Extract the zipped package downloaded from ThemeForest to your desktop. In the extracted package, you will find the toucan.zip file, which is the installable WordPress theme.
You can install the theme in two different ways:
1. WordPress theme uploader
Navigate to the Appearance -> Themes page to access the theme uploader screen and use the toucan.zip file.
Watch the process in this short video:
2. FTP
Extract the toucan.zip file and upload the extracted toucan folder to the /wp-content/themes/ folder on your server. You will have to use FTP software like FileZilla.
After uploading the theme, you have to activate it. Navigate to the Appearance -> Themes page to activate the theme.