What is the definition of Prepaid Project?

A 'prepaid project' is like a fun party you book ahead of time but only pay the entrance fee - no room service, just a bunch of vague deadlines and a hefty dose of 'aybe later' vibe. It's essentially a project you've signed up for before you've even had the chance to sit down and start brainstorming.

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Now, here's a sentinel sentence for you: "The prepaid project to write my novel was booked for last week, but I still can't recall the first plot twist, so I'm preemptively paying $500 for a future 'aybe' instead of a full manuscript."