There are times when I design a pattern and don't know what its intended purpose is. That kind of explains this pattern. I just started drawing and this popped out. :)
I don't know if it is a box or a basket but it can hold things. My first thought was to put a small potted plant in the basket. I did not have one handy so I grabbed a candle.
I used 1/4" thick walnut for this cut but I think you could use Baltic birch plywood if you painted the finished project.
It also reminded me of a small pedestal. You would want to turn the side walls right side up if you intended to use it this way.