It reminds me of Agatha's Soul Cauldron, a card known for its sheer magnitude of wacky combos
The Warhammer 40k Chaos demon hurts players at the beginning of their upkeep, whereas Valgavoth only triggers if a player loses life during their own turn
You have those cards at the top of the heap that demand the most value, and then even among the rare SIR prints, a bottom rung of cards that although still hits, are much less in demand
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If you can reach the five-mana cost of this card after the kicker is paid, you will have likely won the fight and potentially the game
Since other cards already use this gimmick, Fairy-type would need an entirely new gimmick to ever come back, which could make the developers of the card game unlikely to want to make Fairy-type cards again
