[T.G]

I see it as a niche tool and fashion accessory. The latter being far more likely.

Limited functionality aside, I'd never buy or wear something like this as I'd be concerned about what might happen to your wrist if you catch this on something that could be potentially dangerous; examples like stepping off the platform of a moving vehicle, or moving / rotating machinery, a heavy falling object, etc. And this has a lot to get caught on. Watches have multiple pins that will fail when they get pulled that hard, this has hardened screws, they aren't going to give. There looks like there might be one pin in the clasp, but with the clasp closed, I don't know how easy that will be to break. After all, the band was built with the intent of being used as a wrench handle when flattened out. I think you might break or tear before it does.

It is neat though.