DIY chandelier. I would string strands through the middle and hanging down as well to make it a bit fuller... OR find a (or a couple of) progressively smaller sized hula hoops and create more tiers below.
Party Prop~ Start with a hula-hoop and several rolls of crepe paper. Once you have them all attached to the hula-hoop, raise it into place and then twirl and attach all the end of streamers to the walls. You could also add some lights!