This is a great model for kids! It utilizes the same action mechanism that you find in the classic clapping hands action model (not Jeremy's version), Deg Farrelly's flapping butterfly, and Talo Kawasaki's Patty Bat (all excellent models!).
It's also a great way to conserve the extra paper you have left over when cutting an 8 1/2" x 8 1/2" square from letter size paper.
The model appears in Jeremy's 2nd book, "Origami Ooh La La", sold on Amazon
He also generously shares the model on his YouTube channel: