Modular 3D Text is the primary component of the Unity Asset. As the name suggests, it is the component that creates texts.
Inspector
Note: You can hover your mouse and check tooltips for information.
Main settings
It contains the standard settings to control the text.
You need to apply material here, not to the mesh renderer component.
Layout
The layout of the text is controlled by a separate component, the layout group. The default text has three types of layouts: Circular, grid, and linear.