A collaborative effort to name every color in the RGB/web space.
Humans benefit from a nomenclature for animals, plants, insects, etc so why not colors? Describing the world around us is what we do.
Anyone can propose a new name for a particular color. So long as the name is descriptive and non-offensive, it becomes associated with that color. If multiple names are proposed for the same color, it is then a matter of which name has the most votes from the community.
All naming data is made freely available to anyone who wants it. No cost or copyright/license restrictions. If we can establish an open, free and consistent source of color names then it's something everyone will benefit from.