This one is remeniscent of a strobila. For those of you with no background in marine invertebrate biology (aumingja þú!) a strobila is a form of jellyfish larva that fastens itself to the bottom and then reproduces several juvenile jellyfish by transverse fission. For a beautiful depiction of this, you can watch the "Blue Planet" series by David Attenborough. I know it's 16 hours or something, but it's definitely worth it.
I actually like this sculpture.