Corteiz Effect

I wish your example had a bunch more pixels. We can see the B&W aspect, but not how the distortion looks in any detail.

I would start by making your island a Smart Object so you can go back and fine tune.

The start with an Image > Adjust > Threshold.  This allows you to set tonal value at which each pixel will be black or white, and allows you to go back in at any stage, and fine tune.  I think I used a value of 120, so a touch less than 50%

I've added Filter Gallery > Artistic > Rough Pastels for this

Changed that to Angled Strokes, which gives a nice cross hatch effect.  There is a Cross Hatch filter, but it lacks subtlety IMO.

Also try Srayed strokes and spatter.  Remember, it's a Smart Object, so you can double click to go back in and change it.

Plese post the image you want to edit thusly. 

If the previous suggestion fails to reproduce effect or look of CORTEIZ, create a layer mask from the transparency of the type layer, then experiment with various filters from the Filter Gallery on the layer mask, not on the Type layer itself.

@Bent36311806h4uw use a filter to convert the image to a bitmap (black and white)?