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Program used: Photoshop 7.0
Involves: Selective coloring, curves, hue/saturation layering.
Other icons with this effect:
My starting image:
1. Crop your image to 100 X 100. If image is dark, duplicate and set to screen. Play with the opacity to get the tone you want.
YOU DO NOT HAVE TO COPY THE FOLLOWING EXACTLY. DON'T BE AFRAID TO PLAY AROUND WITH THE SETTINGS TO YOUR LIKING.
2. Layer >> New Adjustment layer >> Selective coloring.
Reds: 100, 67, 100, 7
Cyans: -57, -10, -100, 0
Blues: 26, 57, 47, 41
Neutrals: 7, -2, 0, 0
3. Layer >> New Adjustment Layer >> Selective coloring.
Reds: -12, -4, 0, 0
Cyans: 63, 100, 65, 100
4. Layer >> New Adjustment Layer >> Curves.
RGB:
Input: 122
Output: 146
Blue:
Input: 102
Output: 120
Input: 226
Output: 178
5. Layer >> New Fill Layer >> Solid Color:
Fill with #252162. Set to exclusion at 40%.
6. Layer >> New Fill Layer >> Solid Color:
Fill with #8FB1CA. Set to color burn at 30%.
7. Layer >> New Adjustment Layer >> Curves.
RGB:
Input: 114
Output: 115
Input: 185
Output: 200
Blue:
Input: 112
Output: 99
Input: 214
Output: 231
8. Layer >> New Adjustment Layer >> Selective coloring.
Reds: 21, -5, -5, -7
Cyans: 79, 61, 42, -6
AND FINALLY:
9. Layer >> New Adjustment Layer >> Hue/Saturation.
Master: -3, 0, 0
Red: 12, 0, 0
Cyan: 55, 18, 49
Blue: -23, 62, 62
And you're all done!
You should have something like this: