I feel this would be a fun promotional item for the upcoming Super Mario Odyssey (not that this game needs promoting): a Frisbee based on Mario’s hat, because the character is constantly throwing his hat like a Bond villain in the new game. Now you and some buds can throw the hat around like some cruel game of keep-away.
It’s a clear plastic disc, with the middle section either painted red or molded in red plastic. The red brim and white ‘M’ are painted on. The disc shape is similar to this. I’ve seen some fabric discs too, but they are completely flat and not ideal for this design.