Last week, iStockphoto announced that they were going to start selling logos and is looking to pay designers $5 for the first 10,000 logos that they approve of. For those of you who don’t know, IStockphoto sells stock photography for a fraction of the cost of other larger stock photo houses. They pioneered the micropayment system of selling photos for less then $20, which resulted in them selling a lot of photos for a lot less. Contributors receive a commission of between 20% and 40% of each sale, which collectively is a large sum, but individuals probably average less then $20 a year.