I like the dreamy chords and cool beat. At first I thought the instrument at :33 was part of a transition, but it lasted for over a minute and I didn't think it sounded good with the chords. You kept it pretty simple and relaxed until about 2:15, which was good, and then you brought back the transition-instrument. It didn't really seem to go much of anywhere, and I think you could've played a lot more with dynamics/ emotional contrast, etc. It's a good start, but it needs more form and a direction- somewhere to go, you know? I'd say you should only use the transition-instrument during big transitions, and add more of a melody on top of the chords. Keep working on it. I understand that you already spent a lot of time on this, but now you really have to make it stand out! You can do it! :)