Red is one of the main colors that create Treasure or that benefits from Treasure, and we can see that with cards like Xorn, Dockside Extortionist, and Goldspan Dragon
Each player opens one third and final booster pack, repeating the same process passing to the left and receiving from the right
2/2s every turn, lifelink on the larger body, and a similar saboteur ability to Gix, Yawgmoth Praetor all point towards this being a strong addition to grindy creature decks
You need your opponent to have cast at least three spells for it to be worth the 4 mana you invest into it, which happens in a single turn cycle in Commander but takes far too long in Limited
on the other, being an artifact makes this far easier to cheat into play
You can never go wrong by adding a few utility lands.