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I just this idea on a blot and I thought it was a great one.
You can do your tape and decorate all kind of projects. You can wrap presents or decorate lots of stuff.
You can use it in the wall (and it looks better than plain tape) or you can use it in fabric or in other kraft projects.
I`m thinking about using it with some pieces when I don`t want to use the sewing machine or to substitute the tap when wraping presents.
The tutorial is on the site and is really, really easy.
*picture is not mine but from link bellow*