I happen to think its pretty good, especially as it triggers off of mass token generation
Targets that work from anywhere are nice too such as Dread Return or Unburial Rites
Each Assassin token can enter attacking a different player, planeswalker, or battle, and they don't need to be the same ones that the Assassins you control are attacking
In this case, this item seems a very clever way of preventing the opponent to benefit from the their Discard pile
One last enchantment that will really pull its weight in a deck like this is Cathars' Crusade
P/T Number 193 Language English Legal Formats Commander, Legacy, Modern, Pioneer, Vintage Not Legal Formats Alchemy, Brawl, Competitive Brawl, Historic, Pauper, Standard, Timeless Rulings (11/17/2017) Genesis Hydra's first ability will resolve before Genesis Hydra does