Well done.  A few quick comments...



Pros:
Nice and unique
Good impact
Has color
Interesting
Nice to have different shape

Cons:
Toaster?


Pros:
Looks solid and tough
Interesting
Vaguely feels like it could be made into a locking mechanism of some kind?

Cons:
Varsity letter?

Overall: what do these logos convey about Heavycoin?