The rules: everyone should submit a suggestion for the party name. One entry per contestant.
The group (all eight of you) have met each other in the past, and are an adventuring party. This is a world and a region of the world where Adventuring is a pretty common activity. Plenty of people make a living doing this, some groups or people go on to become legends. Think if yourselves as a moderately-successful bar/college/garage band. You hope to get a big break and be the next big thing, but right now there's lots of other bands out there.
Anyway, whoever comes up with the name I like the most will get the satisfaction of having the group named for that choice, as well as a shiny prize, a feat to use at whatever character level you start at (4 or 5). So you could, for example, get Weapon Finesse as a rogue with it, since it isn't an L1 feat like the human and flaw feats.