But seriously, different types and materials of rope can be used for different things. There are a few materials that are considered safe for rope bondage. Now, it would be relevant to know what material this rope is if you're actually using it, but it is relevant to say that it can be used for bondage.
Can't help but be reminded of this scene from It's Always Sunny in Philadelphia. One of the funniest/darkest scenes in the ongoing "Dennis is definitely a psychopath" character arc.