The following assets were used during the production of this tutorial.
Make a new .PSD document, 1000 x 500 pixels, RGB color, 100 dpi and grey background (color #33333). Create a new layer and fill it with brushed metal pattern from tutorial assets section (any metal texture will do though). Now using the Blending Options, fill this layer with a Light Blue color and set the blending options to “Overlay”. Finally if you want you can add a gradient that include several white and grey tones, with a bright area in order to create a better effect for the background.
Now create the text using this font: Transformers Solid. Use these settings: 70 pt – Anti-Alias: Sharp. Now rename this text: “3D”. Then go in the menu Layer > Layer Styles > Blending Options and use these settings:
Duplicate the text and rename it “Base”. Right click on his layer and click to “Clear Layer Style” or in the Styles Palette click on the first style “Default style (None)” (It’s the same thing). Now move this text slightly to the right in order to create a “pseudo 3D effect” with the text below (Look the Step image). Then go in the menu Layer > Layer Style > Blending Options and use these settings:
Duplicate the text “Base”. Right click on his layer and click to “Clear Layer Style”. In the Blending Options menu on the right set the fill to 0%. Now and use these settings in the menu Layer > Layer Style > Blending Options:
Your text effect is almost completed. Now we have to create a text reflection. Insert all 3 levels of the text effect in a group. Duplicate this group. Right click on it and click to “Convert To Smart Object”. Right click on it again and click to “Rasterize Layer”. Then go in menu Edit > Transform > Flip Vertical. Now move it as the image shown and then with the Eraser Tool delete as long as you want in order to create a realistic reflection. Finally to make the text effect nicer I added some sparks with simple brushes and color lights with soft brushes.
Now your text effect is completed!