Colored Name Tags Mod
Colored Name Tags Mod 1.12.2 adds in the ability to color the text of name tags. Simply add in dye to the anvil with your name tags to add in color to your name tag text.
Multiple colors can be applied and the mod will try its best to divide up the letters (not perfect atm), so Rainbows are encouraged. To remove color simply add paper instead of dye to remove all color.
Screenshots:
Requires:
How to install:
How To Download & Install Mods with Minecraft Forge
How To Download & Install Fabric Mods