Illusions of Grandeur [Ice Age] Timeless prevent the next 1 damage

prevent the next 1 damage that would be dealt to that permanent or player this turn

but it explains much

Sacrifice Tormod's Crypt: Exile all cards from target player's graveyard

select 1 random card from your opponent's hand and destroy it

during the next Standby Phase after this effect was activated: Destroy 1 monster this card points to

Illusions of Grandeur [Ice Age] Timeless prevent the next 1 damageSet: Ice Age Type: Enchantment Rarity: Rare Cost: {3}{U} Cumulative upkeep {2} (At the beginning of your upkeep, put an age counter on this permanent, then sacrifice it unless you pay its upkeep cost for each age counter on it.) When Illusions of Grandeur enters the battlefield, you gain 20 life. When Illusions of Grandeur leaves the battlefield, you lose 20 life.