Mizutanken, Dagger of Tides

Equipped creature gets +1/+2 and hexproof and loses shroud
Whenever you draw a card, equipped creature gets +0/+1 until end of turn
Whenever you cast a blue spell, if Mizutanken, Dagger of Tides, is equipped, you may pay {1}. If you do, put a 2/2 blue elemental creature token onto the battlefield.
Equip {3}
A 3d12+4 dagger that can spawn elementals?! Blasphemy!!!