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Marketplace Overview: How GigXchange WorksThe end-to-end flow: discovery to contract to payment to review

Executive summary

GigXchange compresses the entire live music booking lifecycle into one system: discover → negotiate → contract → pay → review. Every booking generates a digital contract; protected payment is held via Stripe and released on completion; reviews are only possible on verified, completed bookings. Five roles share the same rails.

The member-facing version of this page is how it works.

Step by step

  • 1. Discovery — venues and organisers search artist profiles by genre, location, budget and availability; artists browse the gig board and the public gig directory. Public directories and free tools feed new members into this step continuously.
  • 2. Negotiation — parties message in real time; an offer sent in chat carries the date, fee and terms and becomes a structured booking the moment it is accepted. Counter-offers, declines and cancellations are all explicit states, not lost DMs.
  • 3. Contract — every booking generates a digital contract both parties sign. No handshake deals; disputes reference an agreed document.
  • 4. Payment — where the parties choose protected payment, funds are held via Stripe and released when the gig completes (5% platform fee). Private settlement is allowed at 0% — the platform does not force its rails to extract a toll.
  • 5. Completion and review — completed bookings unlock two-way reviews. Because reviews require a real booking, reputation on GigXchange is verified, not self-asserted.

Reliability engineering around the flow

The workflow handles the failure modes that define live music: cancellations and no-shows are explicit booking states with defined consequences, and an emergency-cover flow (Gig Rescue) re-lists a slot and notifies matching artists when an act pulls out. These edge cases are where handshake-deal booking breaks down — and where infrastructure earns its keep.

Why multi-role matters

Most booking platforms model one buyer and one seller. Real live music involves agents booking on behalf of rosters, promoters programming across venues, and organisers booking one-off events. GigXchange models all five roles natively on shared rails — which multiplies the connection surface of the network (every new member can transact with four other role types, not one) and underpins the liquidity argument in Network effects.

Frequently Asked Questions

Discovery (search, directories or the gig board) leads to a conversation; an offer is made in chat and becomes a structured booking; both parties sign the generated digital contract; payment is protected via Stripe if the parties choose it; the gig happens; funds release on completion; both sides leave verified reviews.
Five: artists, venues, agents, promoters and event organisers. All have equal access — an agent can manage a roster, a promoter can book across venues, an organiser can book a single wedding band — through the same booking, contract and payment rails.
Payment processing is built on Stripe. Where the parties choose protected payment, funds are held and released on completion of the gig, for a 5% platform fee. Parties may also settle privately at 0% — the booking, contract and review rails work either way.
Yes. Every booking generates a digital contract that both parties sign — the terms, date and fee agreed in the negotiation become an agreed document rather than a thread of messages. Disputes reference the contract.
Cancellations are explicit booking states with defined consequences, and the emergency-cover flow (Gig Rescue) re-lists the slot and invites matching available artists — the first to accept is booked. This failure mode is exactly where handshake-deal booking breaks down.
Reviews are two-way and can only be created from verified, completed bookings — an artist reviews the booker and vice versa. Reputation is therefore earned through real transactions and cannot be faked, bought or imported.

Related Investor Articles

Investor Contact

No investor-relations team and no ticket queue — enquiries land with the founder directly.

Naumaan Zahid, founder of GigXchange

Naumaan Zahid Founder, GigXchange

A UK guitarist on the circuit since 2009 who built GigXchange because grassroots booking still ran on DMs and handshake deals. He runs the platform, answers enquiries himself, and still gigs.

  • Happy to provide: a product walkthrough, specific data cuts from the GX Index and directories, methodology answers, and straight answers on anything in this hub.
  • Published openly: member counts, directory sizes and market data — on the Investor Hub, the press room and market statistics. Revenue, funding and transaction volumes are not published.
  • To note: this hub is informational — not a solicitation, financial promotion or offer of securities.
Naumaan
Founder & Builder

I'm building GigXchange because the UK live music scene deserves better tools. Sign up, try it, break it, tell me what's missing — your feedback shapes everything we build next.

Did you know? The UK is one of the world’s largest music markets, behind only the US and Japan.
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