Sadly, even in the 40 card decks of cube and even with the general irrelevance of life back in the day you cannot use this on turn two to reliably find exactly what you need
Its unique effect is really sweet, and more players deserve to try this card out now that its been let out of Commander jail
While this card is best known for its presence in combo decks, it does play rather well in dedicated Treefolk decks as its evolve ability will surely ping numerous times throughout the game as Treefolk are known for their rather high toughness quotients
The Ring abilities are all tied to whatever creature is your Ring-bearer, so if that creature is killed, bounced, or otherwise neutralized, the benefits are lost until a Ring-bearer is chosen again
Heres a Commander attempt to do something with the mechanic
Double strike is most often found in red and white