.Online GoDaddy Challenges

This time I want to try to make a logo for GoDaddy .Online challenges

I have an inspiration for the logo from the toggle switch on UI elements, which can be switched on to become online. You can understand the concept from the motion.

Here's the example color of a logo with different background. I'm still using the palette color from the source shoots

And here's the grid of the logo. The 'online' font it's used from the toggle switch form.

What do you think? Do you like it?