![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
I prefer the 2nd one. First one looks like it just came out of Maya. 2nd one has a more realistic tone. (Obvs. you worked on it quite a bit more)
I'm no expert, but I'll suggest some things, perhaps it could help you
You should try to shoot for a really good finish on the "LOT" text.
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fnetcoinfoundation.org%2Fimages%2Fnetcoin.png&t=591&c=nTRhq7zKYsAVFg)
Look at the "NET" text. It has this kind of silver, really smooth, matte finish, almost glass like. Although it does look the same in your logo, perhaps just a color correction needed?
Perhaps find a way to make the entire "LOT" circle (excluding the "LOTTO COIN" circle) stand out more... in the netcoin logo, the outer circle is in silver while the inner circle is in gold.
Very very good work though
EDIT: I deleted some of my suggestions, because they arent really applicable.
I'll try to play around with photoshop on your logo to make my point clear