This paper toy is Frosty the Snowman, a snowman brought to life by a magical hat, based on the same named children's book. This papercraft was designed by Qooplo. In 1950, Little Golden Books published Frosty the Snow Man as a children's book, adapted by Annie North Bedford and illustrated by Corinne Malvern.
In 1954, the UPA studio brought "Frosty" to life in a three-minute animated short which appears regularly on WGN-TV. This production included a bouncy, jazzy a cappella version of the song and a limited animation style reminiscent of UPA's Gerald McBoing-Boing. The short, filmed entirely in black-and-white, has been a perennial WGN-TV Christmas classic, and was broadcast on December 24 and 25, 2005, and every year since, as part of a WGN-TV children's programming retrospective, along with their two other short Christmas classics, "Suzy Snowflake" and "Hardrock, Coco and Joe."
The three cartoons are also a tradition on WJAC-TV in Johnstown, PA, which not only broadcasts the cartoons on their station, but also make it available on their website.
In 1969, the Rankin-Bass company, in association with Mushi Production of Japan, produced a thirty-minute animated television special of Frosty the Snowman that featured the voices of comedians Jimmy Durante as narrator and Jackie Vernon as the title character. This was a story based on the discovery of Frosty the Snowman. Three sequels were produced, Frosty's Winter Wonderland in 1976, in which Frosty got married, and Rudolph and Frosty's Christmas in July in 1979, followed by The Legend of Frosty the Snowman in 2005. A derivative work, Frosty Returns, was broadcast on CBS in 1995.
You can download this papercraft toy here: Qooplo - Frosty the Snowman Free Paper Toy Download