From the manufacturer:
Bake artwork and watch it shrink! Incredible plastic that shrinks to 20% of its original size. It creates strong plastic pieces to use in all your art and craft projects. You can trace, color, stamp, paint, die-cut, punch and emboss on it. Includes instructions.
Metallic Shrink Film in gold and silver! You now have the option of creating metal-like embellishments, jewelry, mixed media, tags, decorations and more. Easy and simple to use: just create, cut and bake to add customized embellishments. Grafix Shrink Film is also great with die cut machines, decorative scissors and rubber stamps. Bake using a conventional oven, toaster oven or heat gun. Designs shrink to 20% of their original size and become strong plastic pieces for decorating. You can trace, color, stamp, paint, die-cut, punch and emboss on it. Includes instructions.