Hello,
I'm afraid the shape does nothing for me, but form will come with practice and you did say you are a novice.
Using paper blanks isn't pointless, it can add a new dimension to turning, and is used by a number of successful turners here and there to produce something different. There is also, as has been mentioned, a "green" element to it that will appeal to a certain type of person.
You can also use laminated paper as an addition to wood. I've attached a couple of pictures of pieces I made last year which included paper.
Carry on experimenting and enjoy it. At worst you'll waste a little glue!