No, I mean the game can be deleted by the creators of SB due to you making a fan game of a game made by a major company. Come up with something that hasn't already been made.
Ok. Since this is your first game, then I don't suggest you to make a clone of Zelda. Mostly because it's a complex game.
You should start with short games to understand how to work with smilebasic and design patterns (Game state, game loop, entity system, events sytem, etc).