Some say that the Golden ratio is a design myth. I don’t know if its use increases the attractiveness of a composition, but I can say that after years it becomes one of my favorite parts in the logo design process. I often apply the rule of Fibonacci.
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The Golden Ratio is key to aesthetic design. Although many designers today don't rely much on this concept, but it brings finesse and precise balance to logo designs. The golden ratio shows that there is maths involved in designing a persice logo