This is a holder for the bottom of a drinks or soda can that turns it into a tray. You cut off the bottom of a can and push it into the slot, the concave shape can then be used as a small parts tray or holder.
There's a recess in the print that allows you to push in a 10mm x 3mm magnet which then holds magnetic parts in the tray. This is optional.
I put adhesive felt material on the base of mine.
The can bottoms are a nice rounded shape that holds the items but also allows you to easily get them out again, unlike a square vertical edged container.