Sharat Jaswal, the name appears on SEOLogs. Why? Well i participated in SEOLogs $2000 MyBlogLog Contest. In past i had never been lucky with such contests. I decided that i would give it a shot. And i guess my “being not so lucky” streak finally ended. I was one of the winners and got myself a link in dnscoop directory worth $45. Not a big amount, but sometimes it really does not matter. What matters is that i won and i am glad i did. WooHooo…. 
Here is a screenshot from SEOLogs:
I am thinking of starting a contest as well. I do sponsor many of the contests with recent being the contest at iGuides for the month of November. I think it would be lot better if i leave sponsoring and start the contests, right here on my blog. What Say?
Definitely you should participate as it will boost up creativity