This mug is based on the animatronic tiki poles in Walt Disney's Enchanted Tiki Room.
From Lost Temple Traders:
"Once upon our travels, we stumbled upon a famed wood carver. His carvings were so life-like, the eyes appeared to move as we did.
Lost Temple Traders is proud to present the Kapu Akua mug designed by SHAG! Sculpted by SQUID, this two-sided mug stands 7.5 inches tall. Limited Edition 200.
Mugs are hand-made in California and are being made in small batches."
There is also a second edition in Brown and Jungle Green.
Interesting side note about the name...this mug design was rejected by the Disney Company for fear that it would raise cries about cultural appropriation. Hence the naming of the tiki design as "Kapu" or "Forbidden". SHAG subsequently worked out a deal with Lost Temple Traders and posted that he might not work with Disney again...