Many years ago, my mom came up with a technique to wrap presents that comes out really cool looking, and (maybe more importantly), is actually faster than the traditional technique. The only downside is that it uses a bit more paper than a normal wrap (also, the unwrapping is faster, which could be a bad thing or a good thing…) It looks extra-cool if you use striped paper.
A few years later, I did a photo-essayon how to do it.
So if you actually still wrap presents, check it out.
You’re right, it does look cool! I think your explanation needs more images, though. Maybe a video. I can’t quite tell how the bottom edge ended up working on the example.
It does use more paper but if I was wrapping that gift with that paper I’d end up throwing a bunch away that I cut off from the edges, out of frustration. I have a gift this size…I might give it a go!