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It's a reference to Pico-8. https://www.lexaloffle.com/pico-8.php https://www.lexaloffle.com/pico-8.php

• gbraad 2y ago
  ... only using '4' colors. Still a lousy name. Seems I had seen the project before, but the name didn't stick, unlike tic80, pico8, etc
• KeplerBoy 2y ago
  Sure, but Pico-8 is a better name than Lua-8.