This amazing Template can be used by combining Effect Version and Titles Version and applying Dissolve Transition. So you can get what you see in this video demo.
Alike you can to apply only this Effect to your clips.
How to install 1. Download the zip file 2. Unzip it 3. Copy the main folder and paste it following this path:
iMac > Users > User Folder > Movies > Motion Templates > Effects To use it, restart Final Cut Pro.