It does looks like game maker’s logo at first but then, i search for the meaning behind the current GDevelop logo and i found out that the G is kind of spiral. Like said in GDevelop Logo Meaning - #5 by 4ian topic that the meaning of spiral itself is a hint on how a program or a game are created by expanding and circling around from what you already have.
As you can see in my logo the G is kind of spiral only it doesn’t arching.