Add flounce and flair to your key chain with a fringed leather tassel, this photo. Cut a 7×3-inch leather strip. Place on a cutting mat and, smooth side facing down, mark a line ½ inch from edge of long side. Place ruler along the line. Holding ruler firmly in place, cut 1/8-inch-wide strips from the bottom to the line to create fringe. Use leather/vinyl adhesive to attach a small screw eye at one end of the strip at the top. Allow to dry several hours. Apply a thin coat of adhesive along the entire top ½ inch of the strip. Tightly roll the screw eye into the glued leather. Tape it in place while it dries overnight. Cut a ½×1½-inch strip of leather, add a thin coat of leather adhesive to the back, and wrap the top of the tassel. Allow to dry several hours. If desired, add a crystal gem to the top strip using gem adhesive.