Do you need no-sew pillow covers? A door wreath for spring made of taffeta and eggshells? A painted washing machine?
Just because a craft is easy, something you can accomplish with materials on hand, doesn’t mean it’s worth doing. I have glitter and egg whites in my house right now. That doesn’t mean I need to go make myself a glittering summer souffle.
Similarly, having a beige throw and a slight chill does not mean that you need to make this poncho. Realistically, it could only be used as a racially-insensitive Pocahontas/Tiger Lily costume.
This belongs in the back of your closet with your poncho of chastity.
Always exercise extreme caution with “clothing” DIY projects that involve glue and blankets.