Man, the level art is amazing! The grayscale with color splashes really nicely conveyed the dream-like vibe to me. The heartbeat effect when close to enemies is also nice.
Unfortunately, I just couldn't figure out what to do in the game. Yeah, I could hide in the well to fill up my courage meter and turn one guy into a smiling green statue, but then what? My courage meter just stayed where it was, but nothing I tried seemed to have any effect on those guys anymore. Restarting was also pretty buggy and walking past the ladybug just made me fall forever. If you iron out the bugs and communicate the mechanics and goal of the game a bit better, I think this could turn into a neat little experience.