On the face of it, this might seem like a worse version of other removal cards - like rubys Dragon Fire - but bear in mind that this ability doesnt count as banishing a character
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Taking up most of our modest $50 budget are Yawgmoth, Thran Physician, arguably one of the better upgrades for the deck, giving us oodles of card draw and proliferate and a sacrifice outlet all for four mana
(If this creature has no +1/+1 counters on it, put two +1/+1 counters on it.) Whenever one or more +1/+1 counters are put on this creature, you may draw two cards
While Dire Fleet Daredevil's statistics leave something to be desired, its enter-the-battlefield ability is incredible in the right scenarios
Having an instant-speed commander in the command zone is quite nice for a mono-blue deck, and you dont even need to have all that many Moonfolk in your deck to take advantage of that ability