ColorSpaceConvert.js

const Time = require('Time');
const Mat = require('Materials');
const R = require('Reactive');
const Shaders = require('Shaders');

//This define the input colorspace and output colorspace you wish to covert
const colorspaceconfig = {
    inColorSpace: 'HSV',
    outColorSpace: 'RGB'
}

//Find objects
Promise.all([
    Mat.findFirst('material0')
]).then(loadasset);

//load objects
function loadasset(obj){
    const mat = obj[0];
    let hue = 0;
    let color;

    Time.setInterval(()=>{
        // Set a random hue value from 0-1 for every 500ms
        hue = Math.random()
        // Convert HSV to RGB
        color = Shaders.colorSpaceConvert(R.pack3(hue, 1, 1), colorspaceconfig);
        // Pack to vec4 with alpha 1
        color = R.pack4(color.x, color.y, color.z, 1)

        // Set textureslot and assign to material
        const textureslot = Shaders.DefaultMaterialTextures.DIFFUSE;
        mat.setTextureSlot(textureslot, color);
    }, 500);
};