This invention is directed to a foldable bi-directional toy configured to be used as a trampoline and further to be used as at least one of the following usages: a playpen, a water pool, and a sphere pool, upon turning said bi-directional toy upside down. The toy comprises at least a frame having a pentagon shape connected at each vertex to a leg assembly; a leg assembly configured to allow folding of the toy into a compact flat form, to elevate the trampoline from the ground for enabling jumping and also to serve as a basis for dressing onto it an encircling fabric for creating a delimited area when used as at least one of said usages; a bounce mat configured to allow usage of the toy as a trampoline; and an encircling fabric having a pentagon shape configured to be attached to each of said legs for creating said delimited area when used as at least one of said usages.