Basically, you fill in the blank (not necessarily accurately) in the Tales quote left by the previous person, then leave a quote of your own (with a missing section for the next person).
For example...
The Good Ship Boaty McBoatface
"All I want is a fun, easy ______." -Zelos Wilder
Johnny Young Bosch, Best Penguin of All Time
"All I want is a fun, easy washtub." -Zelos
"Peaches look like little _______." -Sophie
Do you see how it goes? Fill in the blank(s), then write your own. Also, if you come up with a good word for a previous quote, do feel free to mention it!
Anyway, here's one to get things started:
"This tree's name is... _______!" -Lloyd