A deposit is a partial payment made at the start of an engagement to secure the provider's time and commitment. The standard in the music industry is 50% upfront, with the remaining 50% due upon delivery.
Deposits protect both parties: the provider is compensated for blocking their schedule, and the client demonstrates commitment. Without a deposit, providers risk unpaid work and clients risk being deprioritized.
On SpatialGig, payment terms are agreed upon during the booking process. Secure payment through the platform protects both the client and provider.