The newest color headed for the Crayola crayon box revealed.

FOX's Lilian Woo reports:

A staple of every young artist will soon feature a new crayon in a brilliant blue color, it's based on a pigment accidentally discovered eight years ago by scientists at Oregon State University. They were mixing chemicals hoping to find new materials for use in electronics when they stumbled on the vibrant blue, which slightly resembles Cerulean.

Its name is Yinmin Blue after the elements, Yttrium Indium Managanese and Oxygen, but Crayola would like to go with a different name for its crayon, asking the public's help through its website. The company will release the five best suggestions on July 1.

Lilian Woo, FOX News.

Follow Lilian Woo on Twitter: @LilianNY