You have some really amazing pixel/sprite work but there's not much substance to the story. It's not compelling and a bit blatant.
Stuff like(not exactly what you did but how it comes across):
"I"mmmmmmm singing about character development, because I am a character"
"I'm really upset right now so now I guess I just won't be and do something else?"
"I'm in trouble so I should transform, *transforms* woah! Who expected that!?"
I'm not trying to sound mean, I just need to make sure what I'm saying is exaggerated enough that you understand my point. I also point this out because the entire feel of the toon comes off as serious with humor sprinkled in(not a total comedy) so when these type of lines happen the viewer is supposed to take it seriously but can't.