this is a great design! it would make a terrific label for a physical product, I’m not so sure if it will look as good on a site header though (but I still have time to think about it )
I would suggest playing with the background, and as an experiment, can you put a stress to ‘z’ instead of ‘o’ – it looks more logical, though it may ruin the balance..
I’ve checked out your other winning designs and I am very much impressed with your marks design (among other things). Can I hope to see something similar here?