This pedal is a profiler pedal that works in a similar way to a Kempler Profiler, but it is much cheaper and smaller footprint. Have seen a comparison to other profilers on uTube and it seems to be as good as the others. It has presets and also downloading of amp/cabs from other users etc.
To make your own profiles you need their free software and a ToneX Capture box (£250).
Has Compression, noise gate, parametric eq and reverbs built in. Can set these pre or post. Eq has low and high shelf filter and a mid bell style parametric with Q and frequency.
The competition is very costly compared to this unit (under£400). Very interesting. Anderson did a comparison of this with others and real amps and it was very close.
If you are looking at profiling , this looks a great option. It acts as an interface as well.
https://www.ikmultimedia.com/products/tonexpedal/#info
https://youtu.be/kpY12eLvrn0