I made another template:
Digital Wave effect (Video) JR.zip (1.6 KB)
Original CodePen by Ashish Ranjan.
Observations: This is the original effect in Codepen:

This is the effect in Shotcut, with the text changed to “Shotcut wavy text”:

The effect is faster (as @musicalbox mentioned in an earlier post):
Also it seems to slow down at the end, and it comes out smaller.
On the whole though - it’s fabulous. This is ingenious! Big thanks to @shotcut or devising it!
Feel free to try out the preset, anyone!
NB After importing the AVI into SC, you need to put it on track V2, with a video or colour clip on V1, because it has transparency, and if it goes on V1 alone it will look like this:
(which is interesting because I din’t know AVIs supported transparency until now).
