Pantone: The Game

From BoardGameGeek.com:

In Pantone: The Game, the player who is currently the artist chooses a character card, then designs a representation of that character using only color swatch cards. The other players subsequently take turns trying to guess who it is. If no one can guess the character during a round, a hint is given at the start of the next round, with each hint reducing the number of points awarded to both the artist and the player who correctly identifies the character. Whoever has the most points after each player acts as the artist three times wins.