Inspired by the book Folding Techniques For Designers, I started folding a bunch of these and decided to turn one of them into a bracelet. I painted it, which added structure as it got wet and dried stiff and then I added a silver clasp... I've posted the folding pattern if anyone is interested in trying it out. The blue lines are valley folds and the green lines are mountain folds. The pattern can be stretched for different variations.
As promised, here is my super amateur tutorial :-) Let me know if you have any more questions.