There are many fonts and many effects. Let's take the "IT Blog Nest" as an example:

1. The background color is filled with blue.

2. Draw a rectangular selection with a white stroke.

Step 3 enter the word "Photoshop"

4. In the Layers panel, press CTRL and add a layer thumbnail to load the text selection.

5. Create a new layer and name it: empty characters.

6. Keep the selection selected, execute "Select-Modify-Boundary", open the "Boundary Selection" dialog box, set the width to 1 pixel, and confirm.

7. Select the gradient tool in the toolbox and fill the border selection in the previous step with gray and white.

8. Keep the selection status, click "Move Tool" in the toolbox, press the shortcut key V, hold down the ALT key, and press the lower right arrow several times to copy. The more times you copy, the thicker the hollowed-out words will be and the stronger the three-dimensional effect will be.

9. Set the foreground color to deep red and fill the top selection.