The ability to repeatedly create a legendary creature is always sort of awkward in Magic , but I predict you'll be able to figure out some fun ways to exploit this fact
Essentially, if everyone plays it cool, the group benefits, but if one person betrays the rest, only the betrayer benefits and everyone else suffers the consequences
Tapping this artifact can be played as an interrupt. 5
Not only are these lands great in Eternal formats, it's likely they'll be reprinted for you to use in future Standard formats
Legality depends on the tournament format -- Toxic Scorpion can be legal in some formats and banned or restricted in others
Clearly, Im not an advocate of not allowing them to do anything at all, but thats towards the other end of the spectrum