Love the clean design. The only thing I'd change is using stitching instead of Chicago screws so you don't have any metal bits contacting the knife handle. But the silver hardware obviously complements the knife.
Oh, and one thing I only thought of after I made my dangler sheath (but something I'm going to be doing from now on) is that if you make the sheath side of the loop a little bigger you could use it as a traditional belt loop, letting the upper part of the dangle just hang down the back of the sheath, or since yours uses screws you could take the dangle completely off if you wanted. Small change that gives you some different carry options.