I like the idea of wanting a universal logo but you are making it much too complex; it is a simple message that you want to get across. The logo should be (1) universally recognizable even by someone who cannot read an alphabetic language and (2) can be made small enough to be placed next to a book in a list such as the book list you get at Fictionwise.
Try something simple, like a stylized e with a minus sign to indicate DRM-free and the same stylized e with a plus sign to indicate DRM. As much as I would like all books to be available in DRM-free ePub, that is not realistic over the short-term, so what we should want is simply an icon that tells us whether the particular book is DRM-free or DRM-laden.
I also think certain things are unnecessary. For example, it seems to me to be unnecessary to spell out that the format is ePub. It is also unnecessary to use words to indicate DRM-free.
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