I don't see many decks running this for a number of reasons, the cheaper side, Catch, is too small of an ability, Release is an unreliable spell that costs a lot, and on top of those things it can only go in a Jeskai deck
This means that, like in my earlier anecdote, you can keep using this spell as the game continues
It has all the regular stats and flavor text of the original but has an alternate art to it
I had very dull scry 3, lose 2 life, draw a card for a black mana at sorcery and that felt black and felt on par for power in cube
When combined, there are possibilities for players to create powerful card combinations that can devastate their opponents
Just having an ongoing supply of sacrificial Lotus Petals on 0/1 legs keeps your deck topped up with all the things it will need