While challenger decks, and in particular Pirate typal decks, may be better suited for Ruby/Steel, this color combination offers some great item synergy and card draw that will help keep you from running out of resources.
Korvold's deck is primarily meant to pump Korvold itself into a massive flying threat as its plan A, but the deck also has a powerful plan B
The best Elf commanders in MTG stand out because they push the tribe further than anything else available
Then you can draw two, and you'll also make a Map token as well, and then you have the ability to draw the top card of your library if it's a land, so you could get a three-for-one for this spell instead of a two-for-one, and you make an artifact for sacrificing to things like Goblin Welder to recur a big artifact from your graveyard or just to maybe grow your Commander for a faster Commander Damage kill fi you don't draw the land
There will be much better targets for land destruction
Niv-Mizzet, Visionary's also a simple and elegant design that goes together with previous Niv-Mizzet cards that care about drawing cards, and as an Izzet commander it's probably one of the best commanders in Foundations