
Step 1: Tap the letter "d" to change your foreground color to black. Hold down the options black. hold down the options key and tap the delete key. Type your text using a medium gray color (#666666).
Step 2 : Duplicate your type layer by using the Apple+J shortcut. Rasterize your layer
Step 3:Go under filter menu , under Pixelate, choose fragment. run this filter two more times by using the Apple + f shortcut.
Step 4:Press apple + t. In the options bar change the width & height to 130%.
Step 5:Click on your original type layer and Rasterize it. Click on the y=top layer and press apple + e to merge the 2 layers.
Step 6:To colorize your type, press Apple + u to bring up Hue/saturation. Click the colorize checkbox and make the hue slider to the color you'd l ike.