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stick with the first logo, lighten up the line weight by .5 points so that the logo's negative space can breath
also do not mix the capital and lowercase letter forms. perhaps even find a better modern typeface, it has bad negative space, notice the outside curves of the letter forms (such as the O). the inside is rectanqular and the angels where the meet such as O, B, and E, seem off. and remove the tittle on the I.
