Unsurprisingly, Final Fantasy was the most exciting set to have come out and I got caught up with it along side many other aging millenials
If the encoded creature loses all abilities, the card will stay exiled with the creature, but nothing will trigger when the creature deals combat damage
It offers cheap and effective card draw early in the game
As a result, Vaultborn Tyrant will probably take Atraxa's place as the big payoff in mana ramp decks
Also, this makes Standard Scam with prototype creatures possible
While Ratchet Bomb isnt a Modern staple, it does see play, often in colorless decks lacking removal options, as a Karn, the Great Creator tutor target or in mono-colored decks that cant easily power up Engineered Explosives as an answer to Urza's Saga tokens