1- do not inset ".com" in this logo it must be iLoud and not iLoud.com
2- it must start with lowercase i letter followed by uppercase L and the rest (oud) can be in lowercase or uppercase. if upper case is used preferably use smaller font size than L letter.
3- you are free to choose colors and design, try to be innovative, do not limit yourself to current site design and colors cause it will totally change as soon as possible.
4- it is nice to have a symbol related to web site's subject (music) along with logo. but a great logo which made of font is also acceptable. e.g. headphone with arrow inside of it in beatport.com
5- it must be very easy to read. we are not looking for complicated logos.
6- being creative and unique along with friendly and high-tech design are major keys to become the winner. by the way try to keep it simple but not too simple.
7- we have big plans for our website and your name will be registered as logo designer in our web site which may help your for your future successes.
so we are looking for a great artwork not just a logo