the file link doesn't exist, but the video's enough: we don't need it for this since this'll be straightforward.

this is, as far as i can see, a simplification of the original midi with a kick and hat sound on each downbeat. the instruments used are general midi quality.

section 4.2. in the submission standards says this: 

Quote

 Your arrangement must be substantial and original.

• Submissions must be different enough from the source material to clearly illustrate the contributions, modifications, and enhancements you have made. Acceptable arrangement often involves more than one of the following techniques:

• Modifying the genre, chord progression, instrumentation, rhythms, dynamics, tempo, or overall composition of the source material
• Adding original solos, transitions, harmonies, counter-melodies, lyrics, or vocals to the source material

• Taking the original game audio and simply adding drum loops or using an existing MIDI file and assigning new instruments does not qualify as substantial or original arrangement.
• Submissions must not include any sampled audio, including sound effects, from material owned by Square Enix or its subsidiaries.
• Submissions should be long enough to convey arrangement; generally, this requires at least two minutes of material.

your arrangement doesn't appear to be unique enough from the source to constitute an arrangement. this sounds like it's essentially the lead voice from the arrangement, with a few of the backing elements assigned to the backing instruments. separately, the drums aren't really there - they're just downbeats, there's no pattern or kit arrangement going on.

section 5.2. in the standards says this:

Quote

 Production must show significant attention to sound quality, mixing, mastering, and utilization of effects.

• Synthesized and sampled elements must be reasonably sophisticated.

• General MIDI sounds from low-budget soundcards are not sufficient when superior samples are available online for free.
• Overusing common presets, relying heavily on prerecorded loops, or employing nothing but basic tones or "chiptunes" is discouraged.

these are either general midi sounds or close enough that it doesn't matter. they're not used idiomatically and they don't sound real.

i think that there's probably the potential for a remix with some orchestral instruments for this, but this isn't really anything yet. i'd encourage you to take a look at the types of arrangements we post here - the quality of instrumentation, the depth of arrangement, etc. - and find ways to make your next submission more in line with those existing examples.

NO