They're graphs in the complex plane. The color indicates the phase, or argument, of the complex number, and for this function, curves of equal phase are hyperbolas. To animate it, all I did was let the phase vary linearly in time.
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Akano Toa of Electricity
Stone Champion Nuva
+2 for Premier Membership
+1 from Pohuaki for reporting various things in Artwork
Real Name: Forever Shrouded in Mystery
Likes: Science, Math, LEGO, Bionicle, Ponies, Comics, Yellow, Voice Acting
Notable Facts: One of the few Comic Veterans still around
Has been a LEGO fan since ~1996
Bionicle fan from the beginning
Misses the 90's. A lot.