Image 1: Game Logo Text

Design 1

Design 2

Design 3

Design 4

STEP 1: I opened a new document size 400x400 pixels and set the background colour as black (#000000). 

STEP 2: I added the text 'Rocket' in font style Arial Bold, size 59 (the software automatically making a new layer). Sticking with design #1, I changed the font colour from the original white (#FFFFFF) to a vibrant green (#98FF00).

STEP 3: I added a new layer and then used the Ellipse Tool to add black (#000000) holes with the idea in mind that meteors or bullets have hit the text. I repeated this technique on another five separate layers, shifting each individual layer thereafter on a different section of the text 'Rocket'.

STEP 4: I then added the text 'Game' in font style Arial Bold, size 40 (the software automatically making a new layer). Sticking with design #1 as proposed before, I changed the font colour from the original white (#FFFFFF) to a more lighter, pastily green (#C6F795). 
STEP 5: Using the same the technique as explained in paragraph three, the text was transformed into a holy 'Game'. 

STEP 6: I finished off by adding the star autoshape (using colour #FFFF33) and a line underneath the text 'Rocket' (using the colour #98FF00).

The image to the left: An image showing the different layers I used to get design 1 of the Game Logo Text like it is.