It has x-height of 3 pixels, it is italic, inspired by old masters and most important – made by hand. You must not look too closely, because colors get visible. It’s work in progress.

Designed primarily for use in favicons, and comes in bold and bold-italic variants.

Even more amazing, the designer is using colour to achieve hinting and letterform legibility, with zero space between glyphs. Check out this extreme closeup:

(via Typophile)