Two color wall or door hanger or art. I cut it originally on 3mm acrylic but did not like the effect so moved on to cut it out on plywood and then in construction paper. The layered construction paper effect worked nice enough that my daughter tactically acquired it and put it as the cover for her school binder.
Ensure that you run a test pattern on the craft paper you are using before trying to cut on the individual layers. If you undercut the paper, it will be difficult to tear all the tiny fibers that are holding the layers in place.