This card, while probably not something you would run next to bloodmoon effects, may be strictly better in some match ups in multiple formats. No mana from fetches is way scarier than red mana. I'll def be hoarding some copies and I think it could easily slot into existing modern and legacy lists.
Also, does this hose cycler lands, riftstone portal, and the dredge land when they are not in play? I assume it does but I cant be sure, not so brushed up on m static effects rules.
Cards it hoses absolutely harder than Blood Moon
Eye of Ugin
Maze of Ith