When a card is added to the inkwell, it stays there for the rest of the game - meaning you cant use any of the text or abilities on the front of the card once its turned into ink
The official set details read: His Crown, His Realm
Booster packs include 12 randomized cards consisting of six common, three uncommon, two rare/super rare/legendary, and one foil card of any rarity level
If the banished item is Maurices Machine, you may also banish chosen character with Strength 2 or less. Maurices Machine Item Dual Ink Ruby/Sapphire When this card is banished, you may return an item card with cost 2 or less from your discard to your hand. Cogsworth Climbing Clock Ruby When you have an item card in your discard, this character gets +2 Strength. Monsieur D-Arque Despicable Proprietor Sapphire Whenever this character quests, you may banish chosen item of yours to draw a card. Belle Apprentice Inventor Sapphire During your turn, you may banish chosen item of yours to play this character for free. With these cards, especially Belle, Beast, and Maurice, items are now able to be used to gain Lore, draw cards, deal damage, or even banish characters
The I Win, I Win
There are many reasons why this deck is favorable against that particular one, but the most prominent reasons are thanks to the fact that Cogsworth is the strongest counter against Steel in general