No, it's not high tech chapstick or a mentholated nasal inhaler– it's a Video Bulb.
Ryota Kuwakubo is a device artist. His wearable LED animation Bitman, a cute little guy that dances around within the confines of the display edges, has gotten plenty of attention in the art-gadget scene. His latest evolution of Bitman is in the form of this RCA video plug. Just pop it in to the input socket on your TV and it will endlessly play a Bitman animation.
$28.50 at Compact Impact