The creator has also shared the node graph behind the project.
Digital Artist known only as Tunnel Rat has recently shared an astonishing Blender-made 3D animation that will likely make you shed a single nostalgia tear if you grew up in the 90s. Titled 1SHOT, the animation depicts a shot made from Tec-9 and is heavily inspired by old-school anime, featuring a similar art style and a neat VHS-like effect.
According to the creator, the animation has one light source and a ColorRamp to change shadows and highlights. Here's the node graph behind the project shared by the artist:
And here's the artist's previous project, also made to explore this particular art style: