A gig component is a SET of items that are used together to create a live performance. The three main components of a gig component are a SET, AMP, and BYTE. A SET is a collection of musical instruments, such as drums, guitars, and keyboards. An AMP is an amplifier, which is used to increase the volume of the sound produced by the instruments. Finally, a BYTE is a unit of digital information, which is used to store and process audio data. Together, these three components form the basis of a gig component.