People can come up with statistics to prove anything, Kent. Forfty percent of all people know that.— Homer
"Pixel art" is the name given to pictures which are drawn pixel-by-pixel. They do not use any line-smoothing techniques and as such, can be reduced to very few colours (typically 16 or fewer).
This type of images are common of old console video games (such as the Game Boy) which have very few display pixels and limited colours - yet the images look so realistic.