It's an elf generator and payoff all in one
Throw this baby in with Daxos the Returned or Alela, Artful Provocateur
And thats fine
If you want to play a longer more mid-to-lategame style deck in Mono Red that interacts more with the table, well, it gets more challenging because it makes Mono Red's inherent weaknesses more glaring: subpar card draw and ramp, subpar answers to creatures, minimal options for enchantment removal, commander protection, and recursion, things that get more pronounced as the game progresses
Loxi: It's interesting because it realistically is meant to be a blink payoff based on the colors, but I think this will really find home in some sort of Esper Aristocrats deck like Bane, Lord of Darkness as a way to gain extra value off LTB triggers
This cards enters and attacks trigger will most likely cheat at least one dragon onto the battlefield from your deck