The “distorted” text in the picture was created in Inkscape by manipulating the object’s path envelope, then importing the saved .svg file in Blender.
However, I am unable to find any guide or tip on how to modify the text to obtain the desired effect, nor a modifier that will do such feat. Then again, did I mention I’m a newbie?
The second option worked: text to mesh, add lattice, then lattice modifier. The downside is I don’t have text anymore, so if I want to change the text, I’ll have to redo the whole process. But I can live with it.
I tried the Simple Deform modifier - was unable to successfully create the shape, regardless of the options. (As I mentioned before: newbie!) Will keep trying, there must be something I am missing here…
Still on 2.79b… right now, 2.8 file crashed Blender. Thank you for your feedback, though. It is much appreciated!
I also managed to make the Simple Deform work, after adding an Empty single arrow, and rotating it -90 deg (on Y-axis), as see in the image below. (It takes a little longer to figure out things, as I am not yet proficient using this awesome tool.)
Follow-up: I cannot apply the modifier, though. It says: " Error. Cannot apply modifier for this object type". But the manual says it works on text. Hmm!
Back to square 1… more trials.
Another follow-up: with the Simple Deform modifier still not applied, I converted the text to mesh. The mesh kept the shape created by the Simple Deform modifier. However, I have a mesh again like in the 2nd option (see my response to Peetie), not a font anymore. Well… I guess I must keep on trying.
As for 2.80: I’ll wait until it’s ready for production. I’m having enough difficulties with the current version to add new difficulties created by various bugs in a new version - I won’t know whether a problem is created by a bug or my own incompetence.