Your choice of license depends on what sort of Envato items you want to use in your logo:
For logo templates: There’s only one Logo License, and you only need one license for each unique logo that you create. The logo is the end product, which you can then use in unlimited ways. Remember that you need a new license for each finished logo that you create.
For after effects (for example for a video logo reveal): you need to choose between the Regular and Extended licenses. Usually people will not need to pay to see a logo, so a Regular License will be fine.
For fonts: There’s only one Tools License, which allows you to use the licensed font to create any text in your logo.