Starting a logo contest

Website : Metro Friend Finder
Genre : Social Networking
URL : http://www.metrofriendfinder.com/

Reward : $50
Time : 7 days (extended if none of the logo is up for the standards)

Terms :
1. All the logos will be posted in the thread.
2. All logos have to be watermarked.
3. Payments via Alertpay/Paypal
4. No guaranteed winner