Illuminated Folio — ruling 1

The two revealed cards stay revealed until the ability resolves. If one of them is played, is discarded, or otherwise leaves your hand, the ability will still resolve as normal.

Illuminated Folio — ruling 2

Colorless is not a color. You can’t reveal two colorless cards from your hand to activate this ability because those cards don’t share a color with one another.

Illuminated Folio : règles, fonctionnement et interactions (MTG)

Illuminated Folio is one of those cards players keep asking about. Here is, in plain words, what its official text says, the rulings published by Wizards of the Coast, and the combos players actually run.

Official card text

, , Reveal two cards from your hand that share a color: Draw a card.

How it works : Illuminated Folio

Original English text — Wizards of the Coast / Scryfall

#1May 1, 2008· Wizards of the Coast
The two revealed cards stay revealed until the ability resolves. If one of them is played, is discarded, or otherwise leaves your hand, the ability will still resolve as normal.
No other card is named in this ruling.
#2May 1, 2008· Wizards of the Coast
Colorless is not a color. You can’t reveal two colorless cards from your hand to activate this ability because those cards don’t share a color with one another.
No other card is named in this ruling.