This is fun!
You could hang holiday photos from it or tiny decorations (the keepsake kind that get lost in the regular tree). I like the little sparkles they have hanging from it, I noticed them while shopping at Michael's yesterday.
It also would make a very contemporary advent tree, fold up decorated cards, number them, and note your message inside.
The possibilities are only limited by your imagination.
Get it at CB2.
Sure these would look good decorating your home but they would also make great gift bags. Stuff them with someones favorites; bath and body products, journals and writing supplies, art supplies, well you get it.