Definitely has potential.
Overall, it changes just enough to stay fresh and exciting through the song. Rising action had me worried for a moment, until the drop around the first minute mark.
After the first drop, I was expecting another bass or something deeper to come in. Right now, the song really needs some depth to it. The multiple layers and complex melodic rifts are a really good start (like REALLY good), but it still sounds flat.
Either a lower kick or (even better) a pulsing bass-line would do wonders.