this is a very interesting proposal already, so thank you Kassai for your early entry!
In general, we like the simplicity of your first version. Especially in the word 'relax' where the R goes smoothly over into the X, that's beautiful. However, the transition between the A and the X seem a bit ... well, 'forced'. Maybe you can find an alternative solultion for this?
Also, the bubble coming out on top of the L looks a little strange at this point. Maybe it's the font, or maybe its an impression from the 'playful' aspect we liked? Or perhaps there is a story in the background of this extention, that fits into our business (which might be helpful for our future presskit :-))
Anyway, thumbs up!