Sometimes, you need to be wearing a poncho. Other times, you need to set up a tent. But why carry around two items when you could carry around one much more ridiculous item?
Yes, this is a wearable tent that acts as a poncho when not pegged to the ground. Why does it exist? I have no idea, but I'm kind of glad it does. I mean, if it didn't how would you ever be able to turn your raincoat into a suitable shelter while hiking? You wouldn't be able to, that's how.