I did find this one better. It still isn't very appealing. I like how you made it more of a standard submission. I think the other one looked a bit too childish. You did so much with the negative space this time around! I remember studying that in art class.
I don't know what BOYT stands for. I assume that's why it all capitals, right? The name's fairly good too. Now this seems more like a toy. It's just a cute design.