This has a lot of charm and I like it a lot! I did notice that the colour count on this is close to 500 (~478).
Some of it is due to the shadows being a layer effect with transparency, and then there's the rainbow gradient in the letters, too.
I think if you address these (you could use a unified colour for the shadows for example, and a line of the same colour for each part of a letter), you would get something more hand-made and with a lower colour count! That being said, I would encourage you to keep this version linked in the description, as I think it looks great!
fixed! thank you!