This is a very simplistic but yet effective logo. I love how geometric and straight it is. The designer did a great job making it simple and yet still easy to read the word WAVE. The fact that the A and the V tie into each other is eye catching because it takes a second to catch on what it is. This design is very easy to remember and pick out.
This design shows Gestalt through the play of the positive and negative space in the design. At first sight, you see two boys playing soccer, but on second look, you see the African continent made by their silhouettes.