It was meant to function as favicon, avatar, watermark and all the other small, semi-important stuff. But it's unrecognizable as a favicon. The top and bottom design is slightly different (N, T and O). Which do you like most?
I agree with tim-ater. I didn't pay attention to your name at first and was trying to figure out what in the heck this was supposed to mean. Then I saw your name as onartis and it made sense. Otherwise it just looks like text laid out in a fancy way.
If I were to pick one, it would be the 2nd one...but I would try and make the text make more sense to the regular viewer.
Hmm... I suppose it might take me a minute to figure it out if I didn't know any better. My friends all recognized it but that's probably the point, they know my name. Good that you guys pointed that out to me