Use Geometry Nodes to create particles, use node shader to partially cover the object and Use Modifier to create chaos of particles. Requires Blender version 2.9 or later Timestamp 00:00​ Introduction ...

Here's a quick tutorial how to foil balloon - balloon text in Blender 2.9 Timestamp 00:00​​ Introduction 00:11 Create Text 01:05 Remesh the text 01:30 Cloth 02:43 Detailed adjustment 03:26 Material ...