You see these in Poland every now and then, just with an actual central hole. I remember seeing these in my school, we used to call it srajtaśma (“shit tape” is the best translation I can think of), and it was just as bad as you described it. It also had a very particular smell to it.
Yeah I thought I was seeing things but nope, actual E.Y.E meme. I still need to 100% it