In a small bowl, melt the chocolate per package directions.

Poke a toothpick into a marshmallow and dip into the chocolate until fully covered. Set the marshmallow down on a parchment lined baking sheet and remove the toothpick. Repeat this for all the marshmallows.

Press 2 eyeballs on the front of each marshmallow before the chocolate hardens. Leave these set until the chocolate is hard.

Frost each cupcake with the blue frosting making sure to put extra in the middle so the frosting slopes downward a little. Take a knife, touch it all around the frosting, and gently pull up so the frosting will look like water waves.

Take a rope of the licorice and cut into 4 pieces. Unwind the strings so you will have all the purple pieces separated. You will need 48 of these pieces for the octopus legs.

Lay 8 licorice legs over the top of each cupcake so they drape down over the frosting hanging off the edges a bit.

Set an octopus head on top of each cupcake right in the center over the tops of the legs. Press them down a bit so they stay on the cupcake and so it looks like the head is attached to the legs.