Phantasm of Dreams

Phantasm of Dreams is white, blue, and black.
{3}; Exile a card from a graveyard. Gain 2 life for
each {w} spent to activate this ability, each opponent
loses 2 life for each {b} spent to activate this ability,
and draw a card for each {u} spent to activate this
ability.
"...just remember that nightmares are dreams too."