In this format, the Abzan Greasefang combo deck is the most likely to use this card, as its speed mitigates the loss of life
When you're tempted by The Ring but it already has all its abilities, you'll still be able to chose a new or existing Ring-bearer which will then get (or keep) all of The Rings abilities
Especially crucial is Lady Labrynth of the Silver Castle enabling its shenanigans, all the while being immune to targeted effects while Trap Cards are set on their side of the field
The possibilities with Mishras Workshop are incredible, especially if its your first turn
Given that COL cards have so much foil theyre harder to grade than GS imo, it was a short printed set that is limited to one specific set instead of the whole of the EX-Nintendo print run
We have other ways to add +1/+1 counters to our creatures: Shaile, Dean of Radiance adds counters while also easily triggering Breena, Orzhov Advokist gives everyone counters but they can't attack us, Guardian Scalelord puts a counter while acting as recursion, but I especially love Noble Heritage which acts like an even better Advokist if our commander is out