This functuion is useful when you are dealing with previously present images like .png, .jpg, etc. You can use this function for writing a text on the image.
For me the function imagecolorallocate() was returning the -1 value. after lot of RnD and site search i found a function use of imagecolorclosest(). This solved my problem of writing the text on the image with customised color.
Actually previously it was writing on the image but the color was not distinct. It was using the same color as of that background image.
The following code segment was fine with me.
header ("Content-type: image/jpeg");
$im = imagecreatefromjpeg("BlankButton.jpg");
$white = imageColorClosest($im, 255,255,255);
// this is for TTF fonts
imagettftext ($im, 20, 0, 16, 30, $white, "/usr/X11R6/lib/X11/fonts/TTF/luximb.ttf", "Vikrant");
//this is for notmal font
imagestring($im, 4, 0,0,"Korde", $white);