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i think your asking your viewers to understand a lot about design. the font is really quite cool
if you didn't tell them that it was called "edge" would they still be able to get it? i question this. although very cool looking, if this is a logo for a business you may lose potential clients because they weren't able to read your graphic. however - you may not want those people as your clients in the first place. (but your target market is all ages.). what might someone mistake the word for? ask a couple of non-graphic people what it reads as - it may just be me.
overall i love the "professional" nature of it. the colors work for me as the "e" really stands out and it's not necessarily a safe color. the background focused dissolve is great. i think it shows you as being professional and creative.
the third one is your best version.
