I immediately prefer the first one due to details that are hard to describe. However, the “tales o’” part is just a bit difficult to read with its small size in comparison to the black block. I would suggest giving the top text a thicker stroke to make it more readable, raise it up a bit, or space out the letters, more.
Finally, you can see in the first image that a small sliver of the black block can be seen on the right side of the “s” in “Mythus.” I would trim that, and perhaps even trim the other sliver in the “M.”
These both look
I would say it’s easier to make the ultimate decision once you have your background sorted. Please do update us and show us what other ideas you’re planning to implement
Judging by the looks it looks like a medieval design, if that’s what you are going for, then great! The colour scheme isn’t really that great. A dirty, brownish look to it would be nice: