Step 1
Open new layer and give him Gradient Overlay.
Step 2
Tipe text
Step 3
Use Character and give to text smaler spacing. something like in picture.
Step 4
Tipe rest of the text.
Step 5
Use Free Transformation to transform text like in picture.
Step 6
Give to text Gradient Overlay effect like in picture.
Step 7
Now put all layers in one Set. Rasterize set and use Perspective Transformation like in picture.
Step 8
Free Transformation.
Step 9
Duplicate Layer Set. Color him in black and move behin of first set.
Step 10
With Rectangular marquee, select word by word and move every word like in picture.
Step 11
With Pen Tool draw new layer. Yellow lines show you the drawing way.
Step 12
Select last two layers and put them in one group. Rasterize them.
Step 13
Now you can play and with brush you can give some color effect.
Step 14
Ok. Duplicate all layers, rasterize them in one Set and rotate like in picture. For this rotating use Free and Skew Rotating.
Step 15
Now give some Gradient Overlay and Layer Opacy put to 30%.
Step 16
Go back to first text layer and in Filter use renden>Lens Flare. Repeat this step for several times and move point every time to other location.
Step 17
For background you can play. We use some brush. Open new Layer and use brush.
Step 18
Give some effect with inner shadow. This shadow give to layer reality.
Step 19
And this is Final Work.