Inherited Envelope

Each time the Ring tempts you, you must choose a creature if you control one.

Some spells and abilities that cause the Ring to tempt you may require targets. If each target chosen is an illegal target as that spell or ability tries to resolve, it won't resolve. The Ring won't tempt you.

The Ring gains its abilities in order from top to bottom. Once it gains an ability, it has that ability for the rest of the game.