Wouldn't see this as full blown olskool. It has a very unique beat that I like, but I wouldn't say this is fully hip-hop. The beat also could be a little stronger, the kick especially. A main characteristic of hip-hop is its strong, distinctive bass and kick, some percussion in there also to accompany it. A stronger, harder synth would've worked nicely in this too. It's not bad though, I actually kinda like it. Keep it up!