Here is a color palette inspired by the Material Design principles:

json
{
  "palette_name": "Material Colors",
  "colors": [
    {
      "name": "Red",
      "hex_code": "
                            
                            #F44336
                        "
    },
    {
      "name": "Pink",
      "hex_code": "
                            
                            #E91E63
                        "
    },
    {
      "name": "Purple",
      "hex_code": "
                            
                            #9C27B0
                        "
    },
    {
      "name": "Deep Purple",
      "hex_code": "
                            
                            #673AB7
                        "
    },
    {
      "name": "Indigo",
      "hex_code": "
                            
                            #3F51B5
                        "
    },
    {
      "name": "Blue",
      "hex_code": "
                            
                            #2196F3
                        "
    },
    {
      "name": "Light Blue",
      "hex_code": "
                            
                            #03A9F4
                        "
    },
    {
      "name": "Cyan",
      "hex_code": "
                            
                            #00BCD4
                        "
    },
    {
      "name": "Teal",
      "hex_code": "
                            
                            #009688
                        "
    },
    {
      "name": "Green",
      "hex_code": "
                            
                            #4CAF50
                        "
    },
    {
      "name": "Light Green",
      "hex_code": "
                            
                            #8BC34A
                        "
    },
    {
      "name": "Lime",
      "hex_code": "
                            
                            #CDDC39
                        "
    },
    {
      "name": "Yellow",
      "hex_code": "
                            
                            #FFEB3B
                        "
    },
    {
      "name": "Amber",
      "hex_code": "
                            
                            #FFC107
                        "
    },
    {
      "name": "Orange",
      "hex_code": "
                            
                            #FF9800
                        "
    },
    {
      "name": "Deep Orange",
      "hex_code": "
                            
                            #FF5722
                        "
    },
    {
      "name": "Brown",
      "hex_code": "
                            
                            #795548
                        "
    },
    {
      "name": "Grey",
      "hex_code": "
                            
                            #9E9E9E
                        "
    },
    {
      "name": "Blue Grey",
      "hex_code": "
                            
                            #607D8B
                        "
    }
  ]
}

This palette includes a wide range of vibrant and muted colors that are characteristic of Material Design, making it suitable for various applications, from web design to app interfaces.

Would you like to know more about how to use these colors in your projects, or do you have any specific requirements for your design?