This is one of five small crochet patterns in the new Candied Color Charms set. It’s a booster pack for a color “chips” yarn sample kit. (See Lotus Chips Color Set.)
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These Tricorns are intriguing little rounds that seem more like game tiles to me now. (They seemed like crackers until I added beads.) They’re intended to be a quick and fun way to display a spectrum of yarn colors, whether “candied” (beaded) or not. A somewhat less common beading method gives nice beaded corners.
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See Crochet Inspirations Newsletter issues 56 & 57 for more.