This looks promising so far. I agree with some of the other comments already posted, especially regarding performance. It runs well enough to play, but it definitely feels sluggish. That looks like the meadow environment by Nature Manufacturer and I've run that with smoother performance so not sure what your issue could be. Are you using Deferred or Forward rendering?
One thing I found odd. I watched the video initially so I knew what to do and didn't pay attention to Ivan telling me he had a gift for me so I just went off to see the Old Hag, but if you don't get the sword first then she doesn't want to speak with you. I would think that you could do that out of order.
I look forward to seeing more as you make improvements. Nice work!