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.
I'm only responsible for what I say, not for what you understand. Although as an author I am responsible for making readers understand--a reader who doesn't understand is an unhappy reader. (And there is some value to leaving some questions unanswered.