Elemental Summoning

Create a 4/4 blue and red Elemental creature token.

Clout of the Dominus

Enchant creature
As long as enchanted creature is blue, it gets +1/+1 and has shroud. (It can't be the target of spells or abilities.)
As long as enchanted creature is red, it gets +1/+1 and has haste.

Elemental Masterpiece

Create two 4/4 blue and red Elemental creature tokens.
{U/R}{U/R}, Discard Elemental Masterpiece: Create a Treasure token. (It's an artifact with "{T}, Sacrifice this artifact: Add one mana of any color.")