Gumroad - Logo Redesign Concept

Gumroad - Logo Redesign Concept

Gumroad is an online platform that enables creators to sell products directly to consumers.

Had this idea the other day to re-use one of my unused logo proposals from a past project.

Check second image to see the current Gumroad logo. I personally feel they could use a redesign and this direction might've great potential.

Thoughts?