Here is a image of planet naming convention someone made for No Man Sky.
I find it facinating!
Link: https://i.redd.it/pfanhavkwvcx.jpg
Other link (older verison): https://i.redd.it/itkbamcepaax.jpg
edit: I would like to change it by replacing the "Direction" with the initials of my gamertag / the founder's gamertag.
edit 2: Also, I would like to add that "interesting planets" or planets that are wierd/unique like (https://www.pcgamer.com/i-found-the-most-dismal-no-mans-sky-planet-where-absolutely-no-happiness-is-allowed/) should be given unique names for example this planet should be called Sadworld, Unhappy planet, or Achlys.
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Neat sure but it's more fun when you use either something simple but useful (like naming a planet you found lots of erudium on "eridium factory") or just something silly to potentially make someone laugh. I doubt anyone is gonna remember what these mean.