A CodePen by Anonymous. Folding letters

index.html

<h1>typography</h1>

script.js

$("h1").children().andSelf().contents().each(function(){
    if (this.nodeType == 3) {
        var $this = $(this);
        $this.replaceWith($this.text().replace(/(\w)/g, "<span>$&</span>"));
    }
});

style.css

@import url(http://fonts.googleapis.com/css?family=Open+Sans:800);

body {
  font-family: 'Open Sans';
  padding: 20px;
  background: #9ef5ff;
}
h1 {
  width: 13em;
  text-align: center;
  font-size: 70px;
  font-weight: 800;
  padding: 0;
  margin: 0 auto;
  text-transform: uppercase;
  -webkit-perspective: 800px;
}
h1 span {
  display: inline-block;
  text-align: center;
  width: 1.25em;
  color: #FFF;
  margin: 0 1px;
  position: relative;
}
h1 span {
  background: #ff69b3;
  transform: skew(-10deg, -90deg);
  -webkit-transform: rotateX( 45deg );
  box-shadow: 0px 10px 0px -1px rgba(0,0,0,0.5);
  z-index: 2;
  transition: all 2s ease-in-out 10ms;
}
h1 span:hover{
  z-index:100;
  x-webkit-transform: rotateX(0deg);
  top: -.25em;
  -webkit-animation: rotate 1s ease-in-out;
}