Instead of scissors, you can cut the paper with an Exacto knife.

Cross the ends of the strips and pull one end through the loop that forms. If you want the color from a particular end of the strip, tie the knot at the other end. Don’t twist the paper, just loop it. Gently tighten the knot, then gently pull the knot without creasing or squeezing the strip of paper. When all the edges are in contact, press it down and crease. You should have a pentagon with a long end and a short end sticking out.

Make a whole bunch of these and display them in a jar or clear glass. Display them mixed with confetti or tinsel as part of the party decorations on a table. Work a needle and thread or string through opposite corners to string them together as a garland or necklace. You could combine them with paper beads or other elements on the same string. You can put them on a bulletin board but consider the thickness of the corkboard. See that the thumbtacks do not go into the wall through the board.