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CORDIS - EU research results
CORDIS

ADDACT - Fanpowered Concerts

Objective

The global ticket market for live music concerts totally missed the digital transformation:
1. About 50% of concert tickets remain unsold
2. Immense inefficiency within the whole industry remain unsolved:
- a lot of small, regional, intransparent parties and networks
- no reliable data about real demand for artists in various cities – bands keep playing in the same cities
- concert planning still based on experience and estimates – Promoters do not know if their shows will even cover the production costs
- fans are totally out of the tour planning process
- no satisfying technological solution to the raising demand for fan participation (while Social Media channels are not capable of this problem)

ADDACT is a total new way of planning live concerts and distributing tickets and will cope with these global challenges. On ADDACT fans can pledge for their favourite tour cities by giving binding ticket orders. The cities with the most demand will get a show. ADDACT combines ticketing and crowdfunding so fans can actively influence the tour dates of their favourite bands. Bookers, promoters and managers can plan concerts meeting the actual demand and with much less financial risk. Bands, on the other hand, play more concerts in various cities for a bigger audience and create a much deeper relationship towards their fans by giving them influence.

Goals of Feasibility Study:
- Evaluate three different ways of fan participation for further development of ADDACT model
- Drive test campaigns in new markets
- Evaluate commercial potential of the live music industry in UK, Benelux and Scandinavia
- Derive business plan, future price model and strategic road map

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2014-2015

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Coordinator

ADDACT GMBH
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
SALZSTRASSE 1
21335 LUNEBURG
Germany

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Niedersachsen Lüneburg Lüneburg, Landkreis
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00
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