Exciting new auction website needs logo!

We are looking for a unique logo to compliment our unique business and concept. Our business is multifaceted and has a few different components, our initial focus will be on a high end auction website for intellectual properties such as domain names; software; websites and businesses. We are building a brand: BidO, http://www.bido.com, "O" as in online. That will be associated with big ticket items and related services.

Bid O, http://www.bido.com "O" as in online

Desired Color Scheme:
Logo should look good on deep purple background,

Desired Style:
Rich, powerful, unique

Accepted File Formats:
Standard Web Formats (.jpg, .gif or .png); Vector Formats (.eps, .pdf or .ai); Layered Formats (.psd or .tiff)

We are undecided on color selection for the logo however we have chosen a simple layout and color scheme for the website, the logo you create should look good on a deep purple background.
Creative, rich and unique are some characteristics of the logo we are looking for.
Please refrain from adding auction elements like gavels; auctioneers or clocks, etc in or around the logo or word. It should be apparent that the O is part of the name, as other logos with graphical elements as a letter especially at the beginning or end often lose site of the entire word.