The Forty Ninth Supply Co by Nicolas Fredrickson / typography
There is consistent proximity throughout the logotype. The negative space forming the "N" makes sense with the name because looking at the logotype engages the audience when locating the "N". I also think the logotype font works well bold.
Wordmark for a branding project I've been working on.
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How 'The Basement' Became Streetwear's Most Hardcore Online Community(Step Logo Medium)