Step 2: Now move your mouse over the text layer and Ctrl + left click to select the text

 Step 3: Press D to reset your foreground and background color. Go to Filter > Render > Clouds and Filter > Render > Difference Clouds to put some clouds inside our text

 Step 4: Press Ctrl-D to deselect the text. Go to Filter > Brush Strokes > Accented Edges and use the default settings (Edge Width 2, Edge Brightness 38, Smoothness 5). Press Ctrl-F to repeat this effect.

 Step 5: As you can see, the text's edge is very rough, so we will cut it out. Select our text by Ctrl-left click on the text layer (like we did in step 2). Go to Select > Modify > Contract and contract about 4 pixels. Go to  Select > Inverse to inverse the selection and press Delete. Press Ctrl-D to deselect. Here is our text after this step:

 Step 6: Double click on the text layer to open the Layer Style dialog box. We just need to use Bevel and Emboss effect for this text.

 Step 7: Now press Ctrl-E to merge down the text layer and the Background. Press Ctrl-U to bring up the Hue/Saturation dialog box. Make sure you tick on the Colorize check box and use these settings:

 Finished! Here is our final result:

 *****************************************************************************

---