RGB Transition is a great minimalist piece created by Timothy Evans in collaboration with Daniel Eatock. They used only three colors; R, G, and B, and then 50 common video transitions to animate it. I really love this simple way and powerful result!
"A video image consists of three primary components - red, green and blue. For this work each component channel was fed a differently timed sequence of 50 common video transitions. As the three components recombine to create a video image; constantly changing forms and colours are revealed." See more;