Although the paracord wrapped handles look good, I really question their practicality. Most people out hiking very seldom carry a hatchet or small axe with them. While hiking or climbing I don't (nor anybody I know) carry a hatchet due to the fact that a good folding saw can get the job done for my purposes.
I use a hatchet while car camping and or at a base camp if we are hiking/climbing the high country. If I needed some rope while in camp, unraveling if from the carefully wrapped hatchet or axe handle would seem counterproductive to simply using a hank of loose rope from the general camping supplies we have.
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Earth and sky, woods and fields, lakes and rivers, the mountain and the sea, are excellent schoolmasters, and teach some of us more than we can ever learn from books.
John Lubbock