So what's so cool about this rug (other than how it looks)? Well according to the description on the contest page:
This recycled rug is a modified byproduct of a Detroit felt supplier who punches felt plugs for the automotive industry. The resulting “leftovers” has the softness of a deep pile rug, contrasted by a lively graphic moiré pattern. We also like to think of it as our own version of a “Detroit Bailout”.
Go browse through all the nominees and cast your votes!