overlay, Opacity: 30%, Color: Black
- Apply Bevel and Emboss - Style: Inner Bevel, Technique: Chisel Hard, Depth: 250%, Size: 15px, Soften: 10px, Angle: 90, Altitude: 30, Highlight Mode Opacity: 100%, Shadow Mode: Color Dodge, Shadow Mode Opacity: 35%
- Filter > Pixelate > Crystallize - Cell Size: 10px
- Filter > Blur > Box Blur - Radius: 1px
