Color Palette:

1. Cyan
   - Hex Code: 
                            
                            #00FFFF
                        
   - Description: A bright and vibrant blue-green color resembling the clear skies on a sunny day.

2. Fuchsia
   - Hex Code: 
                            
                            #FF00FF
                        
   - Description: A bold and intense purplish-red color that exudes energy and excitement.

3. Periwinkle
   - Hex Code: 
                            
                            #CCCCFF
                        
   - Description: A soft and soothing light blue with a hint of lavender, reminiscent of delicate flowers.

4. Olive
   - Hex Code: 
                            
                            #808000
                        
   - Description: A rich and earthy green with a touch of brown, inspired by the color of ripe olives.

This color palette combines a range of vibrant and calming hues, offering a diverse and visually appealing selection for design projects.