Can anybody tell how I can create this image effect? I am talking about the shadow and the edge effect. Thanks
Duplicate layer, CTRL+L make it black(drag white triangle to the black one), transform it, blur it. : ) Using Photoshop.
In photoshop: you can also click CTRL+I (invert) to make it black if original is completely white. Make sure to use warp transform (little icon in the top bar when transform active.) The shadow looks like it's more blurred at the sides, which you can do by adding a mask to the shadow layer, making a horizontal gradient fill with black & white (press D), then disabling the mask (SHIFT+click mask), then select layer, Filter>Blur>Lens Blur, then Depth map: Source > Layer mask, then set focal distance slider in the middle and set radius to your liking.